Fannie Mae announced October 8 that it is offering approximately $265.6 million in nonperforming mortgage loans for sale, including a smaller pool focused on the Dallas–Fort Worth market.The larger offering consists of about 1,217 deeply delinquent loans with $259.9...
Mortgage technology company Vesta announced a $30 million Series B financing led by Conversion Capital, adding capital and strategic support from lenders that are already navigating the economics of automation in loan production.Participants included Pennymac, New...
Florida’s Citizens Property Insurance Corporation has stopped agents from binding new coverage or increasing existing coverage anywhere in the state as Hurricane Isaias approaches the northern Gulf Coast. The restriction began at 11:05 a.m. Eastern on Wednesday. On...
Rentana has introduced a revenue-management feature aimed at one of multifamily development’s most sensitive stages: leasing newly delivered apartments before a property reaches stable occupancy. The Dallas-based software company announced Lease Up Mode on...
Remodeling contractors remain more upbeat about their business than new-home builders, even as expensive materials, tight labor supplies and hesitant customers make projects harder to schedule. The National Association of Home Builders reported Thursday that its...
Trump Approves Emergency Aid for 76 Georgia Counties After Hurricane Isaias
