TikTok forms US entity, easing social media marketing concerns for mortgage pros

TikTok has finalized a deal to form a new U.S. entity with investors that include Oracle, Silver Lake and Emirati firm MGX, easing the threat of a nationwide ban and allowing the social media app to continue operating for more than 200 million American users. The company said Thursday that the new T
Read MoreCalifornia housing reform faces new test as LA Metro resists transit zoning law

California has become a test lab for housing reform. The state stands as an ongoing experiment-in-process for how far lawmakers will go to legalize the development of more homes and how hard local officials and neighborhood activists will fight to stop it. The latest flashpoint struck on Thursday,
Read MoreCrossCountry Mortgage hires Sam Sharp as regional EVP in Chicago

CrossCountry Mortgage (CCM) announced Friday that it has hired Sam Sharp as regional executive vice president, expanding the lender’s presence in the Chicago market. Sharp, who brings more than 23 years of mortgage industry experience, is known in the Chicago area for a borrower-focused approach and
Read MorePost-holiday pending sales rebound exposes regional divides

The U.S. housing market is showing clear signs of a post-holiday recovery. Pending home sales climbed to 50,096 new contracts this week, a 25.7% increase from last week’s 39,841, as buyer activity rebounds from the typical holiday slowdown. The increase in buyer activity, combined with shifting mark
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