Regarding acquiring Specialized Loan Servicing for a purchase price of approximately $720 million, Nierenberg added that it “helps grow our third-party servicing business and reinforces our position as one of the leading... Read more »
The White House and the U.S. Department of Housing and Urban Development (HUD) announced today the launch of a new inter-agency initiative to encourage more property conversions of commercial buildings into residential... Read more »
HousingWire Editor in Chief Sarah Wheeler sat down with Nicolas Guillen, co-founder of BaseCap Analytics, to talk about data, AI and the problems we still need to solve. Sarah Wheeler: Your background... Read more »
Average mortgage rates on 30-year fixed home loans continued their march towards 8% this week as the Treasury yield surpassed 5%. Rates have been steadily climbing for seven straight weeks, the longest... Read more »
If you are a homeowner or a prospective buyer in Canada, you might be wondering what the future holds for the housing market. Will prices continue to fall or will they rebound?... Read more »
KANSAS CITY, Missouri — The ninth day of the Sitzer/Burnett commission lawsuit started off with some overnight news from the court. After filing a motion for a mistrial Wednesday morning, citing several... Read more »
In the realm of real estate, the desire for mortgage rates to return to the 3% range and bidding wars for new listings may remain unfulfilled. However, experts project that in 2024,... Read more »
The servicing segment drove most of Pennymac Financial Services’s earnings in the third quarter of 2023, just like its peers, Mr. Cooper and Rithm Capital. Profits at the California-based lender increased by 60% from July to... Read more »
New Home Sales, commonly referred to as “new residential sales,” is an economic indicator that tracks the sale of newly constructed residences. It is extensively watched by investors since it is seen... Read more »
Jason Christie New York City luxury agent Jason Christie has returned to Compass after two years at Serhant, the company announced on Thursday. Christie specializes in luxury real estate in Manhattan and the... Read more »