The University of Virginia Community Credit Union announced Monday it has hired Joe Raichel as its first chief lending officer. With more than 23
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Shares of the parent company of billionaire Dan Gilbert's mortgage lender Rocket Mortgage closed up 71% on Tuesday afternoon. Like the
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The bank will transfer the servicing of most of its residential loan portfolio to the Housing Finance Agency on April 1 and likely discontinue its residential
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Individuals with fortunes worth more than $1 billion would face an annual tax of … “But it says if you've got a fortune above $50 million, you pay on it.
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Redfin highlighted some of the pandemic's biggest impacts on the U.S. housing market in a new report, including the $3.1 trillion in home value that
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Tencent Cloud signed an agreement with the Bahrain Economic … The rise last month came as good news on the global rollout of COVID-19 vaccines
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Mint Bridging has relaunched as Mint Property Finance as it sets out to grow its loan book to £250m and expand into new sectors. The lender said its
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In this case, the mortgage lender agrees to accept less than the remaining … in this instance, you don't just want to work with any real estate broker.
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“Some levered players were shaken out of their positions,” Pozsar said in a forthcoming episode of Bloomberg's Odd Lots podcast. “It's not comfortable
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San Diego trailed with 11% and Washington D.C. at 9.1%. Paul Centopani. Reporter, National Mortgage News.
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Sunak is set to unveil proposals to revamp stock exchange listing rules as the U.K. seeks to boost the City of London post-Brexit, Bloomberg reported
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TD Securities Global Head of FX Strategies Mark McCormick speaks with Bloomberg's Alix Steel and Guy Johnson about China's warning about a
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Fitch expects to rate the residential mortgage-backed notes backed by seasoned first and second lien, open and closed home equity line of credit (
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China Fortune Land Defaults on $540 Million Bond. Bloomberg Markets · TV Shows. March 2nd, 2021, 6:25 PM PST.
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Shoppers exit a Kohl's department store in Jersey City, New Jersey. Photographer: Jeenah Moon/Bloomberg
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Securities lending is common among brokerages, which can earn income by … The broker can then lend out securities its customers buy on margin.
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Most Popular Articles · 2021 HW Tech100 Mortgage Winners Mar 01, 2021By HousingWire Staff · Compass losing money, gaining market share Mar 01,
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'Bloomberg Markets: America' Full Show 3/2/2021. Bloomberg Markets · TV Shows. March 2nd, 2021, 10:13 AM PST.
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Prospective buyers are turning up in droves to bid at auctions and house prices are rising rapidly. But the Reserve Bank and the Morrison government
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Lending quality is one of the reasons financial institutions step into this market slowly. And like it or not, lenders must help keep borrowers out of financial
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If you have a loan backed by government-controlled mortgage companies Fannie Mae or Freddie Mac, you can also miss up to 18 months if you have
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Fitch Ratings – New York – 02 Mar 2021: Fitch Ratings has assigned a 'A' rating to Commonwealth Edison Co.'s (ComEd) offering of first mortgage
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National Mortgage News honored all the winners and revealed the final rankings in a special report published in March 2021. “The companies that are a
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Rocket Mortgage is making a big play for the legion of self-employed borrowers who have been frustrated by a lack of mortgage options and
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The online mortgage provider currently has large short bets placed against it by hedge funds and appears to have garnered some bullish interest from
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HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and
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According to Freddie Mac, the Payment Deferral is designed to provide relief to eligible borrowers who “have the financial capacity to resume making
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Moreover, investors' sector rotation sentiments post-vaccine are creating hiccups. However, with the industry offering the real estate structure for several
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We believe this transaction will enable Doma to continue to invest in growth, market expansion and new products that extend the strategic advantage of
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Vehicles sit parked outside a row of houses in Toronto. The lowest rate for a Canadian five-year fixed rate mortgage, the most common mortgage in
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Doma, a firm that looks to disrupt the real estate title insurance market, has agreed to combine with Capitol Investment Corp. V, a publicly traded
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DUBAI: The Dubai International Financial Center (DIFC) Courts saw a 41 … The blue-chip Dow was up 2.1 percent in late morning trading, with the
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The month-over-month increase in home prices nationwide, including … Frank Martell, President and CEO of CoreLogic said, “Record-low mortgage
