Appraisal Buzz

OCTOBER 25, 2024

In their new study , “ghost towns” are modern metro areas on the edge of decline due to decreasing population and increasing home and retail vacancies. Homes vacant for longer than two years show a pattern of long-term decline, while retail vacancy rates impact the local economy and decreasing new building permits show lesser investments.

Retail 355

Retail Modernization Construction Realtors 355

Housing Wire

NOVEMBER 21, 2024

Industries like retail, banking, transportation and food service have undergone massive digital transformation in recent years by leveraging new technologies to enhance consumer experience. Digital payments have been the norm for years in spaces such as retail and restaurants. Census Bureau.

Property Management 370

Property Management Retail Technology Transportation 370

Appraisal Buzz

MARCH 14, 2025

Beyond its main purpose, the housing industry starts a number of initiatives that boost economic expansion and increase GDP through home sales, renovations, and construction. Additionally, buying a property, especially an older one, usually results in higher consumer spending.

Insurance 389

Insurance Renovations Sellers Design 389

Housing Wire

JULY 8, 2022

The construction sector, meanwhile, had only a slight gain, according to the U.S. But employment showed little change over the month in other major industries, including construction, retail trade, financial activities, government and other services. Job growth in the U.S. jobs report , released Friday. in June 2021.

Construction 397

Construction Housing Market Retail Real Estate 397

Housing Wire

NOVEMBER 4, 2024

Smith Douglas Homes’ approach to the new construction market is perfectly aligned with loanDepot’s commitment to serving the needs of first-time homebuyers,” said Dan Peña, executive vice president of national joint ventures for loanDepot. The retail lender is scheduled to announce its third-quarter earnings on Tuesday.

Business 305

Business Mortgage Retail Construction 305

Housing Wire

JANUARY 4, 2023

After Finance of America Companies closed its forward mortgage origination unit in October, a total of 21 FoA retail branches transitioned to Go Mortgage, said Steven Reich, a division president at Go Mortgage and former executive at FoA, in an interview with HousingWire. We specialize in marketing for purchases.”.

Retail 508

Retail Mortgage Construction Loan Officers 508

Housing Wire

FEBRUARY 7, 2025

Job gains occurred in health care, retail trade, and social assistance. Private payroll data, which excludes government jobs: 12-month average: 132,000 6-month average: 145,000 The key metric for me in 2025 is the residential construction workers not just this year but for the next four years. percent, the U.S.

Marketing 478

Marketing Mortgage Government Retail 478

Housing Wire

NOVEMBER 13, 2024

The Home Depot Foundation — the philanthropic arm of the home improvement retail conglomerate — announced that it is investing $10 million for the purpose of enabling older military veterans to age in place in their homes.

Investing 370

Investing Renovations Retail Technology 370

Housing Wire

DECEMBER 18, 2024

The site, which was constructed throughout nearly all of 2024, launched post-live quality assurance (QA) and has been up for about a day, Burgard confirmed in an interview with HousingWire. Citi led creative testing throughout the year-long site design and build, and will conduct testing throughout 2025.

Marketing 418

Marketing Lending Retail Mortgage 418

Housing Wire

JANUARY 13, 2025

Evans will help manage retail business in states like Alabama , Arkansas and Tennessee. The company believes that population increases in these states have driven higher demand for new construction sales. Top 20 U.S. He will report directly to senior vice president of production Paul Ramos.

Lending 370

Lending Retail Business Construction 370

Appraisal Buzz

OCTOBER 11, 2024

Census Bureau Advance Monthly Retail Sales (Thursday) Freddie Mac Primary Mortgage Market Survey (Thursday) U.S. Census Bureau Manufacturing and Trade Inventories (Thursday) U.S.

Marketing 370

Marketing Mortgage Finance Retail 370

Appraisal Buzz

JANUARY 22, 2025

Office, industrial, retail, hotel, and multifamily facilities of all kinds and types make up the remaining 20%. The amount of dwelling units constructed in Los Angeles throughout the last three years provides a more concrete understanding of the devastation. The city is renowned for its challenging construction environment.

Construction 396

Construction Inventory Retail Real Estate 396

Housing Wire

MAY 6, 2024

million in mortgages last year, mainly for building and construction. Last week, California-based Mountain West Financial sold its retail assets to competitor ML Mortgage Corp. Last month, CMG Financial acquired Norcom Mortgage ’s retail assets.

