A securities lawsuit is testing how clearly Millrose Properties told investors it could move beyond land banking into owning completed rental homes. The company, spun out of Lennar in February 2025, faces a proposed shareholder class action after allegations that it...
Mortgage applications fell another 2.7% last week as higher borrowing costs continued to squeeze homebuyers and borrowers seeking to refinance, according to the Mortgage Bankers Association’s October 14 survey. Adjustable-rate loans accounted for 10.5% of...
Federal Reserve Vice Chair for Supervision Michelle Bowman said Wednesday that policymakers need not rush into another interest-rate increase following September’s move, adding a note of caution to a debate that has become increasingly important for mortgage...
Mortgage lenders looking for outside help with cybersecurity incidents now have a new option through the Mortgage Bankers Association, which has arranged preferred access to services from FTI Consulting for its members. The association announced the arrangement...
Mogul, a platform that allows investors to buy fractional interests in rental properties, said it has closed a $15.5 million Series A financing led by Draper Associates. The Washington-based company put its valuation at $126 million and said it will use the money to...