The Federal Home Loan Bank (FHLBank) of San Francisco, one of the 11 regionally based, wholesale suppliers of lendable funds to financial institutions, announced on Wednesday that it has appointed former Ginnie Mae President Alanna McCargo to serve as its new CEO effective June 10.McCargo was the fi

Redfin showcased pockets of growth in the first quarter of 2024 despite challenging housing market conditions. The brokerage posted revenue of $225.5 million, an increase of 5% compared to the first quarter of 2023. But it also reported a net loss of $66.8 million, up from a net loss of $60.8 millio

Las Vegas-based housing technology startup BOXABL on Tuesday announced that it has received approval to begin selling a factory-built accessory dwelling unit (ADU) in California, which could provide more options in a state strapped for affordable housing options.The company’s “Casita” product is a 3

loanDepot delivered another financial loss in the first quarter of 2024, during which the mortgage lender dealt with the impacts of a cyberattack that brought down its systems.  The California-based lender recorded a non-GAAP adjusted net loss of $38 million from January to March, compared to a $26.