Maleesa Smith

Maleesa Smith

Maleesa Smith is the online editor at HousingWire. Smith has a degree in journalism with a concentration in news-editorial from Baylor University. She previously wrote for Southlake Style and Star Local Media.

ARTICLES

  • Southwest sees fastest single-family rent increase

    Phoenix was the top city for rent growth
    Last month, we reported that Phoenix led the nation in multifamily rent growth. Now, according to a recent report from CoreLogic, single-family homes are following suit as rent prices are increasing the fastest in the Southwest. Phoenix had the highest year-over-year rent growth for the seventh consecutive month this June, with an increase of 7.1%.
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  • New York Fed names Lacey Dingman as chief human resources officer

    Dingman formerly worked with FRB, SEC
    On September 16, Lacey Dingman will join the Federal Reserve Bank of New York as executive vice president, head of the human resources group and chief human resources officer. Formerly a senior leader at the Securities and Exchange Commission and most recently a senior associate director at the Federal Reserve Board, Dingman brings more than 20 years of experience in the public sector to the role. 
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  • Gateway First Bank names Jeff Schmidt chief mortgage operations officer

    Announcement comes only a few months after merger with Farmers Exchange Bank
    Only a few months after merging with Farmers Exchange Bank, Gateway First Bank has appointed Jeff Schmidt as its chief mortgage operations officer. In this new role, he will manage underwriting, appraisal, closing and funding, post-closing and construction lending departments. Schmidt will also be working to expand of Gateway’s mortgage call centers based in Dallas and Frisco, Texas. 
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  • CPC brings on Jaime Tuozzolo to serve as VP, mortgage officer 

    Tuozzolo comes to company with 20 years of real estate finance experience
    Community Preservation Corp., a nonprofit affordable housing and community revitalization finance company, announced the hire of real estate finance veteran Jaime Tuozzolo. In her new role as vice president and mortgage officer, Tuozzolo will be responsible for sourcing and originating business in the region across all loan products, as well as monitoring projects through construction and conversion.
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  • Urban Institute: Gap slowly closing for Hispanic homeownership

    The rate of Hispanic homeownership is up, but a gap persists
    A recent study by Urban Institute shows that only two U.S. cities have successfully closed the gap between Hispanic and non-Hispanic white ownership. In order to analyze the disparity, Urban Institute studied the 100 U.S. cities with the largest number of Hispanic households. Here's what they found.
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  • Multifamily developers struggle to keep up with Austin's booming job market

    Rent growth expected to rise again
    In March, Austin’s employment growth rate climbed to 2.5%, far above the nation’s average of 1.6%. With Apple and Amazon both announcing further job expansions within Austin, there doesn’t seem to be an end in sight with regard to job growth. In the midst of it all, rent growth rose at a 3.7% rate through April. 
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  • These states have the largest number of environmentally friendly homes

    California ranks No. 1 for most LEED-certified homes
    According to a report by the U.S. Green Building Council, the number of LEED, or Leadership in Energy and Environmental Design, certified homes has increased by 19% since 2017. USGBC's report stated that there are more than 400,000 single-family, multifamily and affordable housing units that are LEED certified. 
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  • David Applegate to step down as CEO of Common Securitization Solutions

    News follows the June launch of Uniform Mortgage-Backed Security
    In 2013, Freddie Mac and Fannie Mae established Common Securitization Solutions to design and implement the single GSE bond through the Common Securitization Platform. David Applegate was appointed CEO at the jointly owned company’s launch. But on Thursday, Fannie and Freddie announced that he is stepping down. 
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  • Rental vacancies fall to historic low as home sales slow

    Despite the demand, Capital Economics predicts slowdown in multifamily development
    According to a recent report from Capital Economics, the slowdown in home sales is feeding the rental demand. The amount of rental households nationwide rose to 600,000 in the second quarter of 2019, according to the Census Bureau, and accounted for the largest gain in three years. Even with the increase, rental vacancies have stayed low, Capital Economics reports. 
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