Sat.Sep 24, 2022

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LOs, senior managers among the 300+ cut in latest Caliber layoff

Housing Wire

Caliber Home Loans , owned by publicly-traded Rithm Capital , issued pink slips to at least 300 employees earlier this week as soaring mortgage rates thin out already-declining origination volume. The lender has made at least four rounds of layoffs this year, multiple sources told HousingWire. An internal document viewed by HousingWire details which jobs were eliminated as part of the reduction in force on Tuesday.

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The Fed Basically Admitted It. They Want a Housing Correction

BiggerPockets

This week, the Federal Reserve hiked the federal funds interest rate 75 basis points, which was widely expected. But there is more to Fed meetings than the headline rate hikes, […].

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Erin Flood Named Lamacchia Realty Employee of the Month – August 2022

Lamacchia Realty

Behind the incredible REALTORS® of Lamacchia Realty is a team of over 75 staff members that work tirelessly to support, propel, and operate the independently owned brokerage. Each and every staff member plays an integral role in the continued success of the quickly growing company. Lamacchia Realty views its staff members in the highest regard, fostering the values the full service, value-based brokerage prides itself on.

Realty 68
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Rookie Reply: How to Buy Rentals Once You’ve Run Out of Cash

BiggerPockets

This week’s question comes from Jerry through Ashley’s Instagram direct messages. Jerry is asking: I’ve finally made the plunge and bought three investment properties. After I rehab, rent, and refinance […].