A turning point for the mortgage industry: industry efforts to build trust with the next generation

In 2020, I began to track a steady decline in consumer confidence in the mortgage industry. Five years later, that decline has reached a clear low point. Only 20 percent of millennials and Generation Z say they trust mortgage professionals to help them make informed decisions. The knowledge gap remains significant, but in an age […]

Housing affordability in Twin Cities varies under zoning and rent control

Nick Erickson, senior director of housing policy for Housing First Minnesota and director of the Housing Affordability InstituteAccording to the affordability figures since 2020, a sharp distinction has been made between the cities. “There’s a great one report that (the Pew research Center) that was published a year or two ago, showing that reforms in […]

New managers appointed at @properties Christie’s International Real Estate

The first is Paul Blackburn, who was named Executive Vice President of Agent Development and Culture. In this role, Blackburn will oversee @properties’ coaching and training programs, direct agent training on new technologies and lead the company’s business development initiatives for agents in all markets. Most recently, he served as vice president of brokerage services […]

OCC proposes simplified CRA plans for community banks

“Community banks are important drivers of economic growth and need a tailored, proportionate supervisory framework that reflects their critical role in local economies,” Comptroller of the Currency Jonathan V. Gould said in a statement. “By definition, community banks are focused on meeting the financial needs of their communities. Today’s proposal for a simplified CRA strategic […]