Wilshire Enterprises Inc., a real estate company based in Newark, N.J., has engaged Friedman, Billings, Ramsey & Co. to conduct a strategic review of the company's options, according to Wilshire.Meanwhile, Wilshire will continue to pursue a previously announced strategy of rationalizing its asset base through geographic concentration and upgrading the quality of assets in its core markets, said company chairman Sherry Wilzig Izak. Friedman, Billings, Ramsey & Co., the broker-dealer subsidiary of Friedman, Billings, Ramsey Group Inc., can be found online at http://www.fbr.com.
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Homeowners accuse the home equity investment company of breaking the law for suggesting that its home equity investment product isn't a mortgage.
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The fee hike, which also raises the cost of assumptions, is part of the House pay-as-you-go rules to support a proposed expansion of veterans benefits.
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Mortgage fintechs are attracting investor attention and dollars with agentic AI processes in new origination-focused platforms and assistants.
June 30 -
The portfolio for sale contains hundreds of millions of dollars worth of reperforming loans that the government-sponsored enterprise co-marketed with Citigroup.
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The S&P Cotality Case-Shiller home price index rose 0.8% year over year in April, while U.S. Federal Housing's index climbed 2%. Both indexes declined monthly.
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While the nationwide purchase average declined nearly 3% in 2025, these costs rose in 23 of 50 states and the District of Columbia, a study from LodeStar said.
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