Applications fell 5.7% annually in July, while government-backed mortgages accounted for half of builder-affiliated loan volume
Mortgage applications for newly built homes lost ground in July, another indication that builder incentives are struggling to overcome buyers’ sensitivity to elevated mortgage rates.Applications for new-home purchases declined 5.7% from July 2025 and 1% from June, according ...
First RMBS issuance creates a revolving outlet for bridge, renovation, and construction loans sourced through Castlelake-backed Resfin
Castlelake has priced its first residential mortgage-backed securities issuance, a $261.3 million transaction backed by residential transition loans, or RTLs. The deal comes four months after the alternative investment manager acquired majority ownership of Resfin Partners, ...
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