HousingWireHousingWire David Rands, chief financial officer at housing nonprofit Enterprise Community Partners, is taking on an expanded role as the organization’s chief operating officer and chief financial officer. The move was effective May 1. The move comes as Enterprise combines its finance and operations functions following the recent departure of…
Continue reading →HousingWireHousingWire After a drawn-out legal battle, Howard Hanna Real Estate Services has reached a settlement in the Gibson commission lawsuit. A court notice filed on Friday stated that attorneys for Howard Hanna Holdings Inc. and the plaintiffs had reached “an agreement in principle” to settle all claims against the Pittsburgh-based…
Continue reading →HousingWireHousingWire Today’s jobs report showed positive growth, with 177,000 jobs added and an unemployment rate of 4.2%. Mortgage rates went up a tad today, but the spreads improved, which was a positive. As market drama calms down, we should see some improvement with the spreads, something I discussed in this…
Continue reading →HousingWireHousingWire Financial literacy resource provider FirstHome IQ has announced a partnership with Crib Equity, a co-investment platform that aims to improve affordability by increasing the down payment and lowering debt. Crib Equity’s model matches borrowers’ down payments as an investment rather than a loan, eliminating additional debt burdens for first-time…
Continue reading →HousingWireHousingWire Economists are bracing for the possibility of job losses as a result of economic uncertainty, but so far they’re not happening enough to offset job gains. According to the April jobs report released Friday by the U.S. Bureau of Labor and Statistics (BLS), non-farm payrolls added 177,000 new jobs…
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