White House nominates new FDIC chair to replace embattled Gruenberg

The White House on Thursday nominated Christy Goldsmith Romero as chair of the Federal Deposit Insurance Corp. (FDIC), putting her on track to head the U.S. bank regulator following the scandal-induced resignation of Martin Gruenberg. Goldsmith Romero, who must still be confirmed by members of the U
Read MoreU.S. home sales fall to historically low level: Redfin

Elevated mortgage rates, high home prices and a lack of for-sale listings continue to hamper U.S. home sales, with Redfin reporting Friday that sales in May 2024 dropped to one one of the lowest levels of the past decade.The annualized rate of home sales, adjusted for seasonality, fell below 408,000
Read MoreOriginators cannot afford to play the interest rate waiting game

Record-high home prices and elevated interest rates have weighed down mortgage markets. The Federal Reserve signaled its intention to maintain higher-for-longer rates, confirming that a reprieve is not on the horizon for borrowers and originators alike. Recent stagnation in refinancing loans, couple
Read MoreMaster the art of continuous learning in real estate in 5 steps

In order to successfully navigate the real estate landscape, adaptability and education are paramount for long term success. Dan Harris, President of The CE Shop, states, “Real Estate professionals will have to make continual learning part of their skill set.” To thrive amid rapid technological adva
Read More
Categories
Recent Posts










