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Financing secured for $4.2M purchase of damaged condominiums

National Mortgage
Mortgage Finance
6 years ago

Developer Doug Loose says he is "living in a cloud" after recently securing financing through Frankenmuth Credit Union for a,.. Read More;

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Developer admits bribing councilwoman to support apartment project

National Mortgage
Mortgage Finance
6 years ago

A Dallas developer has admitted to paying bribes to a former city councilwoman in exchange for her lobbying efforts and,.. Read More;

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Hiring for mortgage jobs ramps up as loans keep streaming in

National Mortgage
Mortgage Finance
6 years ago

Job estimates for nonbank mortgage bankers and brokers rose again in the Bureau of Labor Statistics’ latest report.There were roughly,.. Read More;

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Home buying sentiment falls in July over coronavirus concerns

National Mortgage
Mortgage Finance
6 years ago

With coronavirus infections re-surging, consumer confidence in the housing market hit a snag in July, according to Fannie Mae. After,.. Read More;

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Lowest mortgage rates ever spur historic jump in bond supply

National Mortgage
Mortgage Finance
6 years ago

A deluge of supply has inundated the agency mortgage-bond market this year, as a plunge in lending rates triggered a,.. Read More;

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Ellie Mae has a buyer, mortgage rates drop further below 3%, Rocket's IPO takes off and more of the week's top news

National Mortgage
Mortgage Finance
6 years ago

Earnings reports out this week beat pessimistic expectations, but strained coronavirus relief negotiations in Congress cloud the outlook for what's,.. Read More;

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Urban League begins $5M effort to boost Black homeownership in Madison

National Mortgage
Mortgage Finance
6 years ago

Seeking to reverse a decades-long disparity in homeownership, the Urban League of Greater Madison has launched a $5 million initiative,.. Read More;

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Impac to revive third party originations, non-QM in 3Q

National Mortgage
Mortgage Finance
6 years ago

Impac Mortgage Holdings will be getting back into both third-party originations and non-qualified mortgage lending now that secondary market liquidity,.. Read More;

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Zillow shares surge as pandemic drives buyers to embrace web

National Mortgage
Mortgage Finance
6 years ago

Zillow Group shares surged after the company reported record traffic to its websites, helping quarterly revenue beat expectations.Zillow reported revenue,.. Read More;

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Blackstone taps CMBS market to finance its Hollywood venture

National Mortgage
Mortgage Finance
6 years ago

The Blackstone Group has a new collateral option for CMBS investors: the newly built Hollywood film studios used by Netflix,.. Read More;

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Bank loans to fuel development of two Philly apartment projects

National Mortgage
Mortgage Finance
6 years ago

Citizens Bank Financial Group is funding the construction of two apartment buildings in neighborhoods northwest of Center City with a,.. Read More;

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Forbearance extensions are skyrocketing: Sagent

National Mortgage
Mortgage Finance
6 years ago

New payment suspensions due to coronavirus hardships have fallen, but the percentage of borrowers extending their forbearance plans has surged.Mortgage,.. Read More;

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