Archwest Capital has closed a $300 million securitization backed by residential transition loans, its third rated RTL transaction in less than 12 months and a deal that brings aggregate issuance under the program to $875 million. The Irvine, California-based private...
Compass CEO Robert Reffkin has escalated the brokerage’s fight with multiple listing services, saying MLS organizations that continue to penalize agents for publicly marketing office-exclusive listings could face antitrust lawsuits beginning in mid-October. Reffkin...
Commercial and multifamily mortgage debt outstanding reached a record $5.1 trillion in the second quarter, as borrowing activity and capital availability expanded across the major sources of commercial real estate finance. Outstanding debt increased by $42.9 billion,...
Mortgage demand weakened again as borrowing costs climbed to their highest level in almost three years, adding fresh pressure to an already rate-sensitive housing market. Total mortgage application volume fell 6% on a seasonally adjusted basis in the week ending Sept....
Peoples Bancorp has agreed to acquire Capital Bancorp in an all-stock transaction valued at approximately $728.1 million, a deal that would push the Ohio-based bank well beyond $10 billion in assets and bring a nationwide residential mortgage operation into its...
North Carolina Faces Tornado Threat, Flooding as Isaias Moves Through State
Long Beach Red-Tags Eight Buildings as Storm Surf Damages Waterfront Homes
