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HousingWire
- Carrington names new vice president of TPO marketing May 7, 2024Carrington Mortgage Services hired Steven Winokur to serve as vice president of marketing for third-party originations.
- Annual home price gains reach 5.3% in March: CoreLogic May 7, 2024U.S. single-family home prices continued their upward trajectory in March, marking the 146th consecutive month of annualized gains.
- FOA records loss in Q1 but remains confident about improving profitability May 7, 2024The company recorded a loss in Q1 2024 but remains bullish on its outlook after completing its AAG consolidation and an impending rebrand.
- NAR magazine devotes space to reverse mortgages and seniors May 7, 2024More reverse mortgage loan officers have been seeking real estate agent referral partnerships to discuss the HECM for Purchase program.
- White House, HUD announce $5.5B in housing and community development grants May 7, 2024The funding will be distributed across all 50 states to address affordable housing supply, homelessness, substance use disorder and more.
- Polly announces AI integration into its pricing engine May 7, 2024Polly announced a platform that integrates AI into its product and pricing engine, including a "copilot" for loan originators.
- Mortgage rates ease as the labor market cools May 7, 2024Mortgage rates eased slightly last week after a cooler-than-expected jobs report. Additionally, the 10-year Treasury yield fell after Friday’s jobs report.
- Flagstar Bank makes changes to TPO leadership May 7, 2024Flagstar Bank has made changes to its third-party origination channel leadership, with Rich Hoffman stepping in to head up the division.
- Despite industry headwinds, Real believes it can continue growing agent count May 7, 2024Real executives discussed how the firm plans to continue attracting agents in a post-NAR-settlement world during firm's Q1 2024 earnings call.
- What a 15-year market share high means for the broker industry May 7, 2024Market volatility and rising rates have made borrowers more sensitive to the ever changing market, resulting in them becoming more informed on their options when choosing a lender and the benefits of working with an independent mortgage broker.