Dovenmuehle Mortgage to lay off several hundred in Illinois

Dovenmuehle Mortgage, a mortgage sub-servicing company, has informed authorities in Illinois that it will impose a layoff affecting hundreds of employees next year. The company has decided to cut 212 jobs in its Lake Zurich site starting on Feb. 16, 2024, per a Worker Adjustment and Retraining Notif
Read MoreMortgage rates continue trending down before Christmas

Mortgage rates stayed below 7% for the second week in a row, a welcome relief after a 17-week streak of above-7% rates. This week’s dip is the largest weekly drop since November 2022.The 30-year, fixed mortgage rate averaged 6.67% for the week ending Dec. 21, according to Freddie Mac‘s Primary Mortg
Read MoreGuaranteed Rate’s Kate Amor on a bespoke tech approach

HousingWire Editor in Chief Sarah Wheeler sat down with Kathryn Amor, senior vice president and head of enterprise products at Guaranteed Rate, to talk about the intersection of product and technology.Sarah Wheeler: You joined Guaranteed Rate in January of 2023. What drew you to that role?Kathryn Am
Read MoreFirst American is the latest cybersecurity attack victim

First American is the latest real estate firm to suffer a cybersecurity incident.Sources told HousingWire the incident occurred Wednesday afternoon, with First American confirming the incident Thursday morning.In a statement on the title company’s website it notes that First American has “taken cert
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