Lone Star Fund V (U.S.) LP, Dallas, has once again extended the tender offer deadline for its proposed acquisition of Accredited Home Lenders Holding Co., San Diego.The new deadline is 12 midnight on Oct. 5. While previous extensions had been made, this is the first extension offered since Lone Star and Accredited revised the price of the deal. As of Sept. 21, 19.15 million shares, or 76.22%, of Accredited's common stock had been tendered. The revised terms of the deal dropped the price from $15.10 per share to $11.75. On Sept. 24, Accredited closed at $11.68 per share. Accredited can be found online at http://www.accredhome.com.
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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
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Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
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The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
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The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
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Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
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The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5




