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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
Multifamily Developer Confidence Up Slightly During Q2
Multifamily developers expressed increased a slightly higher degree of confidence in their market during the second quarter, according to the latest Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS produces two...
Mortgage Rates Decline to Lowest Level Since April
The 30-year fixed-rate mortgage averaged 6.63% as of Aug. 7, down from last week when it averaged 6.72%, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). A year ago at this time, it averaged 6.47%. The 15-year fixed-rate...
Kolter Homes Unveils New Gated Community in Florida
The home builder Kolter Homes announced the upcoming debut of its newest gated community, The Cove at Park Trace, located within the Preserves at Park Trace in Stuart, Florida. Scheduled to open in the summer, the homes at The Cove at Park Trace will feature...
NEWS & CURRENT EVENTS
New Bill Seeks to Give Ohio Counties the Ability to Cut Property Taxes
“Clearly, our taxpayers are telling us across Ohio that the current status quo is not working,” said Rep. David Thomas. Continue Reading New Bill Seeks to Give Ohio Counties the Ability to Cut Property Taxes
Pennsylvania Title Company President Pleads Guilty to Defrauding Underwriter, Clients and the SBA
Louis Belletieri is scheduled to be sentenced on Sept. 12 and faces a maximum possible sentence of 40 years’ imprisonment. Continue Reading Pennsylvania Title Company President Pleads Guilty to Defrauding Underwriter, Clients and the SBA
Judge Rejects CFPB’s Request to Vacate Redlining Settlement with Townstone Financial
“That is a Pandora’s box the court refuses to open,” said US District Judge Franklin Valderrama. Continue Reading Judge Rejects CFPB’s Request to Vacate Redlining Settlement with Townstone Financial
Office-to-Residential Conversion Begins on DC Property
The eight-story, 536,000-square-foot office building opened in 1992 and will become an 11-story, 658,000-square-foot modern apartment building. Continue Reading Office-to-Residential Conversion Begins on DC Property
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Sidekick in New Partnership with New York’s OneKey MLS
Sidekick’s integrated datasets and AI-powered workflow tools will be made available to the more than 45,000 OneKey MLS realtors. Continue Reading Sidekick in New Partnership with New York’s OneKey MLS
Dominic Iannitti, Founder and Chief Executive at DocMagic, Has Died
Pat Theodora, DocMagic’s chief financial officer, will assume Iannitti’s leadership role. Continue Reading Dominic Iannitti, Founder and Chief Executive at DocMagic, Has Died
Dwight Capital Launches C-PACE Lending Platform
To lead the new endeavor, the company hired Lisa Nordel as managing director and head of C-PACE. Continue Reading Dwight Capital Launches C-PACE Lending Platform
California and Utah Wildfires Result in Neighborhood Evacuations
No injuries were reported in either states’ fires. Continue Reading California and Utah Wildfires Result in Neighborhood Evacuations
Alabama Home Sales Up for Fifth Straight Month
Last month recorded 16,549 active listings, up by 4.9% from the previous month and 43% above the June 2023 level. Continue Reading Alabama Home Sales Up for Fifth Straight Month
Investment Firm Stonepeak Acquires New Zealand Retirement Village Operator
Stonepeak, a New York City-based alternative investment firm specializing in infrastructure and real assets, is acquiring Arvida Group Limited, one of New Zealand’s largest retirement and aged care providers, in an all-cash transaction valued at approximately $1.25...
Icon Parking, NYC’s Largest Parking Company, is Acquired
Icon Parking is the largest minority-owned parking management, operating and mobility services provider in New York City metro area. Continue Reading Icon Parking, NYC’s Largest Parking Company, is Acquired
13th Century English Abbey Listed at $4.5 Million
Burnham Abbey was founded in 1266 by Richard, Earl of Cornwall, the brother of King Henry III. Continue Reading 13th Century English Abbey Listed at $4.5 Million
Biden Ends Re-election Bid, Leaving His Real Estate Proposals in Limbo
For the real estate industry, Biden’s exit leaves unanswered questions on whether Harris would continue Biden’s proposals. Continue Reading Biden Ends Re-election Bid, Leaving His Real Estate Proposals in Limbo
Hits and Misses for the Real Estate Week of July 15-19
A presidential plea for rent control, California realtors under a Justice Department magnifying glass and an unlikely viral video hit are among the week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of July 15-19
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