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The move allows the New York multifamily lender to make more loans without having to raise capital.
November 15 -
Wells Fargo & Co. raised its required down payment for homebuyers in Connecticut's Fairfield County to 25% from the standard 20% after it categorized the area as distressed.
November 15 -
Amazon's new HQ2 facilities in New York City and Washington, D.C., will create a flurry of housing and mortgage activity. But the direct benefits to mortgage lenders won't be as significant as they could've been in many of the other cities on Amazon's list of 20 finalists.
November 14 -
Amazon.com Inc. is headed to New York's Long Island City, but there's a lot of work to be done before it can actually put down roots in the Queens neighborhood.
November 13 -
Consumers blame speculative home flippers and wealthy out-of-towners for soaring home prices, but the blame may be misplaced, given many economists' views about the broader factors at play.
November 13 -
Maui single-family home prices surged in October, but sales retreated and the condominium market was down.
November 12 -
Rising home prices and climbing mortgage rates pulled down affordability to the lowest point since before the housing market crash.
November 9 -
Nov. 07--Alabama just misses out on the top ten among states with the nation's lowest total mortgage debt.
November 9 -
The housing market slows down for winter, but it doesn't stop. Here's a look at 12 cities where price cuts, rent appreciation and affordability conditions will give house hunters more negotiating power going into the new year.
November 8 -
Real estate and mortgage industry groups outspent proponents 3-to-1 to defeat Proposition 10, a measure to allow California municipalities to set local rent control laws.
November 7 -
Black Knight added to its mortgage loan data product offerings by acquiring Ernst Publishing, an Albany, N.Y.-based provider of recording fee, transfer tax and title premium fee information.
November 7 -
Texas is expected to be the tipping point in online closing adoption, and title companies predict that e-closings will soon be standard operating procedure.
November 6
NotaryCam -
A former instructor at the Purvis Real Estate Training Institute in Fort Worth, Texas. was sentenced to 13 years in federal prison for running a Ponzi scheme that robbed investors of more than $1.2 million.
November 6 -
Amazon will choose two locations for its new headquarters, according to the Wall Street Journal, which cited an unidentified person familiar with the matter.
November 5 -
Amazon has yet to announce the winning city for its second headquarters, but investors in JBG Smith Properties seem pretty convinced that northern Virginia is going to take the cake.
November 5 -
A low-rated segment of an index that most closely tracks the performance of U.S. mall mortgage loans saw its biggest decline in more than a year in October.
November 5 -
Home sale prices across Connecticut rose in September, compared with a year ago, reaching their highest level for the month since 2008.
November 2 -
New York's Department of Housing Preservation and Development has released a "Speculation Watch List" of rent-regulated homes sold that the agency said could potentially put tenants at risk.
November 1 -
The number of single-family homes sold during the third quarter declined 6.7% from the same three-month period a year ago, while the median sales price rose 3.8%, according to the Rhode Island Association of Realtors.
November 1 -
Mortgage borrower credit scores hit their low points more than five months after making a home purchase, but lender reporting cycles also cause these results to vary, according to LendingTree.
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