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Office properties account for 60.8% of the pool, above the 41.2% average for 2020 deals, and above the 36.5% average for 2021.

He is leaving the Texas-based nonbank lender less than one year after it was acquired by New Residential Investment.

A $28 billion agreement with the National Community Reinvestment Coalition could help win regulatory approval for the acquisition of Michigan-based Flagstar Bancorp. The deal was originally expected to close last year.

The debt facility from Barings is likely the largest to a Black-owned investor in the market.

Eleven other defendants participated in the elaborate scam, which led to approval of unqualified buyers and numerous defaults of FHA-backed mortgages.

Alex Dalyac is the co-founder and CEO of Tractable, which develops artificial intelligence for accident and disaster recovery. Working with the largest insurers across the United States, Europe and Asia, Tractable's AI has accelerated accident recovery for hundreds of thousands of households. Prior to Tractable, Alex performed research at Imperial College London, where he led the Computing department’s first industrial application of deep learning. Alex has also been named by Forbes in its Europe 30 Under 30 for Technology and by the FT as one of the UK’s top 100 entrepreneurs.

Brian Strom is the co-founder and CTO of Elevate, a next-generation consumer-directed benefits platform that offers modern, API-driven tax-advantaged benefits experiences (think HSAs, FSAs, HRAs, commuter benefits, and more).

However, the shortage of entry-level home listings should result in a competitive spring purchase season, the government-sponsored enterprise said.