New York, California have country’s highest average closing costs
Closing costs in those two pricey states are more than $7,500 each
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Industry Watch: A new acquisition for Guild Mortgage and more
Guild Mortgage has acquired First Centennial Mortgage, a privately held residential mortgage lender headquartered in Illinois with branches predominantly located in the Midwest. First Centennial Mortgage was founded by brothers Steven and David McCormick in 1995. The terms of the acquisition were not disclosed. Nations Lending has announced the opening of its newest branch in […]
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More gradual cooling in labor market brings economy closer to ‘soft landing’
Job additions slowing but stable; wage growth eases, but still exceeds target range
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High interest rates impact industrial sales volume during first half of year
Property prices hold steady; outlook remains positive
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New Case-Shiller Index data confirms summer home price strength
June marks fifth straight month of increases as home price index climbs near historic high
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ICE’s acquisition of Black Knight set to close on Sept. 5
Divestitures of Empower and Optimal Blue expected to close 20 days thereafter
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Industry Watch: Zillow Loans debuts 1% down product and more
Nations Lending has announced the opening of its newest branch in Orlando, adding Jennifer Smith as branch manager. The new office will be servicing the Orlando area as well as the broader Florida region. Zillow Home Loans has announced its 1% Down Payment program, initially being offered on properties located in Arizona with plans to […]
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Data center demand stays hot, widening supply-demand imbalance
Developing technologies like artificial intelligence continue to boost subsector
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Notable mortgage industry additions and promotions, Aug. 21-25
New American Funding (NAF) has announced the expansion of its executive leadership team with the appointment of Andrew Strickman as chief marketing officer. Prior to joining NAF, Strickman led marketing at Care Access and has spent the last few years advising purpose-focused startups and non-profit organizations. He also spent eight years as the senior vice […]
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Recession or soft landing? It may not matter much for housing outlook
Home sales set to ‘remain subdued’ either way, according to Fannie Mae economists
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