NAR Chief Economist Lawrence Yun issued the following statement on today’s announcement from the Federal Reserve: “The Fed’s half-point rate cut decision is the beginning of six to eight rounds of further... Read more »
Nonbank mortgage lender and servicer Pennymac Financial Services issued pink slips to more than 80 employees in November as it faced tough headwinds in 2023. A total of 84 staff were affected... Read more »