The chief economist of Fannie Mae expects to hang up the cleats this year. Doug Duncan, who’s been the chief economist at the government-sponsored enterprise since 2008, will be retiring effective Sept. 22, according to Rob Chrisman, who first reported the news on his blog Tuesday morning. Mark Palim, the company’s deputy chief economist, will…
"September 3, 2024" Archives
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With the calendar shifting to September and the next meeting of Federal Reserve policymakers only two weeks out, mortgage rates continue to recede and evidence suggests that borrowers are reacting to more favorable housing market conditions. At HousingWire‘s Mortgage Rates Center on Tuesday, the 30-year rate for conforming loans averaged 6.60%, down from 6.64% one…
Home equity fintech Unlock Technologies has landed a Series B funding round that includes a $30 million investment by D2 Asset Management. D2 also pledged a $250 million capital commitment to Unlock to support originations. Also participating in the Series B round were Saluda Grade, Second Century Ventures and REACH, the venture and tech subsidiary of…
HousingWire is excited to announce the winners of the annual Vanguards award, marking the 10th year of recognizing executives in the housing economy for their outstanding leadership. This year, 100 honorees have been selected for this prestigious award. “The 2024 HousingWire Vanguards represent the pinnacle of leadership in our industry, driving transformative growth within their…