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Thrive Mortgage to acquire American Mortgage Service Company September 23, 2022

The acquisition will strengthen Thrive’s retail channel and bring with it new territories amidst arguably the most challenging mortgage market since the early 1980s. The post Thrive Mortgage to acquire American Mortgage Service Company appeared first on HousingWire.

Flávia Furlan Nunes

LOs, senior managers among the 300+ cut in latest Caliber layoff September 23, 2022

Layoff on Sept. 20 affected loan officers, operations and senior management positions at Caliber, multiple sources told HousingWire. The post LOs, senior managers among the 300+ cut in latest Caliber layoff appeared first on HousingWire.

Connie Kim

Opinion: CRA doesn’t work for banks or IMBs September 23, 2022

An honest assessment of CRA is that it has not been effective when it comes to bank mortgage lending. So why would we extend it to IMBs? The post Opinion: CRA doesn’t work for banks or IMBs appeared first on HousingWire.

Sarah Wheeler

Opinion: Don’t blame SFR companies for lack of inventory September 23, 2022

The age-old laws of supply and demand are driving home-price growth, not the purchase activities of large SFR companies. The post Opinion: Don’t blame SFR companies for lack of inventory appeared first on HousingWire.

Sarah Wheeler

Latest S&P Global PMI results signal lingering inflation September 23, 2022

The latest S&P Global U.S. purchasing managers index (PMI) numbers are out this morning, Sept. 23, and the results are mixed at best — indicating that inflation is abating some but is far from tamed. The post Latest S&P Global PMI results signal lingering inflation appeared first on HousingWire.

Bill Conroy

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