LoanCare appoints new chief information officer

LoanCare, a ServiceLink company, recently announced Sudhir Nair joined the company as its executive vice president and chief information officer. LoanCare President Dave Worrall said given Nair's expertise, the company is confident that he will help take the business to the next level.

Loan officer explains his best tips for finding the best mortgage

CNBC's "Power Lunch" team and Diana Olick are joined by Matt Weaver, Cross Country Mortgage loan officer and vice president of sales, to discuss what home buyers best mortgage options are.

Existing home sales jump 11.8 percent in February

Bill Smead, Smead Capital Management CEO and CIO, joins 'The Exchange' to discuss why housing is staying strong despite concerns of a slowing economy.

Former CoreLogic exec named general counsel at Fannie Mae

Fannie Mae has brought on former CoreLogic exec Stergios "Terry" Theologides to serve as EVP, general counsel and corporate secretary. Theologides worked previously as CoreLogic’s SVP, general counsel and secretary, where he helped guide strategic initiatives and advised on matters related to compliance, information security and enterprise risk.

Mortgage rates are now breaking to new lower territory, and they could stay there for months

The average rate on the 30-year fixed mortgage is falling again today, as investors rush into the bond market. Mortgage rates loosely follow the yield on the 10-year Treasury. Lower rates area already igniting home buying.

Spring flooding has cost local governments $2 million so far

The state Department of Military Affairs estimates spring flooding has cost local governments nearly $2 million and damaged hundreds of homes so far.

Existing Home Sales Jumped in February

After three consecutive months of decline, existing home sales, released by the National Association of Realtors, rebounded strongly in February. This is the largest monthly gain since December 2015. Total Existing home sales, including single-family homes, townhomes, condominiums and co-ops, rose 11.8% to a seasonally adjusted annual rate of 5.51 million in February, the highest level in the past eleven... Read More ›

Home sales make record jump, proving how sensitive buyers are to mortgage rates

Sales of existing homes skyrocketed a whopping 11.8 percent in February compared with January, according to the National Association of Realtors.

Builders’ Profit Margins Continue to (Slowly) Increase

Typically, one of the best-kept secrets in a private company is the share of total revenue that stays in the company after paying all operating costs and expenses. For a number of personal, business, or strategic reasons, that number – also known as net profit margin – tends to remain the purview of owner(s) and accountants.  Despite these company-specific realities,... Read More ›