Mortgage 459

Mortgage Retail Loan Officers Construction 459

Housing Wire

NOVEMBER 20, 2023

California-based retail lender American Pacific Mortgage (APM) has named vice chairman Bill Lowman as its chairman of the board, succeeding APM founder Kurt Reisig. The lender also brought over 45 former retail branches from Finance of America Companies Inc. FoA) months after it shut down its forward mortgage segment.

Retail 448

Retail Mortgage Lending Renovations 448

Housing Wire

NOVEMBER 21, 2023

In March, the company struck a deal to acquire Homebridge Financial Services ‘s retail division to grow its retail lending business footprint. Its portfolio includes construction to perm, renovation financing, builder programs and home equity line of credits , among others.

Loan Officers 448

Loan Officers Retail Lending Renovations 448

Housing Wire

FEBRUARY 4, 2022

After months of growth, the construction sector lost 5,000 jobs in January from December, due to the loss of 9,500 jobs in heavy and civil engineering construction. As a whole, the construction sector is still 85,000 jobs below its February 2020 level. Residential building construction employment is up 5.3%

Supply Chain 435

Supply Chain Construction Inventory Retail 435

Housing Wire

JUNE 1, 2023

Connecticut-based lender and servicer Planet Home Lending has acquired the assets of Illinois-based retail lender Platinum Home Mortgage Corporation. We look to acquire right-sized, financially solid distributed retail companies.” The financial terms of the transaction have not been disclosed.

Retail 418

Retail Mortgage Lending Renovations 418

Housing Wire

FEBRUARY 14, 2024

is expected to expand the retail lender’s presence in Western states and also bring in expertise with builder products, Guild CEO Terry Schmidt said in an exclusive interview with HousingWire. The acquisition of Academy’s retail assets is scheduled to close by the end of February. Guild Mortgage ’s acquisition of Academy Mortgage Corp.

Retail 448

Retail Mortgage Loan Officers Construction 448

Housing Wire

JANUARY 8, 2021

Due to massive losses in the servicing sector outnumbering professional and construction job gains, the raw number of nonfarm payroll employment fell by 140,000 – the first decline since April of last year. More workers in the sector should support the faster pace of housing construction the market needs,” Fratantoni said.

Construction 468

Construction Retail Law Inventory 468

Housing Wire

AUGUST 31, 2023

Mars Bank — an independent community bank in Pennsylvania — offers mortgage lending, retail and commercial banking in six locations throughout the state. In its mortgage division, the bank offers construction, purchase loans, home equity loans as well as HELOCs in addition to providing consumer loans, wealth management and merchant services.

Retail 418

Retail Lending Construction Technology 418

Housing Wire

MAY 24, 2024

Prior to joining Movement Mortgage, Thompson served as the senior vice president and regional sales manager at PrimeLending , where he oversaw $1 billion in annual retail volume across the Texas markets of Houston, Austin, San Antonio and Laredo. I align perfectly with Movement’s core conviction of existing to love and value people.”

Mortgage 448

Mortgage Renovations Loan Officers Retail 448

Housing Wire

MAY 2, 2024

But according to him, the firm has invested in new construction, land, and condominiums in a challenging mortgage market. In February, it announced the hiring of James Hecht , former head of production and executive vice president for national retail lending at Newrez , as its CEO. OneTrust has had some recent leadership changes.

Loan Officers 448

Loan Officers Mortgage Retail Lending 448

Housing Wire

FEBRUARY 5, 2024

Before joining OneTrust Home Loans, Hecht served as head of production and executive vice president for national retail lending at Newrez , formerly known as Caliber Home Loans.

Lending 448

Lending Retail Construction Tools 448

Appraisal Buzz

FEBRUARY 11, 2025

He is the CEO and Founder of Bluebird Lending, a national private lender servicing real estate developers and investors with an array of loan products to acquire, construct, and refinance residential and multifamily properties. Michael Gevurtz is an entrepreneur and investor in the real estate and finance industries.

