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Advocates and critics weigh in on condo title-risk mitigants that cost less upfront than traditional insurance as climate risks add to broader coverage costs.
July 1 -
The motion calls upon the judge to rule quickly on an Administrative Procedures Act claim involving a bank's right to reverse mortgage collateral.
June 28 -
Investors laying claim to 19.3% of Voxtur Analytics common stock had attempted to add new nominees, but instead the company affirmed a downsized board.
June 28 -
The company has enough liquidity to support its short-term real estate finance lending business without the additional funds.
June 28 -
The agency is looking to improve liquidity for its reverse mortgage-backed securities issuers who have to buy back loans.
June 28 -
Part of the proceeds will be used to pay down a credit facility, which is then being refinanced and the principal reduced.
June 27 -
Michael Drayne, an industry consultant who previously served as a senior vice president of strategic planning and policy at Ginnie Mae, will join HPC in July.
June 27 -
Finance of America has $350 million of notes coming due next year and wants to trade them for $200 million of secured debt coming due in 2026 and $150 million maturing in 2029.
June 27 -
New York Mortgage Trust's 9.125% notes due 2029 may help fund new purchases of mortgages and securitizations in the private or agency markets.
June 26 -
North American firm Voxtur Analytics said a U.S. mortgage investor group backing a new slate of board nominees hadn't provided some information Canada requires.
June 25