Figure hires Ronald Chillemi as its first chief legal officer

Figure Technology Solutions, the parent company of Figure Lending LLC, announced on Wednesday the hiring of Ronald Chillemi as its first chief legal officer and corporate secretary. Chillemi has more than 25 years of experience in regulatory affairs, government relations and compliance across a numb
Read MorePretium Partners adds two execs to strengthen homebuilder finance efforts

New York City-headquartered investment firm Pretium Partners announced Wednesday that it has hired two new managing directors as its seeks to bolster its real estate debt strategy.The firm hired Brendan Bosman, a former senior managing director and head of U.S. housing investing at Minneapolis-based
Read MoreMortgage affordability improves in August, boosting refi incentive: ICE

Declining mortgage rates in August provided some relief for U.S. homebuyers and made it the most affordable month since February. Of the 2.5 million “in-the-money“ mortgage holders as of Aug. 22, more than 60% took out their mortgages in the past two years, including 850,000 in 2023 and 560,000 this
Read MoreSingle-family construction permits jump significantly: NAHB

Mortgage rates remain relatively high and existing-home inventory is low as a result. That’s providing a golden opportunity for homebuilders.The National Association of Home Builders (NAHB) reported Tuesday that its Home Building Geography Index (HBGI) showed growth in the number of building permits
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