Angel Oak Companies, a leading vertically integrated asset manager delivering mortgage and consumer credit solutions, has announced that David Raju has been appointed its Group Chief Information Officer. Raju was ...
Read More »Better Technology Doesn’t Necessarily Mean Better Profits
Based 20 years of data, researchers found that there is no correlation between how much a company spends on technology and a lower fulfillment cost per loan or a higher net production income for banks and independents.
Read More »Refi Activity Hits 20-Month Low
With rates on the rise, a slight uptick in purchase apps compensated for a slide in refinance apps, which hit lows last seen in January 2020.
Read More »House Price Appreciation Sets Record for Third Consecutive Month
U.S. home price appreciation reached 20.7% in August 2021, marking the third straight month it has reached a new record mark, according to the latest findings by First American.
Read More »Pet-Friendly Features Can Help Sell a Home Faster
Homes with more bedrooms and private outdoor space are seen as a premium for pet owners, who are more likely to buy homes over 3,000 square feet for their furry friends.
Read More »Rich Harkwell Joins Waterstone Mortgage as Chief Sales Officer
Focusing on long-term sales goals, 30-year industry vet joins Waterstone to work alongside sales and senior leadership teams to oversee the strategic sales growth of the company.
Read More »When It Comes to Homebuying, There’s a Digital Generation Gap
Millennials have embraced the digital homebuying process, but new data from RE/MAX shows that Generation X and boomers have been slower to adopt such measures.
Read More »Annual Home Price Gains Remained High in August
Housing demand has held strong, as buyers continue to pay above asking prices in a market stifled by tight inventory and a deceleration in construction due to supply chain concerns.
Read More »JPMorgan Chase Commits $8.4 million of Philanthropic Capital
As part of a five-year $400 million philanthropic commitment to that includes low-cost loans, equity and grants targeted to nonprofits and organizations in the affordable housing space that work to improve ...
Read More »New Rules to Protect Consumers From Unsafe Condos
In response to mounting concerns about aging condos after the Champlain Towers South collapse in Surfside, Florida, Fannie Mae has instituted new rules about deferred maintenance before they will take on the loan.
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