Yellen approved as Treasury Secretary in historic vote
Jan 25, 2021The U.S. Senate officially appointed Janet Yellen as Treasury Secretary on Monday, ensuring the 74-year-old will be the first woman to lead the department in its more than 230-year history.
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Zillow: Expect another record year for home sales
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Forbearances hold steady as exits slow
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Industry mourns death of PennyMac’s Stanford Kurland
Jan 26, 2021PennyMac Mortgage Investment Trust announced that company founder and Non-Executive Chairman Stanford Kurland died at age 68 due to complications from COVID-19. Kurland had also been battling brain cancer.
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Real Estate
Home prices surge to six-year high in November
Jan 26, 2021Record low inventory and strong buyer demand surged the cost of homes in the U.S 9.5% nationally in November, according to the Case-Shiller index.
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Zillow: Expect another record year for home sales
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Darwin Homes grabs $15 million in Series A funding
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COVID couldn’t stop the U.S. housing market in 2020
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2020 home sales hit highest level since 2006
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Fintech
SitusAMC acquires Assimilate Solutions
Jan 25, 2021Technology firm SitusAMC announced its acquisition of mortgage and title outsourcer Assimilate Solutions on Monday – it’s second acquisition in January.
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Darwin Homes grabs $15 million in Series A funding
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Opinion
Dave Stevens writes: My experience with [the GSEs] began in earnest in 1999 when I became the senior vice president in charge of Single Family at Freddie Mac…It was this period that framed my entire perspective of the GSEs and what made me appreciate that they are both critical to housing finance yet equally as dangerous to the same sector and the broader economy.
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In defense of the individual real estate agent Jan 19, 2021
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