Philip Martin has been hired as a managing director of real estate equity research at Cantor Fitzgerald & Co., a New York-based global provider of financial services to the institutional equity and fixed-income markets.Mr. Martin will be headquartered in Chicago. Before joining Cantor Fitzgerald, Mr. Martin was a senior vice president at Stifel Nicolaus, and he was previously the principal partner of Creative Health Partners LLC, a real estate and health care advisory firm. Cantor Fitzgerald can be found on the Web at http://www.cantor.com.
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The lender won its motion for summary judgment just about two months after the court denied a plaintiff's attempt to certify a class of over 50,000 consumers.
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While delinquencies eased overall quarter to quarter, they trended upward on a yearly basis across all loan types, the Mortgage Bankers Association said.
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The seller surplus was a result of sluggish demand as opposed to increased supply. The 30-year fixed-rate mortgage rose every week in July to 6.66%.
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More than a third of listings are below their original ask, with entry-level homes seeing frequent cuts in several metros, Movoto data shows.
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For the first time in six weeks, the 30-year fixed rate mortgage dropped, with observers expecting a steady but challenging housing market for the rest of 2026.
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The fintech posted its strongest quarter since going public last year and reported major consumer loan marketplace volume approaching $4.3 billion.
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