The joint lead managers for the $2 billion of a new 5.125% syndicated callable note priced Nov. 5 were Goldman Sachs Group, Merrill Lynch and UBS Investment Bank, according to Freddie Mac. The joint lead managers as originally listed on the initial press announcement and as originally posted by this electronic news service were incorrect.
New notices pointed out how large learning models could lead real estate businesses to unintentionally violate the Fair Housing Act in a marketing campaign.
The industry hasn't been sure how much of a lift they'd get this spring but a broader slowdown in hiring may help to lower financing costs.
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Rocket Cos. reported an increase in gain-on-sale margin but warned that going forward it is likely to slip back to levels seen in the second half of last year.
The 2022 vintage had a higher percentage of purchase mortgages, as well as 30-year fixed-rate loans versus the 2021 production, an annual Federal Housing Finance Agency report said.
