Contracts, Invoices & Legal

In all, 42% of sales in the borough were financed, a larger share than in many recent quarters in the cash-heavy Manhattan market. View the full article

The underlying prime mortgages have an average balance of $358,024, a weighted average (WA) original FICO score of 776, an original cumulative loan-to-value (LTV) ratio of 73.6%. View the full article

Plaintiffs alleging the lender manipulated home valuations ten years prior argued the interpretation of the rule cited in determining the case's standing was a stretch. View the full article

While more consumers claim they can't tell whether now is a good time to purchase a home, over half of prospective buyers said the market is better than it was in 2024. View the full article

While overall investor purchase activity is returning to pre-pandemic norms, interest in condo units dropped to a 10-year low, as insurance and fees surged. View the full article

As tariff turbulence continues, BofA is predicting a slowdown, not a downturn. But America's second-largest bank is also signaling that it's prepared for a more severe scenario. View the full article

Tariff and layoff worries are leading some to reconsider pending deals, but a surplus of existing homes now has other buyers backing out as well, Redfin said. View the full article

For the four weeks ended March 2, pending sales were down 6.4% annually as prices continued to rise, pushing borrower monthly payments near their all-time high. View the full article

Investment in professional development is more common than tuition reimbursement among top-ranked firms seeking to meet demand for AI-related training. View the full article

The institution has been downsizing its portfolio to address deposit runoff as it has shed fintech exposures and worked to gain release from a consent order. View the full article

Thirty-eight TD Bank locations and 24 Flagstar branches are set to shut down. Both banks are coming out of tumultuous periods. View the full article

The legislation is aimed at loosening regulation of new-home construction in the Grand Canyon State, where median prices have shot up by 59% since 2020. View the full article

The company missed analysts' quarterly forecasts on operating earnings per share due to higher mortgage servicing rights amortization and operating expenses. View the full article

The deal has an extensive capital structure, which is expected to repay investors sequentially, with notes enhanced by subordination. View the full article

Three Democratic senators joined Republican colleagues to confirm the businessman, who previously voiced his support for easing government regulations. View the full article

Understanding the difference between an equity and mortgage REIT is vital, as these two types of REITs serve distinct purposes within the real estate market. View the full article

Refinance activity was up 16% from the end of February while purchase applications rose mildly, on the strength of fading rates amid larger economic woes. View the full article

The company first entered the Canadian market in 2020 through an investment in an Ontario-based brokerage, which later rebranded to Rocket Mortgage Canada. View the full article

Toronto-based Simply Approved Mortgages is opening for business in Florida and Colorado, looking for the cross-border success that eluded companies like Rocket. View the full article

The bank said it will appeal the judge's ruling, which it suggested would have a chilling effect on lenders participating in such government programs. View the full article

The company turned to automation to address pain points it found in working with lines of credit that mortgage lenders are increasingly originating. View the full article

While no additional details were disclosed, the housing regulator's inspector general typically probes cases which are prosecuted by the Department of Justice. View the full article

With views of current finances among the poorest Americans already near the lowest in 14 years, tariffs are set to add more pressure by making many everyday items even pricier. View the full article

The builder's lending unit bought servicing and secondary market approvals that weren't part of Guild's previous acquisition of CCM's production and branding. View the full article

The average 30-year fixed-rate mortgage fell to its lowest point so far in 2025, driving refinance activity 83% higher than the same time a year ago. View the full article