Bright MLS has joined the growing list of MLSs partnering with Compass International Holdings to provide a nationwide feed of all of its listings to MLS subscribers. The Mid-Atlantic-based MLS announced Wednesday that Compass International Holdings has committed to making its nationwide data available to Bright MLS subscribers. Additionally, Compass International Holdings has agreed to…
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Mungo Homes named homebuilding operations standout Ric Rojas as president of its newly created Mid-Atlantic region, a leadership role designed to support the company’s ongoing expansion. Rojas, who joined the company on April 27, will be based in Mungo’s Raleigh office, the builder – one of Clayton‘s site-build multi-regional operators – announced. Rojas, a Virginia…
GO Mortgage has launched a third-party origination (TPO) channel built on a new wholesale platform, the company announced Tuesday. Leading the effort is Rob Saunders, who was named executive vice president of TPO production. “We didn’t build this to compete with what’s out there,” GO Mortgage CEO Jay Promisco said in a statement. “We built…
Today, the MBA’s purchase application data showed 4% week-to-week growth and 7% year-over-year growth, even though mortgage rates are near yearly highs and inflation data has recently been rising. Over the past few years, mortgage rates would already have been over 7% with the 10-year yield at its current level because mortgage spreads were worse…