Guild Mortgage CEO talks acquisitions, AI and company growth

Guild Mortgage CEO talks acquisitions, AI and company growth

In this week’s episode of the Power House podcast, HousingWire President Diego Sanchez sits down with Terry Schmidt, CEO of San Diego-based Guild Mortgage, to discuss the company’s recent acquisitions, reverse mortgages... Read more »
Commentary: Homes are out of reach in L.A. County’s middle-class towns

Commentary: Homes are out of reach in L.A. County’s middle-class towns

Everyone wanted to come to California — that was the generational backdrop of my parents and grandparents. Then, in the 1950s, housing was so abundant that a family of rural Norwegian immigrants... Read more »
Just Listed Black Rock Ridge Townhome outside Park City, UT

Just Listed Black Rock Ridge Townhome outside Park City, UT

Luxury Black Rock Ridge Townhome with Prime Location and Stunning Ski Run Views – Located at 933 W White Cloud Trail in Kamas, Utah, 84032. 3 Bedrooms | 4 Bathrooms | 2,142... Read more »
Renters Feel Less Connected To Their Neighbors Than Homeowners: Redfin

Renters Feel Less Connected To Their Neighbors Than Homeowners: Redfin

Renters are more likely than homeowners to feel disconnected from their neighbors, according to a Redfin-commissioned survey of 894 renters and 805 homeowners aged 18 to 65. Whether it’s refining your business... Read more »
JV of Leyad, Capstone Acquires Hell’s Kitchen Hotel at 5K Per Key

JV of Leyad, Capstone Acquires Hell’s Kitchen Hotel at $275K Per Key

Leyad, a real estate investment firm based in Canada, has acquired the Ink48 Hotel in Midtown Manhattan’s Hell’s Kitchen neighborhood in a 50/50 joint venture with locally based private equity firm Capstone Equities.... Read more »
JV of Leyad, Capstone Acquires Hell’s Kitchen Hotel at 5K Per Key

Burbank MOB with Stable Tenant Roster Goes to Private Buyer

CBRE arranged the $16.05-million sale of a 47,708-square-foot outpatient medical office building in Burbank to a private investor. Located at 500 E. Olive Ave., the eight-story property was 90% occupied at the time... Read more »
JV of Leyad, Capstone Acquires Hell’s Kitchen Hotel at 5K Per Key

CIM Group Acquires District La Brea Collection

CIM Group has acquired District La Brea, a collection of adjacent buildings with high-visibility retail storefronts and commercial space along La Brea Avenue in Los Angeles. Terms of the acquisition were not disclosed. The... Read more »
Veterans United calls for 2025 housing market recovery

Veterans United calls for 2025 housing market recovery

Some housing professionals believe the market could normalize in 2025 after years of changes. Veterans United Home Loans — the nation’s largest producer of U.S. Department of Veterans Affairs (VA) loans —... Read more »
Fathom Realty hires Andrew Shock as VP of operations

Fathom Realty hires Andrew Shock as VP of operations

Fathom Realty, a subsidiary of Fathom Holdings Inc., has appointed a new vice president of operations. Andrew Shock, who has more 20 years of experience in the residential brokerage industry, takes on... Read more »
Lenders must address repurchase risk before they go bust

Lenders must address repurchase risk before they go bust

While buyback volumes remain well below their 2022 peak, they are still elevated compared to pre-pandemic levels. The added cost pours salt in the wound for credit unions, banks, and independent mortgage... Read more »