The Federal Trade Commission (FTC) announced on Tuesday a decision to ban noncompetes nationwide, aiming to stop the practice of preventing a worker from immediately joining a rival company.The rule is designed to “[protect] the fundamental freedom of workers to change jobs, increasing innovation, a

New home sales have been one of the brighter housing stories since the home sales crash in 2022 — as we can see in the chart below, new home sales have been able to grow since then. This is one reason why the homebuilder stocks have done so well since November of 2022. The mistake some people made h

On Tuesday at The Gathering by HousingWire in Scottsdale, Arizona, Guild Mortgage CEO Terry Schmidt sat down with HousingWire editor in chief Sarah Wheeler to talk about the principles guiding much of the lender’s actions in recruiting, mergers and acquisitions (M&A) and overall business outlook.Bui

New York-based multichannel lender US Mortgage Corporation previously announced that it was renewing its efforts in the reverse mortgage industry, having hired industry veteran Ken Krajewski to serve as managing director and head of reverse mortgage lending.To go deeper into the company’s renewed ef