By CHUCK GREEN To home sellers who agonizingly watched the prices of their abodes recede recently, leaving a nasty gash in profits, there’s little to say but “ouch.” Want a touch of solace? Apparently, the waters are rippling with plenty of others in the same predicament. A first quarter 2023 U.S. Home Sales Report released…
By KIMBERLEY HAAS The CEO of loanDepot says they will continue to focus on their long-term strategy to become the most trusted homeowner fulfillment company in the world after the company released their results for 2021, which show a decline in net income but an increase in market share. Anthony Hsieh, Founder and CEO of…
Lenders don’t feel optimistic about their future profit margins, with 65% reporting they believe their profit margins will shrink in the next three months, according to Fannie Mae’s Mortgage Lender Sentiment Survey. The share of lenders who feel pessimistic about future profits rose by 19% from Q3, citing competition from other lenders and changing market…
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