"December 11, 2024" Archives

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Blend hires Srini Venkatramani to lead product and technology growth

San Francisco-based mortgage software development company Blend Labs announced Tuesday that it’s hiring Srini Venkatramani as head of product, technology and customer operations. Venkatramani joins Blend after the company’s profitable third-quarter 2024 performance. The technology leader brings 23 years of experience, including a recent role as chief product and technology officer at PlanSource. He will…

November inflation report fuels optimism for Fed interest rate cut

The likelihood of a third Federal Reserve rate cut got higher with Wednesday’s Consumer Price Index from the U.S. Bureau of Labor Statistics, which met expectations from economists on inflation. Headline inflation in November rose 2.7% year over year and 0.3% compared to October. Core inflation — which excludes volatile food and energy costs —…

New NAR commission lawsuit, this time from home reno companies

The National Association of Realtors’ (NAR) commission lawsuit settlement agreement may have received final approval, but it looks like NAR’s commission lawsuit woes are not over. On Tuesday, two Ohio-based companies that specialize in the acquisition, renovation and management of distressed real estate properties in Northeast Ohio, Abandoned Homes Project Scattered Site I LLC and…

Sierra Pacific Mortgage hires Suzy Lindblom as COO

Sierra Pacific Mortgage has hired Suzy Lindblom as its new Chief Operating Officer, the company announced in a LinkedIn post. Lindblom confirmed the move in her own post, adding that she has been working with Sierra Pacific as a consultant for the last six months. With more than 40 years of experience in the mortgage…

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