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Bayview Asset Management Completes $1.3 Billion Acquisition of Guild Holdings
Guild will operate as a privately held independent entity of the MSR Fund, which also owns Lakeview Loan Servicing. Continue Reading Bayview Asset Management Completes $1.3 Billion Acquisition of Guild Holdings
Bayview Asset Management Completes $1.3 Billion Acquisition of Guild Holdings
Guild will operate as a privately held independent entity of the MSR Fund, which also owns Lakeview Loan Servicing. Continue Reading Bayview Asset Management Completes $1.3 Billion Acquisition of Guild Holdings
Non-QM Lender Angel Oak Mortgage Solutions Debuts 5- and 7-Year Adjustable-Rate Mortgages
Angel Oak Mortgage Solutions LLC, the Atlanta-headquartered wholesale and correspondent non-qualified mortgage (non-QM) lender, has expanded is product line with the debut of 5-year and 7-year Adjustable-Rate Mortgages (ARM). According to the company, the new ARM...
Hospitality at Work Acquires Vector Property Services
Hospitality at Work, a manager of office and mixed-use properties and a subsidiary of the real estate developer and investor Lowe, has acquired Vector Property Services, a Denver-based company with over 2.5 million square feet of institutional property under...
Mortgage Rates Go Into Decline
After rising for two weeks, mortgage rates reversed course and declined in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.30% as of Oct. 9, down from last week when it averaged 6.34%. A year...
NEWS & CURRENT EVENTS
FHLBank Atlanta Announces $11.7 Million in Grants for Affordable Multifamily Rental Housing Development
Grant applications are now being accepted through Oct. 3. Continue Reading FHLBank Atlanta Announces $11.7 Million in Grants for Affordable Multifamily Rental Housing Development
Appeals Court Rejects Trump’s Attempt to Fire Lisa Cook; Senate Approves Miran for Temporary Fed Seat
Neither Trump nor Pulte offered an immediate comment on the court’s ruling. Continue Reading Appeals Court Rejects Trump’s Attempt to Fire Lisa Cook; Senate Approves Miran for Temporary Fed Seat
California Lawmakers Approve Bill for Building High-Density Housing Near Transit Hubs
It was supported by labor unions who were pleased with the bill’s provisions regarding a mandate for union workers on the new construction. Continue Reading California Lawmakers Approve Bill for Building High-Density Housing Near Transit Hubs
Redfin: 19.5% Fewer Canadians Searching for US Properties Since Last Year
Historically, Canadians have made up the largest portion of international homebuyers in the US. Continue Reading Redfin: 19.5% Fewer Canadians Searching for US Properties Since Last Year
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Texas Lawmakers Lobby to Relocate NASA Headquarters to Johnson Space Center in Houston
Florida and Ohio are also seeking to host NASA’s headquarters when its lease in Washington, DC, expires. Continue Reading Texas Lawmakers Lobby to Relocate NASA Headquarters to Johnson Space Center in Houston
72-Year-Old Idaho Man Sentenced for Embezzling Public Housing Authority
Bruce Hauber, 72, was employed as the executive director of the federally funded American Falls Housing Authority (AFHA) from 2019 to 2023. Continue Reading 72-Year-Old Idaho Man Sentenced for Embezzling Public Housing Authority
The BLVD Group Acquires Rhode Island Apartment Community for $57 Million
The acquisition and renovation are being financed through Low Income Housing Tax Credits and tax-exempt bonds. Continue Reading The BLVD Group Acquires Rhode Island Apartment Community for $57 Million
Emory University Receives $5 Million for New Real Estate Center
The newly announced BL Harbert Real Estate Center will be designed to equip students to excel as real estate entrepreneurs and practitioners. Continue Reading Emory University Receives $5 Million for New Real Estate Center
Proposal Would Turn Louisiana School into Affordable Housing for Teachers
East Baton Rouge Superintendent LaMont Cole floated the idea of renovating Westminster Elementary School into housing specifically for new educators. Continue Reading Proposal Would Turn Louisiana School into Affordable Housing for Teachers
Judge Temporarily Blocks Planned CFPB Layoffs
“We’re not going to disburse 1,483 people into the universe,” said Judge Amy Berman Jackson. Continue Reading Judge Temporarily Blocks Planned CFPB Layoffs
New Home Purchase Mortgage Applications Surged in March
The average loan size for new homes decreased from $397,516 in February to $381,921 in March. Continue Reading New Home Purchase Mortgage Applications Surged in March
Master-Planned Community with Surfing Lagoons Planned for Utah
The 30-acre project will feature 65 short-term rental properties built around two concrete-lined, clear lagoons designed specifically for surfing and other water recreation. Continue Reading Master-Planned Community with Surfing Lagoons Planned for Utah
LendingClub Pays $74.5 Million for New San Francisco HQ Building
The property was constructed in 1986, last purchased in 1999, and renovated in 2020. Continue Reading LendingClub Pays $74.5 Million for New San Francisco HQ Building
Australian Father Pitches Tent Outside Prime Minister’s Home to Protect Rising Housing Costs
Morgan Cox said he was forced out of his rental housing due to rising costs. Continue Reading Australian Father Pitches Tent Outside Prime Minister’s Home to Protect Rising Housing Costs
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