The Empire State’s housing market had another enervated month in May, according to data from the New York State Association of Realtors. Closed sales fell from 11,075 homes in May 2022 to 8,819 sales last month, a 20.4% plummet. Pending sales were down 4.1% from...
Santander Holdings USA Inc. announced its latest Community Plan, a three-year commitment of $4.6 billion in community reinvestment and $9 billion in sustainable finance. According to the company, its commitment will be divided along these lines: $1.5 billion in small...
Slide Insurance, a Tampa-headquartered insurtech focused on homeowners insurance, announced the closing of a $35 million senior credit facility with Regions Bank. The credit facility builds on the funding Slide secured in its $105 million venture-back series A round...
CrossCountry Mortgage (CCM) has unveiled CCM Smart, a program designed to help first-time homebuyers cover 2% of down payment costs up to $4,000. Under CCM Smart, at least one occupying borrower must be a first-time homebuyer and must be at or below 80% of the County...
There was good news and not-good news out of Florida’s housing market, with an increase in active listings during May that was seesawed with a decline in closed sales. According to new data from Florida Realtors, the state recorded a total of 26,396 closed sales...
Meriden, Connecticut-headquartered Planet Home Lending LLC announced a $10 billion bulk acquisition of mortgage servicing rights (MSR) from Village Capital & Investment LLC of Henderson, Nevada. The Village portfolio consists of 45,000 home loans securitized by...
