HousingWireHousingWire California-based direct lender AmeriTrust Mortgage announced a new addition to its leadership team. The company welcomed veteran mortgage executive Jett Farrington this week as its new chief operating officer. Farrington joins a C-suite leadership team consisting of CEO Chad Schoep and chief financial officer Tapan Patel. The Arizona State…
Continue reading →HousingWireHousingWire As mortgage rates continue to climb past the 7% mark, applications continued to take a step back following the New Year’s Day holiday. Demand decreased by 3.7% from the week prior, the Mortgage Bankers Association (MBA) reported in its weekly mortgage applications survey for the week ending Jan. 3….
Continue reading →The Monadnock Resource Alliance, a coalition of area organizations working for housing stability, held an event focused on house-sharing in early December. (Courtesy of Lillian Chase, Hannah Grimes Center for Entrepreneurship) A local housing coalition believes it’s identified a way to immediately add housing stock to the limited supply in…
Continue reading →The first of 27 concrete monolith structures floats on the Piscataqua River Thursday, May 16, 2024 en route to Portsmouth Naval Shipyard for the ongoing Dry Dock 1 expansion project. (Photo by Deb Cram/Seacoastonline) The seven-year $1.87 billion dry dock expansion at Portsmouth Naval Shipyard is about halfway to completion,…
Continue reading →HousingWireHousingWire Real estate investment trust Redwood has expanded its home equity platform, Aspire, to include alternative loan products amid affordability challenges in the housing market, the company announced Tuesday. The move is part of a repositioning that includes branding of its jumbo loan platform, which will continue to operate under…
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