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Rejoice! Housing affordability didn’t get worse in 2024

Affordability issues have stymied the housing market for the better part of the past decade, but it didn’t get worse in 2024. That’s the conclusion of a new report from Redfin, which said that housing affordability didn’t deteriorate further last year, the first time that’s happened in four years.  Taking the median U.S. income of…

Sherry Chris named special adviser to NAR CEO Nykia Wright

Sherry Chris may have retired from her role as president and CEO of Anywhere Expansion Brands — including the Better Homes and Gardens Real Estate (BHGRE) and ERA Real Estate brands — but that doesn’t mean she hasn’t been keeping busy. On Monday, the National Association of Realtors (NAR) announced Chris’ appointment as an independent consultant and special adviser to…

Logan Finance promotes Sarah Gonzalez to chief innovation officer

HousingWire Vanguard Sarah Gonzalez has taken on a new role at Logan Finance Corporation as chief innovation officer. Gonzalez formerly served as Logan’s chief operating officer, a position she started in February 2024. Before joining Logan, Gonzalez served as president and COO at Panorama Mortgage Group. Gonzalez has a 25-year background in operations and leadership…

CFPB sues Vanderbilt, a Berkshire Hathaway lender, over risky home loans

Vanderbilt Mortgage & Finance, part of Warren Buffett’s conglomerate Berkshire Hathaway, has been accused by the Consumer Financial Protection Bureau (CFPB) of manipulating underwriting standards and setting borrowers up to fail in manufactured home loans. The consumer watchdog on Monday filed a lawsuit in a U.S. district court in Tennessee against Vanderbilt for purported violations…

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