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Maverix Advisory Group adds Kevin Van Eck as principal

Housing Wire

Van Eck will assume the role of principal after a 16-year tenure at @properties. Maverix Advisory Group has added industry veteran Kevin Van Eck to its leadership roster. He served in multiple positions there, most recently as president of affiliate strategy at Christies International Real Estate, which was acquired by @properties in 2021.

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How Pennymac is navigating the double-edged sword of lower rates

Housing Wire

In total, loan acquisitions and originations had an unpaid principal balance (UPB) of $31.7 At the same time, our servicing portfolio — now near $650 billion in unpaid principal balance and nearly 2.6 million in Q2 2024 and $25.2 million in Q3 2023. This was a reflection of more volume rather than higher margins. As of Sept.

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CoreLogic: Single-family rent growth drops to four-year low

Housing Wire

“Single-family annual rent growth slowed in September to the lowest rate in over four years, and monthly rent growth posted a second month of below-seasonal trend growth, making it clear that single-family rent growth is decelerating,” Molly Boesel, CoreLogic principal economist, said in a statement.

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The biggest challenge for the reverse industry in 2024? Mortgage rates

Housing Wire

We’re expanding our reach, becoming a principal agent in a lot of states, Moriello said. We’re so excited to be able to be a principal agent now nationally, but it has been a long road for us to get there, because we’re very careful about the way we do things. So for us, that has been both pleasure and pain.

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Navigating movement in the mortgage industry series: Post-closing matters are important too

Housing Wire

To backstop some of those indemnification obligations, there will likely be an indemnification escrow agreement.

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Announcing the 2025 Finance Leaders

Housing Wire

Name Job Title Company Name Alejandro Franco Vice President of Finance and Controller Cairn Real Estate Holdings Allyson Jackson Executive Vice President Finance and Treasury Planet Home Lending Amit Arora Chief Investment Officer Opendoor Andrey Gunin Chief Financial Officer A&D Mortgage Bill Warden Chief Financial Officer Dark Matter Brandon (..)

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Report suggests HUD is considering use of cryptocurrency, agency denies any plans

Housing Wire

The report also states that the idea is being championed by Irving Dennis, HUDs new chief financial officer and principal deputy. Dennis, the agencys new principal deputy chief financial officer, is a former partner at the global consulting giant EY , also commonly known by its original name, Ernst & Young , the report said.