The morning after the midterms, campaign promises meet mortgage payments, construction costs and the limits of political power. The morning after an election, some Americans feel relieved. Others are convinced the country has made a terrible mistake. Close races can...
Claros Mortgage Trust reported another quarterly loss Tuesday as a substantial portion of its commercial mortgage portfolio remained under credit stress, even while the lender continued selling loans and reducing debt.The New York-based mortgage REIT recorded a $14.3...
Redwood Trust announced a major change to its business model Tuesday afternoon, saying its board unanimously approved a plan to give up the company’s real estate investment trust tax election and operate as a taxable C-corporation in 2027. The mortgage finance...
U.S. single-family home prices declined 0.3% from August to September, according to Cotality’s Home Price Index released Tuesday, November 3. Annual appreciation was just 1.7%, and the property-data company expects prices to rise only 0.9% in the 12 months...
Angel Oak Mortgage REIT reported a $16.7 million net loss for the third quarter of 2026, reflecting the pressure that higher interest rates and changing mortgage-asset valuations are placing on nonqualified mortgage investors.The Atlanta-based real estate finance...