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HousingWireHousingWire The likelihood of a third Federal Reserve rate cut got higher with Wednesday’s Consumer Price Index from the U.S. Bureau of Labor Statistics, which met expectations from economists on inflation. Headline inflation in November rose 2.7% year over year and 0.3% compared to October. Core inflation — which excludes…
Continue reading →HousingWireHousingWire San Francisco-based mortgage software development company Blend Labs announced Tuesday that it’s hiring Srini Venkatramani as head of product, technology and customer operations. Venkatramani joins Blend after the company’s profitable third-quarter 2024 performance. The technology leader brings 23 years of experience, including a recent role as chief product and…
Continue reading →HousingWireHousingWire The appeals of the final approval of the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement by Judge Stephen R. Bough continue to roll in. On Tuesday, attorneys at Knie & Shealy, the law firm representing the Burton copycat commission lawsuit plaintiffs in South Carolina, filed an appeal with the…
Continue reading →HousingWireHousingWire The National Association of Realtors’ (NAR) commission lawsuit settlement agreement may have received final approval, but it looks like NAR’s commission lawsuit woes are not over. On Tuesday, two Ohio-based companies that specialize in the acquisition, renovation and management of distressed real estate properties in Northeast Ohio, Abandoned Homes…
Continue reading →HousingWireHousingWire Sierra Pacific Mortgage has hired Suzy Lindblom as its new Chief Operating Officer, the company announced in a LinkedIn post. Lindblom confirmed the move in her own post, adding that she has been working with Sierra Pacific as a consultant for the last six months. With more than 40…
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