by mdibrino@hqmloans.com | Mar 15, 2023 | Uncategorized
Kan pointed out that the conventional subindex decreased by 4.3% to its lowest level in the survey, which goes back to 2011. The government index dipped 1.6%, while conventional MCAI and its jumbo subindex both edged down 4.4% in February. “This decline was...
by mdibrino@hqmloans.com | Mar 15, 2023 | Uncategorized
“We are excited Josh has joined the Granite family,” said Jerry Reiter, president and CEO of Granite Bank. “With his extensive knowledge of the mortgage industry combined with his focused approach, we are confident he is the best choice to build...
by mdibrino@hqmloans.com | Mar 15, 2023 | Uncategorized
“The extraordinary increase in mortgage rates drove the decline in AIMI as 2022 concluded,” said Steve Guggenmos, vice president of research and modeling at Freddie Mac Multifamily. “Rising rates and slowing property cash flows impacted investment...
by mdibrino@hqmloans.com | Mar 15, 2023 | Uncategorized
Omar Esposito, president and CEO of Framework, commented: “We are thrilled to partner with The Change Company, America’s largest CDFI, as we work to make smart homeownership the new norm nationwide by leveraging technology to reach a new generation of...
by mdibrino@hqmloans.com | Mar 14, 2023 | Uncategorized
What two banks recently failed? Last week, the federal government took over Silicon Valley Bank, which endured a $1.8 billion after-tax loss before its collapse. Signature Bank failed under the weight of its cryptocurrency ties. Rebecca Richardson, a Charlotte,...
