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The real estate investment trust, while still separately traded, is now under the Rithm umbrella, and is taking on that brand as well as a new business model.
October 21 -
Federal Reserve Bank of Dallas President Lorie Logan repeated her call for the U.S. central bank to lower interest rates at a careful pace as the economic environment remains uncertain.
October 21 -
The affordability crisis has moved to the center of national politics, posing complicated challenges for both Democratic nominee Kamala Harris and Republican Donald Trump as they try to woo voters in battleground states with promises to address housing costs.
October 21 -
The nation's highest court has no deadline to address the petition and can reject it without an explanation.
October 21 -
The cost of a credit score is $3.25, but could balloon to the $5 range in 2025.
October 18 -
The Arkansas bank said CRE is no longer its principal growth driver, yet it is still the bank's most prominent business and a big part of its robust lending activity.
October 18 -
Federal Reserve Board Gov. Christopher Waller argued that while decentralized finance technologies can reduce reliance on intermediaries and enhance efficiency, they ultimately pair well with centralized finance.
October 18 -
Harvard University housing experts anticipate home improvement spending to rise in the next 12 months.
October 18 -
Underlying borrowers have accumulated significant amount of home equity in their homes, to a weighted average (WA) original cumulative loan-to-value (CLTV) ratio of 69.5%.
October 18 -
Housing starts decreased 0.5% last month to a 1.35 million annualized rate, according to government data released Friday, after a big rebound in August.
October 18 -
The Cincinnati-based bank aimed for consistency in the third quarter as it built on strategic initiatives. Executives expect "record" net interest income next year.
October 18 -
The company expects that a previously announced sale of its residential mortgage servicing business will reduce its workforce by an additional 1,200 employees when the transaction is completed this quarter.
October 18 -
The strategic investment in the shared appreciation platform comes after capital raises at similar businesses last month.
October 18 -
Fannie Mae didn't change its estimate for total originations this year.
October 18 -
Losses related to natural disasters and other perils rose for the seventh year, and that costs both insurers and consumers more money, LexisNexis said.
October 18 -
The Dallas bank has spent the last three years building itself into a new company. Now, it has to prove the investments will pay off.
October 17 -
A measure of housing market conditions from the National Association of Home Builders and Wells Fargo increased for a second straight month in October.
October 17 -
The North Carolina-based company expects its revenue to outpace expenses next year — a goal that has proven elusive over the five years of Truist's existence.
October 17 -
The Buffalo, New York-based bank said its commercial real estate portfolio continued to shrink, but this was more than offset by business and consumer lending.
October 17 -
The Cleveland-based bank took a hit from a large bond sale, leading to a quarterly loss. But net interest income rose, and the company expects that metric to hit a key milestone in the fourth quarter.
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