ADU options set to expand in California

Las Vegas-based housing technology startup BOXABL on Tuesday announced that it has received approval to begin selling a factory-built accessory dwelling unit (ADU) in California, which could provide more options in a state strapped for affordable housing options. The company’s “Casita” product is a
Read MoreImpacted by a cyberattack, loanDepot delivers a Q1 loss of $38M

loanDepot delivered another financial loss in the first quarter of 2024, during which the mortgage lender dealt with the impacts of a cyberattack that brought down its systems. The California-based lender recorded a non-GAAP adjusted net loss of $38 million from January to March, compared to a $26.6
Read MoreCarrington names new vice president of TPO marketing

Carrington Mortgage Services (CMS) hired Steven Winokur to serve as vice president of marketing for third-party originations (TPO), the company announced Tuesday. In this new role, Winokur will work to increase the company’s emphasis on diverse forms of nonqualified mortgage (non-QM) educational res
Read MoreAnnual home price gains reach 5.3% in March: CoreLogic

U.S. single-family home prices continued their upward trajectory in March, marking the 146th consecutive month of annualized gains, CoreLogic reported. Prices rose by 1.2% compared to February 2024 and by 5.3% compared to March 2023, according to the company’s home price index released Tuesday. Over
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