Digital Mortgage Direct Page

Lending activity among builders surged over 22% annually in December, but the growing share of FHA-backed borrowing in the segment took a step back for the first time in four months, the Mortgage Bankers Association said.

Reven Office REIT is seeking $100 million from a lead investor and $900 million through a "blind pool" initial public offering.

Ohio Gov. Mike DeWine rolled out the Welcome Home Ohio program, a product of the Ohio legislature's biennium budget bill, House Bill 33.

Stephen Dean, Co-Founder of Keona Health, a health desk that makes omnichannel patient access fast and simple.

The move is somewhat counterintuitive relative to other market signals but Fannie Mae generally forecasts a net positive shift in lending conditions this year.

The financial services executive also previously served in leadership at Morgan Stanley and Carver Federal Savings Bank.

Single-family home construction fell by the most since July 2022, following a surge in November, while multifamily projects rose to a five-month high.

With traders reducing wagers on a rate cut at the Federal Reserve's March meeting and the yield on 10-year Treasuries rising to 4.11%, the highest since Dec. 12, real estate is primed to take a hit.

The latest shift in the market-implied odds of a March rate cut was motivated in part by stronger-than-expected December US retail sales data.

The escalating case would set a new precedent if it established fiduciary duties for entities that manage securitized mortgages that pension funds invest in.