CCM announces $1.4 billion Citi financing to compete with UWM for Two Harbors.
CrossCountry Mortgage contests UWM Holdings' bid for Two Harbors Investment Corp., emphasizing the certainty of its all-cash offer to stockholders.
Compass Reports Robust First Quarter After Anywhere Acquisition
Compass' latest results showcase the impact of its merger with Anywhere, highlighting growth opportunities and strategic shifts in the real estate landscape.
Darryl Davis: Market Changes Favor Skilled Professionals in Mortgages
In a cooler market, experienced real estate agents can enhance their visibility, offer valuable market insights, and demonstrate strong negotiation skills.
Veterans Identify Upfront Costs as Primary Barrier to VA Loans
NewDay USA study reveals 55% of borrowers hold misconceptions about VA loans, with 33% unaware of 0% down payment and no PMI benefits for veterans.
UWM contests Two Harbors board’s decision on $12 per share offer.
UWM Holdings Corp. is contesting Two Harbors Investment Corp.'s board decision, favoring an $11.30 deal with CrossCountry Mortgage over its $12 proposal.
Highlands Residential Mortgage Expands by Acquiring Equitable Mortgage in Ohio
Highlands Residential Mortgage expands its footprint by acquiring Equitable Mortgage, signaling potential growth opportunities in the private lending sector.
Iowa Legislators Endorse Property Tax Relief Plan at Legislative Session’s Close
Iowa lawmakers have approved a property tax relief plan, but skepticism remains regarding its effectiveness. Explore implications for private lenders.
Jim Riccitelli Advocates for Purpose-Built Regulation in Home Equity Investments
Recent Urban Institute data reveals that 40% of HEI users are aged 55 and older. Leading firms completed 54,000 deals over the past decade amid increasing scrutiny.
KB Home CFO Robert Dillard plans to resign this month.
KB Home's CFO, Robert R. “Rob” Dillard, will step down effective May 8. His departure is unrelated to any disagreements, as disclosed in a recent filing.
Mortgage Spreads: Key Factor in Maintaining Rates Below 7%
Mortgage spreads reach peaks, indicating that with a stable 10-year yield, rates could surpass 7%. Insights for private lenders navigating market trends.