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Dan Gilbert's Rocket Companies returned to profitability in the first quarter 2024
Detroit Free Press via Yahoo Finance· 6 days agoLike other mortgage lenders, Rocket has seen a drop in business since early 2022 when mortgage rates...
Blackstone, Starwood split on commercial-property market risks
Crain s Chicago Business· 29 minutes agoTwo of the world’s biggest property investors are split on the current state of the U.S. commercial real estate cycle. For Blackstone Inc., with about $600 billion in property globally, the ...
NRMLA, MBA provide comments on HECM application, origination documents - HousingWire
HousingWire· 2 days agoMBA and NRMLA each state that they are generally supportive of the proposed changes, which include wholesale revisions to the lender table for the best estimate of the total cost of a
CMHC beats targets for new homes in 2023, despite economic challenges
Financial Post via Yahoo Finance· 2 days ago“Canada’s housing challenges are serious, complex and urgent, but they are solvable...caused by...
I Bought a House in My 20s: 7 Steps I Took That Made It Possible
GOBankingRates via Yahoo Finance· 1 day agoIn today's economy, the idea of buying a house in the U.S. seems less and less realistic. The median...
Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
AOL· 6 days agoMortgage rates haven’t shown signs of edging under 7% anytime soon, pushing buyers toward alternative financing options to strike deals. The rate on the 30-year fixed < ...
Paramount Pulls in $575M Refi at 60 Wall Street
The Real Deal· 5 days agoThe real estate investment trust led by Albert Behler scored a $575 million mortgage for 60 Wall Street, Crain’s reported. Behler announced the financing...
Granite Point Mortgage Trust (GPMT) to Release Earnings on Tuesday
ETF DAILY NEWS· 4 days agoGranite Point Mortgage Trust (NYSE:GPMT – Get Free Report) will post its quarterly earnings results after the market closes on Tuesday, May 7th. Analysts expect Granite Point ...
Solar surprise: Homeowners hit with big bills for panels they say they didn't buy
CBS News· 19 hours agoGARLAND — Kim Kromdyk doesn't have solar panels. "I called him and told him that I had just thought...
Secondary mortgage market adjusts to higher-for-longer rates - HousingWire
HousingWire· 6 days agoBen Hunsaker, a Beach Point Capital Management portfolio manager who is focused on securitized...