Braver Stern Securities has hired veteran Wall Street mortgage analyst Scott Buchta as managing director and head of investment strategy. Braver said his hiring "completes the firm's" formation of a newly created mortgage sales team. Prior to joining Braver Stern, Mr. Buchta was a managing director and head of investments at Guggenheim Securities, LLC. Before that he spent 20 years at Bear Stearns, where he served as a senior managing director in the firm's mortgage analytics group.
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The filing alleges TWO executives engaged in a "stealth mission" to get the deal canceled, including subverting participation in a March shareholder vote.
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Some equity and credit agency researchers have lowered their sights in line with market changes, but their forecasts suggest stability for those that pivot.
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The new record arrives after five months of annual home-price growth, which surged to its highest in more than a year, according to ICE Mortgage Technology.
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The arm of the asset management giant is paying over $100 million for the Cherry Hill business started in part with Freedom Mortgage over a decade ago.
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The average down payment across the list was 17.1%, well above 13.1% nationally, and the median credit score was 766, compared with 747 countrywide.
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HBT Financial in Bloomington, Illinois, has agreed to acquire Tri-County Financial Group in a deal valued $204.6 million.
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