Real estate investor Russel S. Bernard has announced the formation of Westport Capital Partners LLC, a firm that will specialize in opportunistic real estate investments.Mr. Bernard, 47, was most recently the real estate group portfolio manager at Oaktree Capital Management LLC. Before that, he was a managing director and portfolio manager of The Distressed Mortgage Fund at Trust Company of the West. Westport will be geared to institutional and private clients.
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The top five producers had an average dollar volume of VA and USDA loans of more than $35 million in 2023.
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While income decreased from the fourth quarter, it accelerated on an annual basis across NVR's building and lending units.
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Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge.
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Prevention through new building standards and mapping technology aim to keep home insurance rates down but mortgage bankers see challenges.
April 23 -
The mortgage lender and servicer announced that Ranjit Bhattacharjee, a capital markets veteran, and Kevin Barker, a financial analyst with two decades of experience, have joined its ranks.
April 23 -
Because of rising home values, more transactions have proceeds over the federal tax exemption, especially in California, a CoreLogic study found.
April 23