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The sale, announced Sept. 9, 2021, included approximately 11,100 loans totaling $1.68 billion in unpaid principal balance, divided into four pools.
Origin Investments, a private real estate manager, launched a $350-million Multifamily Credit Fund designed to give qualified purchasers a passive income stream substantially higher than most other fixed-income investments.
4.2% of all mortgages were in some stage of delinquency in July.
HTL now has approximately 100 branches and operates in 40 states.
Flagstar Bank's John Gibson provides insight on his company's opportunities in a shifting mortgage landscape.
Fintech, specialty finance firm team for first-of-its-kind investment securitization backed entirely by home equity investments.
The Consumer Financial Protection Bureau filed a complaint and proposed consent order, which alleges that American Advisors Group (AAG) used inflated and deceptive home estimates to attract reverse mortgage consumers.
The record growth in home prices over the past year driven by short supply has made homeownership less affordable for many Americans.
U.S. added 194,000 jobs, well below the expected 500,000; unemployment rate falls to 4.8%
Mortgage Contracting Services, a national provider of residential and commercial property services, selected Craig Torrance to serve as CEO.