Most of last year’s top-producing loan officers at Draper and Kramer Mortgage Corp. (DKMC) are not transitioning to the company’s acquirer, New American Funding (NAF), according to multiple sources and available public data. During their departure, DKMC sales staff who are not joining NAF were informed by leadership that they will have to wait a […]
Fairway Independent Mortgage Corp., the nation’s ninth-largest mortgage originator, announced Friday that it would be closing its wholesale channel and pivoting entirely to retail. “The people who have run Fairway’s Wholesale Department are some of the most talented, humble people in the business and will be a huge value add at their next mortgage home,” […]
The U.S. economy added significantly more jobs than expected during the first month of the year. Jobs increased by 353,000 in January, up from a revised rate of 333,000 in December, according to data released by the Bureau of Labor Statistics on Friday. January’s reading far exceeded the monthly average of 255,000 new jobs per […]
Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Texas residents
Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Ready to
New York-based nonbank mortgage lender RealFi (formally known as Residential Home Funding Corp.) laid off employees in December and did not issue their last paychecks
U.S. single-family rent growth softened year-over-year in October, but remained above pre-pandemic levels. Rental prices were up by 2.5% annually in October, cooling from 2.6%
The last week of data for the year U.S. real estate market is in and it may surprise you, but pretty much all the signals
The “silver tsunami” — a colloquialism referring to aging Americans changing their housing arrangements to accommodate aging — could have more of an impact on
Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. From Bethesda and Towson to Havre de Grace and Silver Spring, it’s now easier than ever to complete the required 60 hours of real estate prelicensing classes
Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Texas residents interested in becoming a real estate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. That’s
Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Ready to get your real estate license in Pennsylvania? You’ll want to enroll in one of the best Pennsylvania real estate schools to gain the skills and
New York-based nonbank mortgage lender RealFi (formally known as Residential Home Funding Corp.) laid off employees in December and did not issue their last paychecks or provide a severance package, former workers told HousingWire. The company’s executives held a conference call with employees on Dec. 15, notifying them about the
U.S. single-family rent growth softened year-over-year in October, but remained above pre-pandemic levels. Rental prices were up by 2.5% annually in October, cooling from 2.6% annual growth in September. It was the largest drop between September and October in more than a decade. Rent growth was also the lowest since
The last week of data for the year U.S. real estate market is in and it may surprise you, but pretty much all the signals for housing in 2024 are pointing for growth now. Inventory is slowly but steadily increasing over last year, which means slightly more options for buyers