Homestreet and Mechanics Bank Reach Merger Agreement
HomeStreet Bank will merge with Mechanics Bank, rebranding as Mechanics Bancorp, a strategic move expected to enhance market presence and operational efficiency.
Judge Questions Importance of MLS PIN in Ongoing Legal Proceedings
Court discussions highlight MLS PIN's stance on preserving seller compensation offers to buyers' brokers, raising key implications for private lenders.
A&D Mortgage Completes Acquisition of Mr. Cooper Wholesale Division
A&D Mortgage enhances its offerings by integrating various mortgage programs, including agency, government, and non-QM products for brokers and partners.
Compass’s Recent Performance Sheds Light on the Future of Real Estate Brokerage
Compass demonstrated resilience in a challenging market, achieving a 26% revenue increase to $1.4 billion in Q4, with strong transaction growth amid low resale activity.
Homeowner Delinquency Rates Are Not Elevated
Explore the current trends in homeowner delinquency rates and the significant rise in multifamily property delinquencies, highlighting key insights for private lenders.
Real Estate Highlights and Low Points from the Recent Week
Explore key shifts in the mortgage landscape, including regulatory changes and noteworthy real estate events that may impact private lenders.
FHFA Implements Changes to Climate Risk and Radon Inspection Policies
FHFA Director Bill Pulte announces new adjustments to climate-related policies, impacting private lenders and the mortgage industry landscape. Stay informed.
Homebuyers Achieved Historic Levels of Down Payments Recently
Average down payments reached $29,900, or 14.4% of purchase prices, signaling a notable trend in buyer behavior and financial commitment in the mortgage market.
JP Morgan Real Estate Income Trust Purchases Two Residential Properties in the Southeast
JPMREIT expands its portfolio with two new residential acquisitions in the Southeast, signaling continued investment interest in the housing market.
Realtor.com Reports Record Highs in Down Payment Levels
Down payments have reached a record high, with buyers now contributing 14.4% of the purchase price, indicating shifting market dynamics.