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HousingWire
- AnnieMac Home Mortgage welcomes a new face to its executive team May 6, 2024New Jersey-based AnnieMac Home Mortgage appointed Ian Aubourg to the role of senior vice president of retail sales.
- NRMLA, MBA provide comments on HECM application, origination documents May 6, 2024The trade groups are seeking to give reverse mortgage lenders more time to transition away from long-used documents.
- Home price signals point to flat growth May 6, 2024Inventory increases aren’t occurring at a super fast pace, but the number of homes on the market across the country keeps expanding.
- After exiting wholesale, Fairway hires origination teams across the nation May 6, 2024The company added nearly 100 employees last month from Movement, Summit, Intercap and Norcom
- Warren Buffett: Real estate agent commission structure “has worked out very well” May 6, 2024"People do negotiate down commissions to some extent, but I can tell you, I’ve looked at the figures and I think the system has really worked out very well," Buffett told shareholders on Saturday.
- U.S. mortgage holders post record levels of home equity: ICE May 6, 2024Nationwide equity on mortgaged homes soared to a record $16.9 trillion in the first quarter of 2024, with $11 trillion available for leverage.
- Rocket hires former Thomson Reuters, Intel executive as its first CTO May 6, 2024Shawn Malhotra will be responsible for overseeing AI development, data science, product engineering and other areas
- Congressional lawmakers form bipartisan real estate caucus May 6, 2024Two Democrats and two Republicans have formed the new real estate caucus, which is supported by a total of 11 housing trade groups.
- Trade groups express concerns on VA timeline for defaulted loan purchase program May 6, 2024MBA and HPC said that the implementation timeline for servicers to get onboard with the VASP program is coming too quickly.
- Redfin settles commission lawsuits for $9.25 million May 6, 2024Redfin has settled the commission lawsuits for $9.25 million, but a filing with the SEC did not detail any possible business practice changes.