NYCB reportedly in talks to transfer mortgage risks amid market pressure

NYCB reportedly in talks to transfer mortgage risks amid market pressure

Less than a year after coming to the rescue of Signature Bank during the market turmoil of March 2023, New York Community Bancorp (NYCB) faces a confidence crisis due to its exposure to commercial real estate... Read more »
NAF in talks to acquire Draper & Kramer Mortgage Corp.: sources 

NAF in talks to acquire Draper & Kramer Mortgage Corp.: sources 

Top-35 mortgage lender New American Funding (NAF) is in negotiations to acquire Chicago-based retail shop Draper & Kramer Mortgage Corp. (DKMC), multiple sources told HousingWire. The sources said negotiations are in the... Read more »
NFL Hall of Famer Bruce Smith talks real estate and the impact of interest rates

NFL Hall of Famer Bruce Smith talks real estate and the impact of interest rates

Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.... Read more »
Optimal Blue’s Scott Smith talks long-term goals, competition in mortgage tech

Optimal Blue’s Scott Smith talks long-term goals, competition in mortgage tech

Optimal Blue — a provider of secondary market solutions and actionable data services — plans to solidify its position as an end-to-end solution from pricing a loan to hedging, trading and selling... Read more »