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When the residential real estate startup launched the campaign, it said part of that money would come from crowdfunding investments. Now, with 59
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Bloomberg News health editor John Lauerman with analysis of the President's announcement about Merck joining forces with Johnson & Johnson to
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Politicians, doctors and a fortune-teller: Myanmar's new wave of detainees. Wa Lone and Poppy McPherson and Aditi Bhandari. Tue, March 2, 2021,
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Click here for more news on distressed debt and bankruptcy. First Word is curated by Bloomberg editors to give you actionable news from Bloomberg
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Partner content ? These listings are provided by James Edition and have no affiliation with or endorsement by Bloomberg LP. Powered by. James
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Bloomberg News Wealth Reporter Anders Melin and Bloomberg News Finance Reporter Sri Natarajan shares insight on Goldman's chief lawyer
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… CPG giant to overhaul its portfolio through divestitures and acquisitions. … There also have been several smaller deals from Mondelez International,
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FORT WAYNE, Ind. (WANE) – After seeing continued growth in the mortgage/financial services industry nationwide, Ruoff Mortgage has announced
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He also founded his own real estate investment company, Martin Properties, in 2004. The COO role is a new position for Green Street, a real estate
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MORRISVILLE, N.C.–(BUSINESS WIRE)–AAFMAA Mortgage Services LLC … The challenge of affordable housing supply has been well covered in
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Mortgage Network, Inc. has hired Rachelle Bourgault as a loan officer for its Portland, Maine, branch, the company announced. The company said
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When mortgage rates decline, more people are interested in refinancing their mortgages, and purchase mortgages become cheaper as well, which is
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Chicago-based real estate investment and property management firm Trilogy Real Estate Group has raised a new fund to buy properties across the
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WASHINGTON, D.C. (March 1, 2021) – The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total
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“This is not welcome news for overall fraud risk.” The risk associated with conventional loan applications, remained elevated in comparison with
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Freddie Mac reported this week the average 30-year fixed-rate mortgage interest. rate rose to 2.81%, its highest point since mid-November, but still far
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And you may try to leverage that great year into some sort of expansion,” Tom Huddleston, head of Vylla Title Services, told HousingWire in January.
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HousingWire: What are some due diligence and underwriting challenges loan … HELOCs provide flexible access to home equity and closing costs are
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The developer also received financing from Wells Fargo and Freddie Mac, Lynch said. Jair Lynch Real Estate Partners acquired the site in August
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Real estate transactions March 2 … Benscoter Properties LLC to Jolee Anne VanBooven, Dundee Place, lots 15, 16, block 2. Issac and Olesya Briggs
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In one deal, Compass served as the commercial real estate finance consultant for Miami-based property management company Forte Properties LLC,
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Expert mortgage rate forecasts. Looking further ahead, Fannie Mae, Freddie Mac, and the Mortgage Bankers Association (MBA) each have a team of
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This will be the 14th Fitch-rated AOMT transaction. The certificates are secured primarily by mortgage loans that were originated by Angel Oak affiliated
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… according to data released by Freddie Mac. As of last week, the average rate stood at 2.81 percent, the highest since July but still below pre-COVID
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“There are over 65,000 forest landowners in Oregon, many of whom lost land in the Labor Day fires, and all of whom would be negatively impacted by
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Aaron Price sold property at 9970 Parkland Drive to Steven Aaron Sanders for $635,000. Real estate transactions provided by RealSTATs. Contact
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Most Popular Articles · 2021 HW Tech100 Mortgage Winners Mar 01, 2021By HousingWire Staff · FHFA extends forbearance period to 18 months Feb
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A serial entrepreneur, Kutsishin is a HousingWire Tech Trendsetter whose company's first-of-its-kind borrower intelligence software has helped lenders
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Real estate investors are placing their bets on a new property type: drive-throughs. Restaurants with drive-through lanes are seeing their values
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By Matt Madison. It's been a wild week around the mortgage world. Rates are rising at a decent clip for the first time in a while and home inventory
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(Pedernales) First Mortgage Bonds 2002 Series A, consisting of $22,038,000 maturing Nov. 15, 2022 (partial refunding) and $199,703,000 maturing Nov
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Kansas Real Estate Appraisal Board Launches Redesigned Website. Redesign modernizes interface to better serve users. March 02, 2021 11:10 AM
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Trilogy intends to utilize the proceeds to acquire multifamily real estate assets in U.S. markets with favorable economic and demographic trends.
