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Loan originations hit a record $16.7 billion in the fourth quarter, though executives caution that a recent rise in mortgage rates could slow refinancing activity.January 14
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The pool of 359 loans also on average carry higher balances (over $900,000) compared to the REIT's earlier pass-through deal this year.December 14
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But existing deals are likely to experience issues resulting from higher defaults, faster prepayment speeds.December 9
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In November, more loan products were being offered both at the upper and lower ends of the market.December 8
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Lenders also increased jumbo product availability as well as rolling out new SOFR-indexed ARMs.November 16
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The vibe is pre-COVID San Francisco: Airpods, electric scooters, coffee-shop coworking and cash offers for million-dollar homes.September 18
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Uncertainties in the job market drove mortgage credit availability down again, falling to the lowest point since March 2014, according to the Mortgage Bankers Association.September 10
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Some of Miami Beach's priciest real estate is now a relative bargain, even in the billionaire enclave of Fisher Island.August 12
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The company reported nearly $23 million in losses for the second quarter, but that was an improvement on a quarter-to-quarter basis.August 7
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Conditions have improved for the first time since November.August 6
