HousingWireHousingWire For decades, cities in the Midwest have declined due to an exodus of manufacturing jobs that changed the region’s nickname from the “Steel Belt” to the “Rust Belt.” While elected leaders from Donald Trump to Bernie Sanders have proposed tariffs on industries whose jobs once sustained the region, the…
Continue reading →HousingWireHousingWire In 2024, more people moved out of Illinois than into the Prairie State. According to the National Movers Study conducted by United Van Lines, 60% of moves in Illinois last year were outbound, which was the second-highest percentage of outbound moves among all states. The most popular reasons for…
Continue reading →HousingWireHousingWire Ridgeland Mortgage, a recently formed joint venture between loanDepot and homebuilder Smith Douglas Homes, on Thursday announced the appointment of Teresa Carlile as president. In her new role, Carlile will lead Ridgeland’s growth strategy and daily operations. “Teresa is a trusted leader in the mortgage industry, and as our…
Continue reading →HousingWireHousingWire Several fires burning more 45 square miles in the Los Angeles area have forced more than 100,000 residents from their homes and killed five people, The Associated Press reported on Thursday. Nearly 2,000 homes, businesses and other structures have been destroyed, with many displaced residents scouting for rental properties…
Continue reading →HousingWireHousingWire Federal Housing Finance Agency (FHFA) Director Sandra Thompson will leave her post on Jan. 19, a day before the inauguration of President-elect Donald Trump, according to an agency spokesperson who spoke with Bloomberg. Thompson first joined FHFA following a 23-year tenure at the Federal Deposit Insurance Corp. (FDIC) before…
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