Trump signs executive order to reduce housing costs, but will it work?
Lacking details, the order may be more a statement of priorities than a practical guide
Mortgage demand finally — finally — moves in a positive direction
After weeks of decline, mortgage applications perked up last week
Interest rate declines doom Guild to a quarterly loss of about $67 million
Originations were a bright spot, rising $6.9 billion during the quarter
Home price growth shows signs of slowing
Case-Shiller: Appreciation has decelerated over the past six months
Home equity explains low foreclosure rates, but not fully
Since the COVID-19 pandemic foreclosure moratorium lifted in January 2022, the higher the home equity, the lower chance that a foreclosure is completed — at least at the national level. The foreclosure completion rate has averaged 24.8% monthly, meaning that about one in four properties scheduled for foreclosure auction each month makes it to the […]
The Loan Originators’ Edge: Jennifer Beeston
The newest episode of the Loan Originator’s Edge features the newly rebranded Rate’s Jennifer Beeston, who soared to the No. 1 ranking in Top VA Volume this year. One of the industry’s most successful adopters of social media and content creation, Beeston talks to Carl White about her online presence, building her brand, what she […]
The Loan Originators’ Edge: Dustin Rosenberg and Jonathan Yoo, Convoy Home Loans
In the newest episode of Scotsman Guide’s podcast series, Carl White chats with Dustin Rosenberg and Jonathan Yoo, the originators fueling the rise of California-based Convoy Home Loans. Rosenberg has been a powerhouse in recent years, rising to No. 16 in Scotsman Guide’s Top Originators rankings by dollar volume. Amazingly, he’s doing it through refinances […]
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Notable mortgage industry additions and promotions, July 3-7
First American Financial Corp. announced the appointment of Jody Mulkey as chief technology officer. In this new position, Mulkey will oversee First American’s corporate product development team. Prior to joining First American, Mulkey served as CTO at GoodRx. Earlier in his career, he served as CTO at Ticketmaster. Attom announced the addition of two new […]
Notable mortgage industry additions and promotions: May 8-12
Cenlar FSB announced that Michael Biddle has joined the company in the newly created role of chief data scientist. Biddle will lead Cenlar’s recently launched Mortgage Information Factory, which will focus on leveraging the company’s large data into actionable information and insights for its own operations, as well as clients and homeowners. He holds an […]