Rocket Mortgage, the retail home lender division of Rocket Cos. (NYSE: RKT), has introduced ONE+, a 1% down home loan program designed to expand access homeownership for low- and moderate-income households. According to the Detroit-headquartered company, the new...
PacWest Bancorp (NASDAQ:PACW) is selling a portfolio of real estate construction loans at a discounted price in an effort to strengthen its liquidity amid ongoing concerns over its viability. According to combined media reports, real estate investment company...
Newmark Group Inc. (NASDAQ: NMRK) has hired Norm Taylor as country head and president for Canada. In this newly created position, Taylor is responsible for Newmark’s day-to-day brokerage operation in Canada, including strategic direction, business development,...
New York City-based 10X Capital, an alternative asset management firm, has debuted a Residential Real Estate Income Platform that will be marketed and managed under the firm’s Tower1 brand. According to a statement from the company, 10X Capital’s new Tower1 platform...
A power couple putting their money into real estate, an entertainment industry giant stumbling badly on misbegotten real estate projects and a mortgage company offering a remarkable gift to help families in need. Looking into the wild and wooly world of real estate,...
Mortgage applications for new home purchases were up by 4.1% in April from one year ago but were down 11% from March, according to new data from the Mortgage Bankers Association (MBA). The MBA estimated that new single-family home sales were running at a seasonally...
