The stocks of three real-estate-related companies will be added to the Russell 3000 and the Russell 2000 indices on July 1, and two of them will be added to another Russell index.E-Loan Inc., an online mortgage, home equity, and auto lender based in Pleasanton, Calif., and Delta Financial Corp., a nonconforming mortgage lender based in Woodbury, N.Y., are scheduled to be listed on the Russell 3000 Index, the Russell 2000 Index, and the new Russell Microcap Index. (Membership in the Russell 3000 means automatic inclusion in either the large-capitalization Russell 1000 Index or the small-cap Russell 2000, the companies said.) American Retirement Corp., a national provider of senior-living housing and care, will be added to the Russell 3000 and the Russell 2000. The indices are published by Russell Investment Group, Tacoma, Wash., which can be found on the Web at http://www.russell.com
-
The drop in the annual metric for FHA loans was the biggest in over four years but other performance indicators ICE Mortgage Technology tracked were mixed.
July 24 -
NJ Lenders suffered a cyberattack last August, which potentially exposed the names and social security numbers of about 30,000 individuals.
July 24 -
Its origination volume of $621.8 million was an increase of $114 million compared with the first quarter but its gain-on-sale was 5 basis points lower.
July 24 -
The mortgage subsidiary of PlainsCapital Bank saw improvement in its bottom line but remained in the red amid ongoing affordability constraints.
July 24 -
Though the crimes occurred earlier this decade, they highlight how much easier it has become to create false documents today, given the rise of artificial intelligence.
July 24 -
The "stay-put" economy, along with higher mortgage rates, is responsible for this shift where home equity and seconds have a 17.5% market share, Benutech found.
July 24







