To be considered middle class in 2019, a household in New Hampshire needed a minimum annual income of $83,151. By 2023, that jumped to $108,470, according to new data from ConsumerAffairs, a journal of consumer research. That latest bit of data gives New Hampshire the distinction of having the second…
Continue reading →HousingWireHousingWire Affordability issues have stymied the housing market for the better part of the past decade, but it didn’t get worse in 2024. That’s the conclusion of a new report from Redfin, which said that housing affordability didn’t deteriorate further last year, the first time that’s happened in four years. …
Continue reading →HousingWireHousingWire GVC Mortgage announced the hiring of Jen Peachman as vice president of strategic lending, a move that Peachman confirmed on LinkedIn. Per the Chrisman Commentary, a daily mortgage newsletter produced by Rob Chrisman, GVC said that Peachman “will play an integral role in expanding our retail branch network across…
Continue reading →HousingWireHousingWire Vanderbilt Mortgage & Finance, part of Warren Buffett’s conglomerate Berkshire Hathaway, has been accused by the Consumer Financial Protection Bureau (CFPB) of manipulating underwriting standards and setting borrowers up to fail in manufactured home loans. The consumer watchdog on Monday filed a lawsuit in a U.S. district court in…
Continue reading →HousingWireHousingWire HousingWire Vanguard Sarah Gonzalez has taken on a new role at Logan Finance Corporation as chief innovation officer. Gonzalez formerly served as Logan’s chief operating officer, a position she started in February 2024. Before joining Logan, Gonzalez served as president and COO at Panorama Mortgage Group. Gonzalez has a…
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