The New York City-based REIT will pay $120 million in cash for national non-Qualified Mortgage lender HomeXpress Mortgage Corp., plus 2.08 million shares in Chimera valued at $27.9 million. Continue reading
States with the highest foreclosure rates in May included Delaware, Florida, Illinois and Indiana. ATTOM’s CEO described the situation as “a mixed picture.” Continue reading
Stephen Kotler is leaving Douglas Elliman following a three-decade career at the brokerage. Meanwhile, his son Max has joined Corcoran Group with intentions of building a new team. Continue reading
Reps of both companies declined to comment on talk of a potential deal, but the chatter had Douglas Elliman’s price per share up 34.5 percent over the past five days. Continue reading
Bellevue, Washington-based Evergreen hires Wells Fargo and Bank of America veteran Andrew Leff as head of national business development as it continues to expand beyond its roots as a regional independent mortgage bank. Continue reading
On April 25, the state’s governor signed legislation that created an exception to the requirement for out-of-state brokers who have an office in their home state. Continue reading
FirstTeam Real Estate, an independent brokerage with roots in Southern California, is taking its success nationwide. The firm recently announced the launch of its nationwide expansion, starting with new offices in Idaho and Washington. More markets are… Continue reading
According to a new report from Realtor.com, the national average down payment hit 14.4 percent and $30,250 in the fourth quarter. Continue reading
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading