Dallas-headquartered Mr. Cooper Group Inc. (NASDAQ: COOP) is acquiring the mortgage operations of Flagstar Bank for $1.4 billion. The acquisition encompasses Flagstar’s MSRs, advances, subservicing contracts, and a third-party origination platform. The purchase will...
Homebuyer affordability was slightly less onerous last month as the national median payment applied for by purchase loan applicants decreased to $2,167 from $2,219 in May, according to new data from the Mortgage Bankers Association (MBA). However, on a year-over-year...
eXp Realty, the Bellingham, Washington-based subsidiary of eXp World Holdings Inc. (NASDAQ: EXPI), has hired Donald Cherry as vice president of sustainability. In his new role, Cherry will be responsible for developing a comprehensive sustainability program for the...
The Kroger Co. (NYSE: KR) and Albertsons Companies Inc. (NYSE: ACI) are pausing their proposed $24.6 billion merger as federal and state lawsuits seek to block their union. The Wall Street Journal reports the supermarket giants agreed to a temporary injunction in a...
Williston Financial Group (WFG), an Irvine, California-based provider of title insurance and real estate settlement services for commercial and residential transactions, has announced the availability of 1031 Exchange services through WFG 1031 LLC, a newly launched...
A historic New York City theater which has been vacant for nearly two decades may have a new lease on life via a coalition of Hollywood power players. IndieWire reports the Metro Theater in Manhattan’s Upper West Side is the subject of acquisition discussions led by...
Hits and Misses for the Real Estate Week of June 15-19
