Pacific Union Financial, LLC, announced the addition of two new sales executives to their wholesale and correspondent lending teams.
Read More »Unemployment Rate Down to 7.5% as Payrolls Increase by 165K
The economy added 165,000 jobs in April, and the unemployment rate dropped to 7.5.percent, its lowest level since December 2008, the Bureau of Labor Statistics (BLS) reported Friday. Economists had forecast payrolls would grow by 153,000, and that the unemployment rate would remain at 7.6 percent.
Read More »Mortgage Rates Approach Record Lows
Rates fell all around in Freddie Mac's Primary Mortgage Market Survey for the week ending May 2.
Read More »ALTA Breaks Membership Records
The American Land Title Association (ALTA), the national trade association of the land title insurance industry, announced it has achieved all-time record membership for the fourth consecutive year.
Read More »Texas Market Picks Up Pace in Q1
Texas' real estate market experienced a healthy first quarter, picking up right where 2012 left off, the Texas Association of Realtors revealed in its latest Quarterly Housing Report.
Read More »AREAA Global Summit Points to Momentum in U.S., Global Markets
The Asian Real Estate Association of America (AREAA) wrapped up its annual Global Summit this week with greater confidence in the U.S. housing market and in opportunities to facilitate global real estate business.
Read More »Are Housing Headwinds Actually a Blessing?
Gains in home prices over the last year haven't provided enough lift to offset the headwinds holding the recovery down, but that might not be such a bad thing.
Read More »Philadelphia Developer Launches Home Tour Video Site
A Philadephia-based real estate developer and mortgage lender announced the launch of what he hopes will become "the YouTube for homebuyers."
Read More »Initial Jobless Claims Drop to 5-Year Low
First-time claims for unemployment insurance for the week ending April 27 dropped 18,000 to 324,000, the lowest level in more than five years, the Labor Department reported Thursday. Economists expected claims to increase to 354,000 initial claims. Initial jobless claims for the week ending April 20 were revised up to 344,000 from the originally reported 342,000.
Read More »Servicing Veteran Steps into COO Position at ZVN
ZVN Properties, Inc., operating out of Ohio, welcomed David Dolan as COO. With nearly three decades of experience in all facets of banking, lending, and mortgage field servicing, Dolan has worked to transform both private and publicly held businesses through his leadership, industry knowledge, and consumer insight.
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