article thumbnail

Nonbank lender job cuts could shorten the market downturn

Housing Wire

Illinois-based Interfirst Mortgage , legally known as Chicago Mortgage Solutions LLC , issued pink slips to employees this month amid forecasts that housing sales are expected to slump even more next year than 2022. Since relaunching operations, Interfirst also hired teachers and first responders to be loan officers.

Marketing 332
article thumbnail

Opinion: Solutions to restore housing as an economic growth engine

Housing Wire

in 2001 to 44.8% Since 2016, legal immigration growth has declined by 40%. Since 2016, legal immigration growth has declined by 40%. Increasing the supply of legal immigrant construction workers would accelerate economic growth. Black homeownership rates have declined from 48.4%

Insurance 367