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Highlands Residential Mortgage adds Dan Carson as Dallas area manager

Housing Wire

Highlands Residential Mortgage announced that Dan Carson recently joined the company as a senior vice president and area manager of its Park Cities branch in Dallas. I love the mortgage industry and I can’t wait to share that passion and drive that comes with it to the Highlands Residential Mortgage Team.“ “We billion in volume.

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Opinion: An assessment of residential real estate and AI

Housing Wire

For the sake of simplicity, I will keep my comments restricted to residential real estate in the US. To some, any suggestion that AI is anything but liberatory is heresy. But the track record suggests that, indeed, it is simply a statement of truth.

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Banks report tightened lending standards for nearly all residential mortgages: Fed survey

Housing Wire

Banks reported having tightened lending standards across almost all categories of residential real estate loans over the fourth quarter of 2023 amid an elevated interest rate environment. banks said they saw weaker demand for all types of residential real estate loans except for government (46.2%) and subprime mortgage loans (41.6%).

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CoStar poised to acquire UK-based residential portal OnTheMarket

Housing Wire

CoStar Group , the parent company of real estate data giant CoStar , has made an offer to acquire OnThe Market , the third most visited residential property portal in the United Kingdom. The announcement bolsters the claim that CoStar is “playing for keeps in the residential real estate market.” residential rental platform.

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Residential construction jobs slowly return

Housing Wire

Of the 10,000 construction of buildings jobs created in November, 4,100 were in the residential sector. In the specialty trade contractor jobs sector, 6,200 were in residential construction. for residential construction building, a faster pace than previous months,” Kushi said. Residential building is up approximately 5.8%

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New Residential makes another round of layoffs

Housing Wire

Lender and servicer New Residential Investment Corp. New Residential, the parent company of NewRez and Caliber Home Loans , declined to comment about the layoffs. “It Documents filed with the Securities and Exchange Commission (SEC) show that New Residential had 12,293 employees in December 2021, and 11,324 in March 2022. .

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Local Logic partners with Plunk for residential real estate data insights

Housing Wire

Local Logic partners with some of the top tech vendors in the residential real estate industry, such as Black Knight , Constellation1 , CoreLogic , Inside Real Estate , and MoxiCloud. “Plunk and Local Logic strive to fully power the residential market with the information it needs to grow exponentially.