HousingWireHousingWire Michael S. Barr will step down from his position as vice chair for supervision of the Federal Reserve Board. His resignation is effective Feb. 28, or until a successor is confirmed, the board announced Monday. Barr, who has served as vice chair for supervision since July 19, 2022, submitted…
Continue reading →HousingWireHousingWire The U.S. Department of Housing and Urban Development (HUD) last week published a new request for information (RFI) in the Federal Register as it seeks to understand more about the turbulence in the home insurance market stemming from extreme weather, property resiliency, reductions in coverage and the withdrawal of…
Continue reading →HousingWireHousingWire Nonqualified mortgage (non-QM) and nonagency lender Arc Home on Monday announced the additions of John Gibson as chief production officer and Eamon Cantwell as chief operations officer. Gibson will focus on enhancing Arc Home’s production capabilities, strengthening broker and correspondent relationships while advancing the growth of the company’s non-QM, nonagency and HomeEQ products, according…
Continue reading →HousingWireHousingWire It may be a new year, but the National Association of Realtors (NAR) is continuing to face legal challenges over its membership structure. The newest suit was filed last week in the U.S. District Court for the Middle District of Louisiana by Carla DeYoung, Tammy Jo Williams, Darlene Currie…
Continue reading →To be considered middle class in 2019, a household in New Hampshire needed a minimum annual income of $83,151. By 2023, that jumped to $108,470, according to new data from ConsumerAffairs, a journal of consumer research. That latest bit of data gives New Hampshire the distinction of having the second…
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