Dunmor promotes two operations leaders

Real estate lending shop Dunmor has promoted two employees to senior leadership positions. Andy Thienkosol, a veteran in business-purpose lending (BPL), has been named chief operating officer of the California-based lender. Melissa Perez, a former director of operations at First Republic Bank, has joined Dunmor as senior vice president of…

Continue reading →

ALTA official tackles title insurance alternatives and market share

In a recent episode of “Ten Minute Talks,” HousingWire president Diego Sanchez spoke with Chris Morton of the American Land Title Association (ALTA) to shed light on the future of title insurance, alternative options, regulations, market competition and coverage costs. Morton, who serves as ALTA’s senior vice president of public…

Continue reading →

Mortgage rates continue their descent

Mortgage rates continue to move lower this week even as higher borrowing costs have kept activity subdued across many areas of the housing market. According to data at HousingWire’s Mortgage Rates Center, the average rate for 30-year conforming loans was at 7.01% on Tuesday, down 5 basis points from one…

Continue reading →