Planet Home Lending LLC, Meriden, Conn., hired Kathryn Edelen as Regional Vice President of Sales. She will manage the Eastern U.S. for Planet and will focus on capturing market share through addition of branches and mortgage loan originators.
Category: News and Trends
Matthew Covi of Chimney: Is Homeownership Still the American Dream?
Buying (and now owning) a home can be a challenging endeavor. Our journey started with a year-long search for the right home. We then went through a stressful six-month renovation. And as sticker shock set in, we ended up needing to take out a HELOC to pull it all off. It was by far the biggest investment I’ve made in my life so, of course, the experience had its ups and downs.
MBA Weekly Survey June 15, 2022: Applications Up 1st Time in 5 Weeks
Mortgage applications rose for the first time in five weeks, even as interest rates jumped to the highest level since 2008, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending June 10.
Fitch: FHFA Final Capital Rules Supportive of Credit for Fannie, Freddie
Fitch Ratings, New York, said the Federal Housing Finance Agency recent adoption of final regulations requiring the submission of annual capital plans and new public risk disclosures for Fannie Mae and Freddie Mac are creditor positive.
Results Mixed on Spring Foreclosure Activity
New reports present a mixed bag on U.S. foreclosures, with CoreLogic, Irvine, Calif., reporting a new low in foreclosure rates, while ATTOM, Irvine, reported an uptick in foreclosure activity.
MBA Weekly Survey June 15, 2022: Applications Up 1st Time in 5 Weeks
Mortgage applications rose for the first time in five weeks, even as interest rates jumped to the highest level since 2008, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending June 10.
Analysts Upgrade Hotel Forecast
STR and Tourism Economics upgraded their recovery timeline for U.S. hotel revenue per available room.
Fitch: FHFA Final Capital Rules Supportive of Credit for Fannie, Freddie
Fitch Ratings, New York, said the Federal Housing Finance Agency recent adoption of final regulations requiring the submission of annual capital plans and new public risk disclosures for Fannie Mae and Freddie Mac are creditor positive.
Results Mixed on Spring Foreclosure Activity
New reports present a mixed bag on U.S. foreclosures, with CoreLogic, Irvine, Calif., reporting a new low in foreclosure rates, while ATTOM, Irvine, reported an uptick in foreclosure activity.
Dealmaker: Northmarq Completes $62M in Senior Housing, Multifamily Refinances
Northmarq, Minneapolis, refinanced a senior housing community and a multifamily property in transactions totaling $61.9 million.