Current News & Events
UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
Two Harbors is one of the nation’s largest servicers through its wholly owned subsidiary RoundPoint Mortgage Servicing LLC. Continue Reading UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
Mortgage Application Activity Down by Nearly 4%
The FHA share of total applications decreased to 19.5% from 20.2% the week prior. Continue Reading Mortgage Application Activity Down by Nearly 4%
Redwood Trust Announces Launch of Home Equity Investment Platform
“Redwood has a history of bringing innovative solutions to the non-Agency housing market and we are thrilled to begin directly offering HEI,” said Christopher Abate, CEO of Redwood. Continue Reading Redwood Trust Announces Launch of Home Equity Investment Platform
Home Buyers of America Expands into Connecticut
“Our investment in Connecticut and plans to expand into other major U.S. markets signifies the expanded demand we’re seeing across the board,” said CEO Nick Ron. Continue Reading Home Buyers of America Expands into Connecticut
Overseas Buyers Spent $4.3 Billion on Texas Residential Properties
Most of the overseas buyers seeking Texas residences came from Mexico (41%), followed by China (8%), India (7%), Nigeria (5%) and Venezuela (5%). Continue Reading Overseas Buyers Spent $4.3 Billion on Texas Residential Properties
Ouch! Mortgage Application Activity Sinks to 27-Year Low
“Both purchase and refinance applications fell, with the purchase index hitting a 28-year low,” said MBA’s Joel Kan. Continue Reading Ouch! Mortgage Application Activity Sinks to 27-Year Low
Pretium Recruits Morgan Stanley’s Jonathan Pruzan as President
The company has more than $50 billion in assets under its management. Continue Reading Pretium Recruits Morgan Stanley’s Jonathan Pruzan as President
Phoenix Investors Acquires Industrial Portfolio from United Furniture Industries
The financial terms of the acquisition were not disclosed. Continue Reading Phoenix Investors Acquires Industrial Portfolio from United Furniture Industries
Biden Names Real Estate Executive Jeff Worthe to UN Delegation
Jeff Worthe is also a prominent donor to Democratic politicians. Continue Reading Biden Names Real Estate Executive Jeff Worthe to UN Delegation
Zillow: Most Buyers Consider Climate Risks When Buying a Home
Climate risk is a greater concern among millennials (86%) and lower among baby boomers (70%). Continue Reading Zillow: Most Buyers Consider Climate Risks When Buying a Home
BGO Offers Move-in Ready Offices for Smaller Businesses
BGO, a New York City-based real estate investment management advisor and a provider of real estate services, has launched MIRO by BGO to provide workspaces for small and medium sized businesses. The MIRO acronym stands for “Move-in Ready Offices” and the MIRO suites...
Chevron Buys 77 Acres at Texas Planned Community for R&D Facility
Howard Hughes Holdings Inc. (NYSE: HHH) announced that Chevron U.S.A. Inc. (NYSE:CVX) has purchased over 77 acres in Bridgeland Central, a 925-acre urban hub within its Bridgeland master planned community in Cypress, Texas. Bridgeland is an 11,500-acre residential and...
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