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Lumber futures have recouped recent losses and risen by the exchange maximum of $45 for six consecutive sessions, touching $1,204.90 per 1,000 board feet Wednesday, the highest in three weeks.
February 10
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The return of foreclosures could increase enforcement and government-related loan buyers’ return to pre-pandemic plans to increase net worth, liquidity and other standards for counterparties.
February 9
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The mention echoes previous recommendations to give the Federal Housing Finance Agency more authority over non-depositories that service loans sold to Fannie Mae and Freddie Mac.
February 9
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The changes follow the company’s acquisition by Pretium in November of last year.
February 9
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The sponsor, owned by Blackstone Real Estate Debt Strategies and a majority-owned affiliate of BREDS IV Residential Holdco, will retain a residual interest.
February 9
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Steadily climbing rates have contributed to a 40% decline in loan activity from one year ago.
February 9
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Makers of everything from decks to porches and outdoor lighting are lagging behind the broader stock market this year, joining a selloff in homebuilder shares as casualties of a rising-rate environment.
February 9
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Using digital methods also saves time for the actual closing, which also contributes to the lower costs, the Notarize study found.
February 8
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The large volume of servicing rights trades in January and high multiples were a reaction to tightening monetary policy after a period in which many stockpiled the asset.
February 8
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The U.S. Treasury Department defeated a blue-state challenge to a rule that exempts buyers of high-interest loans from state interest rate caps.
February 8
