Tag Archives: Banking & Lending

Ryan Serhant’s finance firm expands business to South Florida

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The company’s services are now available to agents and brokerages in South Florida that want to receive their commissions up front. Continue reading →

Homeward founder says agents can lead real estate’s tech revolution

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Tim Heyl, CEO of real-estate startup Homeward, says brokers know the issues that can be solved by technology and investment. Continue reading →

Rates for 30-year mortgages reach highest point since early spring

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Mortgage rates continued their month-long rise in mid-October as buyers and sellers navigated unusual market conditions. Continue reading →

September sees new upturn in demand for second homes

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More buyers were seriously considering a second-home purchase last month, and locked in mortgage rates to prepare for the transaction. Continue reading →

What the US climate-risk review means for FHA, VA loans and more

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Government agencies are looking to better quantify risks from climate change, a step with implications for government-backed home loans. Continue reading →

Mortgage rates continue their ascent onward into mid-October

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Rates creeped upward once again across all major mortgage types, part of a rise from their all-time lows earlier this year, according to Freddie Mac’s weekly lender survey. Continue reading →

Foreclosures remain low as banks start to churn out post-ban filings

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The number of foreclosed properties rose 34 percent in the third quarter of the year, but remained below their typical historical levels. Continue reading →

Home equity startup Point powers first of its kind securitization

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With co-sponsor Redwood Trust, Inc., Point has completed the first-ever securitization backed solely by residential Home Equity Investment agreements. The transaction, which closed on September 23, issued about $146 million of asset-backed securities. Continue reading →

Mortgage rates hold steady following late-September spike

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Mortgage rates barely changed a week after rising bond yields and Federal Reserve statements led to rate hikes across the board. Continue reading →

Home prices could ‘moderate’ if mortgage rates keep rising

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Mortgage rates are headed up as investors who fund home loans digest the prospects for long-term inflation and the Fed’s tapering plans. Continue reading →