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Shopping for their first home in New Jersey, Alyse Storzieri and her boyfriend Robert Engel faced a tough market. So when they found a house they
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We expect that our Sun Belt markets will continue to capture job growth, migration trends, and demand for apartment housing that will be well ahead of
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Broken down by industry, these five real estate stocks can be great 'buy and hold' REIT investments. · Simon Property Group (SPG) · Public Storage (PSA).
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… construction loan, while KeyBank's Commercial Mortgage Group arranged a $6.1 million forward commitment for a Freddie Mac permanent loan.
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However, these 100 real estate and mortgage companies took digital disruption to a whole new level and propelled a complete digital revolution, leaving
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Real estate is an industry mired in systemic racism that has locked out Black and Brown people from creating the kind of generational wealth that has
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Rock Hall president and CEO Greg Harris announced in a live online event on Tuesday, March 2, that Rocket Mortgage FieldHouse will be the host of
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… and Freddie Mac (the GSEs), the Federal Housing Administration (FHA), Department of Veterans Affairs (VA), and the U.S. Department of Agriculture
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Washington specializes in Fannie Mae, Freddie Mac and Federal Housing Administration market rate and affordable debt products. In his new role at
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… Mae or Freddie Mac, and not just a pricing cut off.” The CFPB is also considering whether to revise the Seasoned QM Final Rule through rulemaking
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According to the Mortgage Bankers Association's latest report, mortgage forbearances rose 1 basis point for the week ending on Feb. 21. Mortgage
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Transwestern Real Estate Services has opened a location in Baton Rouge, headed by Branon Pesnell, a longtime expert on the local market for office
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A 35-plus-year vet of the real estate industry, Ken Jenny was a trusted adviser to many and unafraid to speak his mind about industry issues. Kenneth
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CoStar is converging on the U.S. housing market from a different direction. The company has long been a dominant player in commercial real estate
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One of the definitive business trends of 2020, that has only solidified in … Vogel was one of the first in the real estate industry to ride the new SPAC
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Question: Are you able to tell how much of the appreciation in the overall Arlington housing market is from homes in the upper or lower price ranges?
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The reverse mortgage industry is one that never stays still, either through the design of the companies that are a part of it, or because of external
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The housing market typically follows fairly reliable seasonal trends, but 2020 won't be known for following predictable patterns. Every year, colder
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Property developers, owners and managers need to take notice. There are not only significant benefits to deploying this technology in buildings, but also
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… Mae and Freddie Mac. (The agencies treat BFR assets much like vertical multifamily apartment properties, aside from some underwriting variations.).
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Kohl's said it isn't planning for any further sales of its real estate to then lease it back, despite a group of activists pressuring the company to take this
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Check out the companies making headlines in midday trading. Rocket Companies — The online mortgage provider's stock price skyrocketed more
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… been there for as long as I can remember screaming “LAFAYETTE WEST” wrapped around the property had been replaced by a plain black one.
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Greystone ranks as the #1 FHA commercial mortgage provider for 2020 and is a Top 10 multifamily lender for Fannie Mae and Freddie Mac loans.
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Cherry Hill Mortgage Investment Corporation is a real estate finance company that acquires, invests in and manages residential mortgage assets in the
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“And the result, what you see now, is a banking system that has higher capital than it did going into the pandemic, and particularly for the largest banks.”.
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— If you're thinking about buying a new home in the Tampa Bay area or have already been looking, you've likely noticed real estate market is
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Alex Kutsishin, CEO and co-founder of Sales Boomerang, will speak at HousingWire's virtual Spring Summit on March 4, diving into a two-year study on
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WILMINGTON, NC (WWAY)–The real estate market is surging in the Cape Fear, thanks to low interest rates. When the pandemic began it hurt the local
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Although we do promote products from our partner lenders, all opinions are our own. Check out the mortgage refinancing rates for March 2, 2021, which
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VANCOUVER — The Real Estate Board of Greater Vancouver says the market is heating up so fast that home sales in the region doubled between
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“Record-low mortgage rates were a significant driving force behind last year's rebound in housing market activity,” Frank Martell, president and CEO of
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Richard Stamerra sold property at 1011 Main St. to DiCerbo Properties Real Estate Investmen for $22,500. RWS Land Co. Inc. sold property at 9213
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I signed the mortgage paperwork online. Unlike with past loans, at no point did I have to meet with or speak to a loan officer or anyone else (except, of
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The Bank of Canada unveiled a new diversity and inclusion strategy on February 25. The document, Strengthening our Foundation Together,
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Walmart poached two senior bankers from Goldman Sachs to help run its fintech startup. The new hires come as Walmart emerges as a threat in the
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Walmart is moving again to enter into the banking world forming, with Ribbit Capital, a new operation aimed at creating a digital platform that will
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One thinks central banks should target asset prices. Another thinks they … But the reality remains: central banking is art, not science. The art must be
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Suddenly central banks are in the middle of the climate-policy debate and it … The truth is, there is a lot that the European Central Bank, the Federal
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With the advent of new banking technologies, customers expect banks to reach them rather than visiting the banks by themselves.Although a significant
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The bank is reportedly considering divesting some retail banking units in South Korea, Thailand, the Philippines and Australia. Some investors and
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But just because you own a business doesn't mean you're want to pay big monthly fees for your banking needs. Bank of America offers two checking
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Dave is a banking app on a mission to create financial opportunity that advances America's collective potential. Dave's financial tools, including its debit
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LONDON (Reuters) – France's banking industry body wants a new European Union law that would force non-EU banks to shift swathes of euro
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RICHMOND, Va., March 2, 2021 /PRNewswire/ — Essex Bank, the banking subsidiary of Community Bankers Trust Corporation (NASDAQ: ESXB),
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It's not just banking giants getting in on the fun. Recent steps by Walmart Inc., the world's largest retailer, to create a fintech division has sent shivers
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But as some banks plead with regulators to allow for more time, Senate Banking Committee Chair Sherrod Brown of Ohio and Sen. Elizabeth Warren of
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Can banks win in the booming buy-now-pay-later space? While BNPL represents a relatively small niche of the payments ecosystem, banks should take
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Climate First Bank, a newcomer to the local community banking scene, announced Tuesday that a couple of industry veterans had joined its executive
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Square's industrial bank is open for business, the · “Bringing banking capability in-house enables us to operate more nimbly, which will serve Square and
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Online banking, like online shopping, is ingrained into Americans' lives, becoming an essential part of the new normal that emerged during the
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Bank of Montreal's investment bank is building up its capabilities to help clients establish blank-check companies as the Canadian firm seeks to play a
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… Senate Banking Committee this morning. Gensler, former chairman of the Commodity Futures Trading Commission, is expected to face questions on
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Jonathan Rea (seated on bike) won the 2020 FIM Superbike World … Due to the ongoing evolution of international trade, there may be little else they
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“For over 10 years, LendingTree has helped millions of consumers shop for auto loans with direct lenders like CapitalOne and LightStream. Through
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First-time buyers have more choice of mortgage deals after several banks and building societies this week launched 90% home loans. During much of
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The pain for such enterprises been particularly acute in the state, leading some to back an effort to replace Gov. Gavin Newsom.
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Braytonville Properties LLC sold property at 85 North Holden St., North Adams, to Brian Marotta, $119,000. Michael A. Deep, trustee of Deep Realty
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… from a trip to Jerusalem for North's baptism, to fashion weeks around the world including one in Paris where Kardashian was bound and robbed,
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To do this, Android simply shrinks the screen vertically, bringing the top-most part of the phone closer to your thumb. While One-handed mode did not
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But the more closely they read about the factory-farm meat they were buying, the more hoodwinked they felt. Free-range, for instance, doesn't
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On Thursday alone, the state administered 118,417 fewer doses than on the same day a week earlier, according to the Bloomberg Vaccine Tracker.
