CoStar shakes up board, focuses on Homes.com profitability

Following investor pressure from hedge funds D.E. Shaw and Third Point, CoStar Group, the parent company of Homes.com, is making changes to its board of directors as it looks to put Homes.com on the path toward profitability. On Monday, the Andy Florance-led firm announced its appointment of three n
Read MoreHUD doubles down: No FHA financing for ‘unqualified aliens’

In a letter to agency stakeholders and grantees last Friday, U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner effectively doubled down on a recently-announced policy aiming to restrict Federal Housing Administration (FHA) financing to U.S. citizens and permanent resident
Read MoreLower mortgage rates are spurring housing demand
Mortgage rates recently hit a year-to-date low, coinciding with ongoing market disruptions from tariffs. The more encouraging story, however, is that the spring season is shaping up positively for the housing market. Notably, purchase applications show growth both year-to-date and year-over-year. Ad
Read MoreMortgage software firm RETR hires two executive leaders

Reston, Virginia-based mortgage software company RETR announced this week that it has hired two new senior leaders to guide the company’s growth efforts.Heidi Iverson is the company’s new vice president of growth and Anthony Savala is the new vice president of sales. Both are joining the firm effect
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