loanDepot Inc. (NYSE: LDI) is teaming with the homebuilder Onx Homes on a new joint venture to provide financing for new homebuyers in Florida and Texas. The venture, named Onx X+ Mortgage, will be headquartered in Georgetown, Texas. In a statement, the companies said...
The Federal Deposit Insurance Corporation (FDIC) has done an about-face on how banks can engage with cryptocurrency-related activities. In a statement released today, Acting FDIC Chairman Travis Hill stated the regulatory agency was “actively reevaluating our...
The US Senate has confirmed Scott Turner as Secretary of the Department of Housing and Urban Development (HUD) in a 55-44 vote. The Senate vote was nearly entirely along party lines with all Republicans and two Democrats – Sens. John Fetterman (D-PA) and Peter Welch...
The Austin Board of Realtors’ Unlock MLS is planning to make its multiple listing service available to real estate professionals who do not have membership in a realtor association. “We’re all about providing you with maximum flexibility to run your business your...
The discount retail chain Bargain Hunt has launched Going-Out-of-Business sales at all 92 locations across 10 states following its bankruptcy filing. The sales are being managed by Hilco Consumer – Retail in a joint venture with Gordon Brothers. All the merchandise in...
Mortgage application activity was on the rise in the latest data from the Mortgage Bankers Association (MBA) for the week ending Jan. 31. The Market Composite Index, the MBA’s measure of mortgage loan application volume, inched up 2.2% on a seasonally adjusted basis...
Hits and Misses for the Real Estate Week of Aug. 31-Sept. 4
