CHLA appoints new vice president

The Community Home Lenders of America (CHLA), a Washington, D.C., advocacy group representing smaller mortgage lenders, appointed Paulina McGrath to the position of vice president, it announced on Tuesday. In this role, McGrath will advocate for independent mortgage banks (IMBs) nationwide and will
Read MoreHUD awards $30M to fight Fair Housing Act violations

The U.S. Department of Housing and Urban Development (HUD) on Tuesday announced that it awarded $30 million in grants to fair housing organizations across the nation, which will go to “support the efforts of national, state, and local fair housing entities working to address violations of the Fair H
Read MoreMajority of older homeowners plan to stay in their home as they age: Redfin

Older Americans who own their home are financially incentivized to stay put, which is likely to worsen the ongoing inventory shortage, two Redfin studies found. In one recent survey, Redfin found that over three-quarters (78%) of older American homeowners (ages 60 and up) are planning to stay in the
Read MoreHighlands Residential Mortgage adds top Texas producer

Josh Moody, a mortgage industry veteran with more than 20 years of experience and nearly $2 billion in career sales volume, recently joined Highlands Residential Mortgage. Based in Addison, Texas, Moody most recently worked for Synergy One Lending, where he posted nearly $77 million in production vo
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