Good Morning! Today is Thursday, February 10. Chuck Schumer and Nancy Pelosi suggested that they were open to banning members of Congress from trading stocks. Officials have delayed the medal ceremony for team figure skating amid reports that a Russian skater failed a drug test. A former casino executive was sentenced to a year and a day in prison for a bribery scheme to get his daughter into U.S.C. The Mortgage Note Reports Impact Of Labor Numbers On Housing Market Remains Unclear: Despite an uptick in job numbers and an increase in personal incomes, there is still uncertainty about how the latest Labor Statistics Report will impact the housing market. Second Home Demand: Second home demand outpaced primary residence demand…
Good Morning! Today is Thursday, January 6. It’s the anniversary of the January 6 riot, and President Biden will speak today on steps to strengthen democracy in the US. A Philadelphia fire left at least thirteen dead and two hospitalized. The CDC recommended Pfizer boosters for children aged twelve and up. And in mortgage and housing news… Check Out The Photos!: These are the most expensive homes in 2022’s hottest housing markets. Second Home Demand Stays High: December demand for vacation homes topped pre-pandemic levels by 77% as affluent Americans continue to take advantage of remote work and low-interest rates. But it’s so hard to get into the game, some people are comparing it to finding their way into an…
Rocket Mortgage announced several leadership changeups, including a new title for Jay Farner, the company announced. Farner, currently Vice Chairman and CEO of Rocket Companies, will now have the title of CEO for Rocket Central, the hub for the Rocket Companies fintech platform. The title change will not impact his role at the company, allowing him to “continue driving the growth of the entire ecosystem from mortgage and real estate to car sales and personal finance,” according to the statement. The former CEO of Rock Central, Angelo Vitale, will now focus exclusively on his role as General Counsel and Secretary at Rocket. Rocket Mortgage veteran Bob Walters will take over the role of Rocket Mortgage CEO. Prior to this promotion,…
Amrock, a title insurance and property valuations provider, announced its CEO Brian Hughes will retire at the end of this month. Nicole Beattie, Executive VP of Mortgage Servicing at Rocket Mortgage will assume the role on November 19. “I would like to congratulate Brian on Amrock’s success. His leadership has solidified the company’s position at the top of the industry and paved a clear path of innovation for years to come,” said Beattie. “I’m excited to build on the company’s momentum, continuing to create technology solutions that improve the mortgage closing experience for our lender partners and the clients they serve.” Beattie spent 18 years with Rocket Companies, the last four as EVP of Rocket Mortgage’s servicing team, managing a…
