Origination

XBTO intends to serve buyers in the surging Florida market with purchases of properties worth $1 million or more.

With rising costs and few houses for sale, millennials and Gen Z are increasingly willing to purchase at auction, a ServiceLink survey found.

The property owner obtained bogus loans on a portfolio spanning 2,500 apartments across more than 70 multifamily properties, prosecutors said.

Purchases completed above the asking price made up 9.3% of all transactions, the highest portion in four years.

The move could help expand the use of a program intended to aid underserved renters.

The bank’s grant programs include providing funding to increase housing developer diversity and for counseling services.

Monthly growth for home equity conversion mortgages was observed across the country, with the Eastern U.S. seeing a significant uptick.

The real estate franchisor's stock price fell by $16.85 per share since the deal was announced in January, making it a less attractive currency.