Single-family home prices rose recorded a 4.5% year-over-year in September, the largest annual gain since February, according to new data from CoreLogic. The Northeast led the country with the strongest appreciation level, with Maine experiencing a 10.1% annual...
Greystar Real Estate Partners LLC, a real estate firm focused on the investment, development, and management, has broken ground on City North Residential Phase II in Phoenix. The seven-story City North Residential Phase II will add 348 residences to the 272 that are...
Irvine, California-based loanDepot Inc. (NYSE: LDI) has promoted David Smith to the newly created role of Vice President of National VA Lending. Smith, a former sergeant in the U.S. Army, will be responsible for the company’s national VA lending strategy and will lead...
Simplify Asset Management, a New York City-headquartered provider of exchange-traded funds (ETFs), has launched the Simplify MBS ETF (MTBA) fund. MTBA invests in mortgage-backed securities (MBS) issued in 2023. MTBA will initially invest in the Federal National...
The co-working flex space provider WeWork Inc. (NYSE: WE) filed for chapter 11 protection in the U.S. Bankruptcy Court in New Jersey. Founded in 2010, WeWork was valued at $47 billion during its peak operating years. However, the company had a history of financial...
The Columbus, Ohio-headquartered mortgage fintech Lower has recruited Amir Syed as chief growth officer. In this new position, Syed will organize Lower’s multi-channel strategy to drive exponential market share while elevating existing production through...