Mortgage application activity continued to wither as inquiries for purchase loans evaporated to a level not seen in nearly three decades, according to the latest data from the Mortgage Bankers Association (MBA) tracking the week ending Aug. 18. The Market Composite...
The U.S. foreclosure inventory in July descended to its lowest level in 15 months, according to new data from Black Knight Inc. (NYSE:BKI). The total U.S. loan delinquency rate last month was 3.21%, up 9 basis points from the previous month but down 12 basis points...
The Federal Home Loan Bank of New York (FHLBNY) has awarded $41.98 million in subsidies to fund 42 affordable housing initiatives. The projects being funded are located in New York, New Jersey, Connecticut, Pennsylvania, Florida, Texas, California, Puerto Rico and the...
CAF Capital Partners, a Dallas-based private equity real estate firm, has hired Jason Geer as senior vice president of acquisitions. In his new job, Geer will center on driving the company’s expansion efforts in the Southeastern region. His focus will be directed...
The law firm Seward & Kissel LLP announced Sean Thorsen has joined its New York City office as a counsel in the real estate group. Throughout his 15-year career, Thorsen has advised financial institutions, private lenders, and borrowers on commercial real estate...
Nomura Securities International (NSI), the U.S.-based broker-dealer subsidiary of Japan’s Nomura Holdings (NYSE:NMR), has reached a $35 million settlement with the U.S. Department of Justice relating to its fraudulent trading of residential mortgage-backed securities...
Atlantic Home Mortgage Debuts Lendtrain, a Refinance-Focused Platform
