Forestar revenue drops 13% as builder caution clouds near-term outlook.
Forestar revenue fell to $580.8M with 5,004 lots sold as builder demand softened amid higher rates. Lenders and servicers should monitor inventory impact.
FHLB Cincinnati mortgage holdings rise 14% as profit falls to $126M.
The Federal Home Loan Bank of Cincinnati expanded its mortgage-loan holdings and member advances while lower spreads reduced third-quarter earnings.
How soon will payouts begin from the $711 million settlement fund?
JND reports 2.7 million processed claims while the court pauses payouts and audits invoices. Lenders and servicers should assess timing and operations.
eXp Realty’s Coming Soon listings will appear on RealScout.
The companies did not provide a launch date, expanding eXp syndication beyond Realtor.com and Homes.com.
ICE boosts mortgage tech revenue through Wells Fargo and Freedom deals.
Wells Fargo and Freedom Mortgage recently added home equity portfolios to ICE’s MSP platform.
Freddie Mac finances $91.8M refinance of 1,892 manufactured-housing sites.
RHP Properties refinanced 13 manufactured-housing communities in six states with a $91.78 million Freddie Mac loan arranged by Newmark.
Housing markets should remain accessible to all.
Industry open letter calls for standardized data sharing across MLSs and portals.
Unlock completes $433.1M home equity agreement securitization.
Covers a $433.1M securitization of 4,474 Unlock home equity agreements and key servicing, credit and investor implications relevant to private lenders.
The Agency develops a global AI platform for luxury real estate.
The Agency's global AI answers plain language queries using its proprietary data, giving lenders and servicers market insight and valuation signals.