When Hunt Companies acquired View Homes last fall, the unheralded October deal reflected a larger shift underway across U.S. homebuilding: capital platforms with deep balance sheets increasingly aligning with proven regional operators. Now comes the next step in that strategy. View Homes’ appointment of Natasha Gandhi as chief executive officer marks the first major leadership transition since…
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Mortgage credit availability rose by 1.1% to 107.1 in February, according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology. A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of loosening credit. The…
U.S. existing-home sales rose slightly in February, increasing 1.7% from the previous month, though activity remained lower than a year earlier, according to new data released Tuesday by the National Association of Realtors (NAR). The organization reported sales reaching a seasonally adjusted annual rate of 4.09 million in February. Compared with the same month last…
Better Home & Finance Holding Co. announced Tuesday that it’s powering the launch of Credit Karma Home Loans, an AI-driven refinance platform aimed at helping homeowners lower their mortgage payments. The platform allows eligible Credit Karma members to get preapproved in as few as five clicks and complete a refinance in as little as 10…