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...
Intercontinental Exchange has launched a loan-level evaluated-pricing service for residential whole loans, bringing its fixed-income pricing framework into a market where individual mortgages can be harder to value consistently than securitized mortgage assets. ICE...
A federal judge has blocked New York from enforcing its new restrictions on algorithmic rent-setting while RealPage presses a constitutional challenge to the law, handing the property-management software company an early victory in a case with implications for...
Park Hotels & Resorts has repaid the $1.275 billion commercial mortgage-backed securities loan secured by the Hilton Hawaiian Village Waikiki Beach Resort, removing one of the hotel REIT’s largest near-term debt maturities and leaving the flagship Hawaii property...
Lehi Apartment Community Sells for Reported $130 Million in Utah County
