Redefy attracts new private investment, gears for future growth

In the first fundraising round since Chris Rediger was named CEO, Redefy garnered a new equity partner that drove its valuation up to $25 million. As a result of his investment in the company, James Albertelli will join Redefy’s board of directors.
Source: HousingWire Magazine

It's official: Freddie Mac CEO Don Layton stepping down

Well, it’s official. Freddie Mac announced late Wednesday that Donald Layton is planning to step down as CEO in the second half of 2019. Click the headline to read more on this quickly developing story.
Source: HousingWire Magazine

Coming soon: HousingWire’s 2018 Vanguard Awards

HousingWire takes pride in its Editors’ Choice awards programs. For the past several years, we have honored a variety of accomplished individuals and companies within the housing and mortgage finance space, including industry-changing leaders. Keep an eye out for your opportunity to nominate someone for our upcoming Vanguard Awards.
Source: HousingWire Magazine

Mortgage market wrap-up: 4 things you need to know

It may only be midweek, but there are several notable events happening in the mortgage market right now. From CoreLogic to Norcom, here’s the latest in goings-on.
Source: HousingWire Magazine

U.S. Bank announces banking industry veteran John Elmore's retirement

U.S. Bank recently announced the retirement of John Elmore, a banking industry veteran and its vice chairman of community banking and branch delivery. The bank announced it is also seeking to fill a new position created to focus on the bank’s digital strategy efforts.
Source: HousingWire Magazine

Is CEO Donald Layton leaving Freddie Mac?

Is Donald Layton preparing to leave Freddie Mac? Bloomberg is reporting that the powers that oversee the government-sponsored enterprise, the Federal Housing Finance Agency and the Department of the Treasury, are preparing for a potential exit from the CEO.
Source: HousingWire Magazine

[VIDEO] Broker Beware: Cheap prices of ‘discount lenders’ don’t tell the full story

It’s so easy for a loan officer to treat a mortgage lender’s rate sheet like gold, focusing on price (and only price) when choosing which wholesale lender to send loans to. But it can easily be a trap. Oftentimes, what looks better at first glance ends up looking less attractive once you peel back the layers of additional fees that come up throughout the closing process.
Source: HousingWire Magazine

Trump administration set to dominate U.S. housing finance

By the beginning of next year, the Trump administration is likely to become the dominant force overseeing the entire nation’s housing finance infrastructure.

And here’s how.
Source: HousingWire Magazine

When a Starbucks opens in town, home prices tend to rise

When a new Starbucks comes to town, you can expect to find a 0.5% increase in house prices in that ZIP code within a year, according to a recent study by the Harvard Business School. Apparently, Realtors and investors looking for clues about future property values can learn a latte from the presence of a new green sign in the neighborhood.
Source: HousingWire Magazine

[VIDEO] HousingWire readers, here's today's top news

HousingWire takes a look at the most prominent news across the country. Today, our coverage ranges from devastating tropical storms, landmark primary results and more national news.
Source: HousingWire Magazine