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Wells Fargo sees self-storage growth, risk in soft housing data

National Mortgage
Mortgage Finance
3 years ago

Self-storage REITs could be an "interesting buying opportunity" as the second half of the year becomes more favorable, but a,.. Read More;

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Year of the bond dashed as treasuries set for worst week of 2023

National Mortgage
Mortgage Finance
3 years ago

Long-dated U.S. Treasuries headed for their worst week of the year amid signs of unexpected resilience in the economy and,.. Read More;

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Will new U.S. debt downgrade reverberate more than the one 12 years ago?

National Mortgage
Mortgage Finance
3 years ago

The day after Fitch Ratings downgraded U.S. debt, the benchmark 10-year Treasury yield rose to nearly 4.08%, up from the,.. Read More;

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Freddie Mac's 2Q earnings rise on single-family reserve release

National Mortgage
Mortgage Finance
3 years ago

Freddie Mac's second quarter earnings increased due to a release of money set aside for credit losses in the single-family,.. Read More;

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HSBC's U.S. arm faces HUD probe over redlining allegations

National Mortgage
Mortgage Finance
3 years ago

HSBC's lending practices in New York, Seattle and various parts of California are under scrutiny, according to the National Community,.. Read More;

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Rithm Capital posts profit as questions swirl around possible spinoff

National Mortgage
Mortgage Finance
3 years ago

After high-profile acquisitions and purchases over the past month, Rithm Capital emphasized its pivot toward business diversification but offered few,.. Read More;

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Home price growth could reverse in the next six months

National Mortgage
Mortgage Finance
3 years ago

Home price growth could reach a crescendo in the next six months, CoreLogic predicts.Property values rose 4.8% since the beginning,.. Read More;

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Mortgage application activity cools for second straight week

National Mortgage
Mortgage Finance
3 years ago

Mortgage application volumes dropped across the board last week, as loan activity remained largely muted due to the ongoing inventory,.. Read More;

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Capital reform is coming, but not without a fight

National Mortgage
Mortgage Finance
3 years ago

Fed Govs. Michelle Bowman and Christopher Waller (top right) voted against the risk-based capital proposal, raising questions about whether it's,.. Read More;

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Mr. Cooper completes acquisition of Home Point Capital

National Mortgage
Mortgage Finance
3 years ago

Mr. Cooper on Tuesday reported that it closed its acquisition of Home Point Capital through a vehicle called Heisman Merger,.. Read More;

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Two Harbors reports non-GAAP loss in 2Q

National Mortgage
Mortgage Finance
3 years ago

Two Harbors Investment, while profitable using standard accounting rules, lost $3.7 million or 4 cents per share in the second,.. Read More;

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Merger between Stavvy and Brace announced

National Mortgage
Mortgage Finance
3 years ago

Digital software provider Stavvy has agreed to acquire fellow mortgage technology startup Brace in a deal that will boost servicing,.. Read More;

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