Real Estate 269

Real Estate Finance Development Investing 269

Appraisal Buzz

OCTOBER 8, 2021

Sectors that saw the greatest job gains in September included leisure and hospitality, professional/business services, retail, and transportation/warehousing. The construction sector, however, only added 22,000 jobs in September and has shown little net change thus far this year, the BLS notes. Employment in construction was 201,000.

Construction 195

Construction Transportation Retail Business 195

Housing Wire

JANUARY 10, 2024

Rapidly expanding Cleveland, Ohio-based CrossCountry Mortgage (CCM) has struck a deal to acquire the smaller retail mortgage lender AmCap Home Loans and bolster its operations in Texas. Leonhardt claims CCM is number one in seven of the top 10 states in distributed retail. He said that AmCap helps mainly with the Houston market.

Retail 435

Retail Mortgage Loan Officers Training 435

Housing Wire

JANUARY 19, 2023

High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

Inventory 448

Inventory Housing Market Marketing Construction 448

Housing Wire

JANUARY 31, 2023

Almost three months after Finance of America Mortgage shut down, Reich brought over 21 retail branches to form his own retail division at Go Mortgage. To do so, they plan on capitalizing on single close construction loans in addition to the conventional, government, and jumbo loans. “We In-house is key.

Mortgage 418

Mortgage Loan Officers Retail Finance 418

Housing Wire

SEPTEMBER 2, 2022

Construction gained 16,000 jobs in August, with residential building gaining 2,300 jobs and residential specialty trade contractors gaining 8,600 jobs. Heavy and civil engineering construction, meanwhile, lost 2,000 jobs. “The increase in the unemployment rate largely reflects more workers entering the workforce.”.

Real Estate 448

Real Estate Construction Retail Housing Market 448

Housing Wire

JUNE 6, 2023

Cleveland – Demand for residential construction and real estate has stabilized in this District, and contacts attribute this stabilization to the arrival of spring and flattening interest rates. Chicago – Residential construction activity has been down modestly in this District.

Real Estate 459

Real Estate Inventory Construction New Listings 459

Housing Wire

AUGUST 28, 2023

Retail lender Guild Mortgage announced Monday the acquisition of First Centennial Mortgage, a privately-held Illinois-based lender with 15 branches predominantly in the Midwest and a presence in 17 states. The terms of the deal were not disclosed. The company had 227 active loan officers and originated $830 million in the last 12 months.

Mortgage 370

Mortgage Retail Loan Officers Construction 370

Housing Wire

MARCH 12, 2024

Lenders can also define workflows and business rules for any mortgage product, including construction loans, manufactured home loans, home equity loans and bridge loans.

Technology 448

Technology Retail Lending Design 448

Appraisal Buzz

AUGUST 22, 2024

Office spaces and retail properties, though facing challenges from shifts in work patterns and consumer behavior, are seeing selective investment, especially in regions with robust economic activity. Meanwhile, under-construction office space totaled 73.8 million square feet nationwide, representing 1.1% of existing stock.

Investing 435

Investing Retail Construction Tools 435

Housing Wire

OCTOBER 4, 2024

Retail sales, housing starts, industrial production, jobless claims and now the Jobs Friday report came in as a beat of estimates. Employment continued to trend up in food services and drinking places, health care, government, social assistance, and construction. Since the Federal Reserve cut rates by 0.50% on Sept. percent, the U.S.

Mortgage 493

Mortgage Construction Retail Government 493

Housing Wire

JANUARY 7, 2022

Construction jobs came in positive but we still have a fairly high level of construction job openings currently. The lack of construction productivity over the decades has been one reason why I have never believed in a housing construction boom in America. Here is a look at the job gains and losses reported today.

Mortgage 533

Mortgage Construction Retail Marketing 533

Housing Wire

DECEMBER 22, 2020

Retail lender Movement Mortgage has invested $200 million to expand its nonprofit Movement Foundation , and to accelerate the development of its growing charter school network. The investment will also aide in the development of adjacent affordable housing and health clinics in Central America, the company said in a statement this week.

Investing 418

Investing Mortgage Development Retail 418

Housing Wire

JULY 19, 2023

Go Mortgage, licensed in 44 states, originates in both the retail and wholesale channels. In the wholesale channel, the Ohio lender is predominantly construction-oriented — filling the niche with mortgage brokers who are trying to provide construction lending solutions.

Mortgage 370

Mortgage Marketing Retail Construction 370