The personal finance company NerdWallet Inc. (NASDAQ: NRDS) has expanded into the mortgage brokerage industry with its $1 million all-cash acquisition of Next Door Lending. NerdWallet CEO Tim Chen announced the acquisition in the company’s third quarter earnings...
The Wendy’s Company (NASDAQ: WEN) has become the latest restaurant chain to close locations, with 140 eateries set to be shuttered in the fourth quarter. The closures were announced Thursday during the company’s earnings call. According to a report in Restaurant Dive,...
Pinnacle Partners and Trilogy Investment Company have teamed on the creation of a new Build-to-Rent (BTR) Opportunity Zone Fund to capitalize three shovel-ready BTR communities in Decatur, Georgia, Augusta, Georgia, and Huntsville, Alabama. The new communities will...
A Cape Cod estate located adjacent to the Kennedy Compound in Hyannis Port, Massachusetts, has been listed for the first time in a quarter-century for $19.8 million. The 3-acre property known as “Port View” features a 9,629-square-foot mansion built in 1914. The...
Homebuyer affordability improved last month as the national median payment applied for by purchase applicants dropped by 0.8% from $2,057 in August to $2,041 in September, according to the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index....
Longtime mortgage industry executive Frank Pallotta has set up an exploratory committee to consider a run for New Jersey’s 39th Legislative District Assembly seat. Pallotta is considering a potential challenge to incumbent Assemblyman Robert Auth for the Republican...
