Fridman had been affiliated with Compass since 2017 and was a top producer at the firm. His departure was reportedly announced internally at the end of last week by Regional Vice President Parker Beatty.
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When asked whether loan buybacks were a more significant issue last year than now, Freddie Mac executive Sonu Mittal says emphatically, “It depends on who you ask.” Freddie Mac has seen a nearly 55% reduction in repurchase requests from its peak in the first quarter of 2023. But public filings analyzed by Inside Mortgage Finance…
Vice President Kamala Harris is the favored presidential candidate when it comes to addressing the lack of affordability in U.S. housing, while former President Donald Trump is seen as more favorable for stock market and cryptocurrency investors. This is according to the results of a recent survey conducted by Bloomberg. Less than a week from…
Lower mortgage rates in September had a measurable impact on home sales. According to data released Wednesday by the National Association of Realtors (NAR), pending home sales in September jumped 7.4% compared to August and 2.6% year over year. NAR’s index reading of 75.8 is the highest number since March. An index reading of 100…