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NFM Lending adds high-producing South Carolina LO Phil Crescenzo Jr.

Phil Crescenzo Jr., a high-producing loan officer in South Carolina, is joining NFM Lending. The move was announced Friday on social media by NFM managing director Greg Sher. Crescenzo comes to NFM after a two-year stint as Southeast division manager for Nation One Mortgage Corp. His prior experience also includes roles as a producing branch…

Compass names Shay Artzi CTO to unify agent technology platform

With the closure of its merger with Anywhere Real Estate now in the rearview mirror, Compass International Holdings (CIH) is looking to get all 340,000 real estate professionals under its all-in-one technology platform. On Friday, the firm announced that Shay Artzi will spearhead this effort in his new role as CIH’s chief technology officer.  “Our…

Dead reckoning: nobody does the real math on affordable housing

I have been preparing testimony to support a housing supply bill before the Colorado state legislature. While reviewing the economics – specifically, trying to understand what public subsidies achieve compared to simply allowing more housing to be built – I looked for a number that should be easy to find: what is the total public…

Home equity decreases nationally to end 2025

U.S. homeowners lost some equity over the past year as home price growth slowed, though overall equity levels remain historically high. A new report from Cotality found that borrower equity declined by $78.8 billion in the fourth quarter of 2025 compared with a year earlier — a drop of about 0.5%. On average homeowners lost…