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Opendoor names Lucas Matheson president, Christy Schwartz CFO

The executive team switch-ups at iBuyer Opendoor are continuing. On Monday, the firm announced the appointments of Lucas Matheson as president and Christy Schwartz as chief financial officer.  Matheson most recently served as the CEO of Coinbase Canada. Prior to this, Matheson spent five years in a variety of operational roles at Shopify where he […]

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Homebuilder confidence ticks up but remains low

Homebuilding executives remain downbeat, citing a range of current conditions marked by buyer hesitancy, economic uncertainty, shrinking profit margins, increased use of incentives, and high costs. However, homebuilders whose primary focus is the strained entry-level buyer segment face the biggest hurdles.  The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI)’s builder confidence

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Inside Pennymac’s Texas expansion and its push for top mortgage talent

Pennymac cut the ribbon on a new facility in Carrollton, Texas, on Friday, which will become the company’s largest corporate office, eventually housing more than 1,800 employees. The move consolidates two offices in the Dallas/Fort Worth metroplex while also giving the company room to grow. Pennymac is taking full advantage of the bigger space, actively hiring

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