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Mortgage Applications for New Home Purchases at 14-Year High

Mortgage Applications for New Home Purchases at 14-Year High

Mortgage applications for new home purchases during March were up by 26% from the prior month and up 11% year-over-year, according to data from the Mortgage Bankers Association's (MBA) Builder Application Survey. “Applications for the purchase of newly built homes...

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Activist Investor Seeks New Board for CoStar Group

Activist Investor Seeks New Board for CoStar Group

Daniel Loeb, the billionaire activist investor founder and CEO of the alternative asset management firm Third Point LLC, is calling for a change of leadership at CoStar Group (NASDAQ: CSGP), claiming the company’s pursuit of the residential real estate industry has...