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.
Analyzing Consumer Confidence Indicators for Recession Risk and Economic Trends
Gain insights into consumer attitudes and economic expectations through the University of Michigan Surveys of Consumers, a reliable recession predictor.
Uncertainty Over ROAD Act Increases Pressure on BTR Projects
Bipartisan concerns arise over Section 901 as developers report halted lending and stalled projects, prompting scrutiny from private lenders on its impact.
Darryl Davis: The Disconnect Between Pricing Discussions and Sellers Today
Sellers often rely on online property estimates; agents must provide tailored solutions, focusing on diagnosis over scripts and exploring three pricing scenarios.
Warsh Advances in Senate Committee Vote for Fed Chair Confirmation
Senate Banking Committee supports Kevin Warsh as Fed chair, potentially impacting interest rates and lending strategies ahead of Powell's term end.