With mortgage rates falling to their lowest level in over a year, 2026 may be the year prospective homeowners who have been sitting on the bench finally get a shot at a... Read more »
Avatar Financial Group LLC has funded a $11.125 million bridge loan secured by three operating gas stations in the Chicago metropolitan area. Structured at 61% loan-to-value with a two-year interest-only term, the... Read more »
Columbia Property Trust, Inc. signed four new leases, highlighted by a 34,528-square-foot relocation with Proof School, at 221 Main St., its 16-story Class A office tower in San Francisco’s South Financial District. Proof School,... Read more »
After delivering two straight quarterly losses to start this year, mortgage technology company Blend Labs predicted correctly that it would soon move into the black by one key accounting measure, finally delivering... Read more »
Sagard Real Estate, formerly EverWest Real Estate Investors, completed the $27.5-million sale of Tustin Financial Plaza, a five-building office campus located in Tustin, to a local private investor. The transaction advances Sagard’s... Read more »
Two of the top five lenders in the reverse mortgage industry are now engaged in a legal skirmish over marketing practices that one lender calls deceptive. Longbridge Financial, a top five reverse... Read more »
While elections are still a couple of months away, some rhetoric regarding the housing market and affordability is starting to emerge. Democratic candidate Kamala Harris has provided first insights on portions of... Read more »
Elder financial exploitation (EFE) is a common form of elder abuse that impacts as much as 10% of older Americans each year. But to better combat its growing commonality, more information is... Read more »
The Conference of State Bank Supervisors (CSBS) and the Federal Housing Finance Agency (FHFA) have signed onto a memorandum of understanding to formally share information between each other related to nonbank mortgage... Read more »
In March 2022, reverse mortgage lender and servicer Longbridge Financial announced the launch of its national field sales (NFS) division, appointing reverse mortgage industry veteran Melanie Parks to lead the channel as... Read more »