Newez expands reach with more real estate agencies
In recent months, Newrez has announced two partnerships with real estate agencies, adding to its portfolio of dozens of real …
Loans
U.S. household net worth falls as value of stock holdings falls
U.S. household wealth fell the most in a year in the third quarter as the value of stock holdings fell. …
Pennymac Raises Note Offers, Adds TPO Home Equity Loans
Pennymac’s financial services company on Wednesday issued $750 million of 7.875% unsecured senior notes due 2029 in a private placement, …
Bank of America predicts Treasury rally on Fed bets has just begun
Research from Bank of America Corp. shows the rally in U.S. Treasuries ahead of the Federal Reserve’s first rate cut …
Mortgage rates drop nearly 7%
Mortgage rates fell to their lowest levels since August, hovering above the 7% mark, according to the latest data from …
LO claims Bank of America failed to pay overtime in class action lawsuit
A group of former credit officers are suing Bank of America for “unpaid overtime and partial unpaid minimum wage.”Many companies …
Freddie Mac makes changes to simplify condo origins
Freddie Mac announces some changes to automated inquiries submitted to its mortgage property status Apartment project consultant For single family …
Bank CEOs take Basel III fight to Congress
From left: Wells Fargo CEO Charles Schaff, Bank of America CEO Brian Moynihan, JPMorgan Chase Chairman and CEO Jamie Dimon, …
Carson Block Shorts Blackstone Public Mortgage REIT
Carson Block said he was short Blackstone Mortgage Trust and said Publicly traded real estate investment trust exposed to a …
Toll Brothers shares rise as falling mortgage rates spur demand
Toll Brothers Inc. shares rise, homebuilder executive notes “Solid” demand In recent weeks as Mortgage rates fall from two decade …