Hillwood backs new homebuilding fund as AD&C credit tightens

The one thing that’s unambiguous right now in residential development and new construction is that the $80-to-$100 billion homebuilders throughout the U.S. draw on to site and build the new homes they plan to sell in 2026 and each year beyond is harder to get and more expensive to finance. National

FirstClose names Adam Nicholson director of professional services

FirstClose, a fintech provider of data and workflow technology for mortgage and home equity lenders, announced on Tuesday that it has appointed Adam Nicholson as director of professional services. Nicholson, who has spent more than a decade leading implementation and professional service teams in th

Kevin Hassett is the rumored lead for Fed chair position

Kevin Hassett, director of the White House National Economic Council, is the leading candidate to be the next Federal Reserve chair, advisers and allies of President Donald Trump told Bloomberg, as the deadline for a new Fed governor approaches. Trump has voiced his opposition to the current Fed lea

New home price premium hits record low

Monthly payments for new and existing homes are now nearly equal, amid a trend of stagnating prices and increased use of mortgage buydowns among builders. That was one of the main findings from Realtor.com’s Q3 New Construction Report. According to the report, buyers purchasing a new home last quart