The Senate confirmed Kevin Warsh on Wednesday to succeed Jerome Powell as chairman of the Federal Reserve, sparking hopes within the mortgage industry for less volatility as Warsh takes the helm of the central bank. Warsh, President Donald Trump’s nominee to serve as the 17th Fed chair, was previously confirmed as a board member on…
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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…
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…