Former 1st Alliance executive John DiIorio

Why ex-1st Alliance exec keeps fighting after case dismissal

Former 1st Alliance executive John DiIorio won a key legal battle when the federal case against his company was dismissed last year but he still wants to demonstrate that bad faith assertions led to the charges. Processing Content Connecticut alleged licensing infractions in a case later escalated to the Consumer Financial Protection Bureau. Although that […]

Why ex-1st Alliance exec keeps fighting after case dismissal Read More »

The housing market defies expectations even with higher rates

Housing demand still showed positive year-over-year growth last week, despite the hawkish Fed, escalation of the Iran conflict, rising mortgage rates and the 10-year yield hitting yearly highs. We had year-over-year growth in our weekly pending sales, total pending sales and purchase apps. Growth has slowed down over the past few weeks as mortgage rates have

The housing market defies expectations even with higher rates Read More »

AI’s housing impact is strong — but highly localized

Artificial intelligence (AI) and broader tech investment is reshaping broad swaths of the U.S. economy, but its impact on housing is proving far from uniform. HousingWire Data updated July 25 shows a growing divide between markets where AI wealth is supporting demand and those where even strong technology growth has not translated into higher home

AI’s housing impact is strong — but highly localized Read More »