Home prices in opportunity zones show mixed trends in Q1 2024

Median prices for homes and condominiums in federally designated opportunity zones rose in 49% of areas from fourth-quarter 2023 to first-quarter 2024, according to a report released Thursday by Attom. On a year-over-year basis, however, prices increased in nearly two-thirds of these zones. Attom an
Read MoreHUD doles out $26M to promote fair housing and combat discrimination

The U.S. Department of Housing and Urban Development (HUD) on Friday announced the availability of $26 million in funding to be distributed to state and local housing agencies to enforce fair housing practices and to combat discrimination.The money will be distributed via noncompetitive funding for
Read MoreU.S. Bank appoints new retail lending leader

U.S. Bank appointed John Hummel to lead its East market for retail home lending. Hummel, who previously led the correspondent and Housing Finance Agency (HFA) business at U.S. Bank, will now oversee a team of 750 sales managers and mortgage loan officers responsible for generating $7 billion in orig
Read MoreMovement Mortgage names Joe Thompson as regional director

Movement Mortgage, a multichannel mortgage lender, has appointed Joe Thompson as its new regional director. Thompson, recognized as a HousingWire Rising Star in 2018, will oversee more than 60 loan officers across Texas, Oklahoma and New Mexico. In his new role, Thompson will also be responsible for
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