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Keller Williams CEO Chris Czarnecki on what’s next after Stone Point investment 

In his first in-person interview since being named CEO, Czarnecki spoke with HousingWire about guiding Keller Williams through a new chapter, one marked by Stone Point Capital’s investment and a shifting residential real estate landscape.

Mortgage rates cool down as the spring housing market marches on 

Mortgage market conditions have improved slightly as the calendar is set to flip to May, but anyone expecting sub-6% rates at the start of the year will be disappointed.

Appeals court restores ban on CFPB mass layoffs 

The decision allows CFPB employees to keep their jobs for the time being despite the plan to cut the agency’s staff by 90%.

Citigroup taps into the red-hot reperforming loan market 

Citigroup’s RMBS arm in 2021 has securitized some 45,000 reperforming loans valued at $6.8 billion through five private-label offerings. And they are truly scratch-and-dent loans. HW+ Premium Content

New Residential already seeing the benefits of Caliber deal 

Powerhouse lender/servicer New Residential Investment Corp. had an impressive third quarter, with reported earnings of $177.5 million from July to September, up 136% quarter-over-quarter. HW+ Premium Content

New York expands CRA rule to nonbank lenders 

New York State on Monday approved the extension of the state Community Reinvestment Act (CRA) to non-depository lenders, a controversial rule that has received criticism as “unnecessary” and “discouraging” from the mortgage industry. HW+ Premium Content

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Updated 11 months ago