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Distinction as nation's Top 100 demonstrates strong commitment to agriculture lending. Information submitted. Friday, February 19, 2021 10:
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'Bloomberg Markets: The Close' Full Show (02/19/2021). Bloomberg Markets · Bloomberg Markets: The Close · TV Shows. February 19th, 2021, 4:
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Cantor CEO: GameStop Mania Like Surges in Tesla, Bitcoin. Bloomberg Markets · TV Shows. February 19th, 2021, 12:07 PM PST.
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Uber CEO Dara Khosrowshahi publicly said prices would increase between 20 and 40 percent in big California cities like San Francisco and Los
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Transportation editor Kirsten Korosec reached out to 10 investors to learn … Offering new users frictionless onboarding, customer support and free
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What we're seeing is a case of Premier Doug Ford choosing to sacrifice the. Readers' Letters. Political fortune topping health.
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Neil Jordan interview: Perspectives on fortune and freedom. The film-maker has stepped away from the camera to write a new novel about the 1798
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From 27, we now have a dozen Public Sector Banks (PSBs) but even that's an excess. Privatisation ensures robustness in India's banking system and
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Its mission is to show that it's possible to fly on Mars using commercial … NASA has long used Linux both on the International Space Station (ISS).
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Bloomberg News weather reporter Brian Sullivan on the snowstorm headed for the Northeast (35:57). – Bloomberg News markets reporter Kriti Gupta
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Calgary's once dismal resale housing market has made a remarkable comeback. Here's Tomasia DaSilva with how sellers are rejoicing after a number
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… and instead of feeling guilty about it, help spread our ideas worldwide. … Limbaugh eventually was charged with shopping for doctors to prescribe
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MORTGAGES. Ellen A. Malone from PNC Bank, $121,600; Thornhurst Road, Bear Creek Twp. Christopher Romanowski et al. from Honesdale
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Other real estate websites such as Zillow and Apartment List have reported higher annual declines over 20% using different methodologies. “Rents in
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Ivanka Trump moved to Florida after leaving the White House, fueling speculation she would run for office there. She will not run against Marco Rubio.
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A Charlotte-based real estate investment and development firm has tapped a local entrepreneur to lead its Triangle growth plans. This week, Beacon
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Banks must cap overall joint lending with internet platforms at no more than 50% of their outstanding loans, the China Banking and Insurance
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Those making deliveries for companies like Amazon.com Inc., which uses third-party services that employ freelance workers, as well as other, smaller
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… an international effort to bolster the purchase and distribution of coronavirus … Biden's turn on the world stage came as the U.S. on Friday officially
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The European Central Bank (ECB) headquarters building in Frankfurt. Photographer: Alex Kraus/Bloomberg
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Where the humor ends is back in the real world. Monica … Monica races to Wanda's house and confronts her and Wanda reacts with rage. She hurls
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Where a plaintiff bank has filed a complaint against a defendant who allegedly executed a personal guaranty of a pharmacy's indebtedness to the
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It's been the custom for the season, but the Lakers have had the great fortune to not have to deal with much of it. When the league's COVID-19
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He will be listing and selling real estate and is excited to share his love and extensive knowledge of the Mount Washington Valley with his buyer and
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In addition, the Global Alternative Lending study focuses mainly on current technologies, potential opportunities, growth, as well as latent traps. The
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Officials with SC Housing said the 'SC Stay' program was created to provide assistance to households unable to pay rent or mortgage payments due
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Applicants must attend 10 hours of first-time homebuyer education and receive first mortgage loan pre-approval from a lender approved by the
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The song's music video featured Kjellberg and a group of kids, with lyrics … Kjellberg began referencing Cocomelon in his videos last year, when it
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In retail banking, we have a 16% share of current accounts, but a lower stock share in mortgage lending. We see mortgages as an attractive growth
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Markets change, so this is not the norm,” said DeMattei. Whether it takes a month or six months, the housing market will shift back to normal.
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Roberto Castello Branco. Photographer: F. Carter Smith/Bloomberg. Branco is a University of Chicago-trained economist and is a close ally of
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The funding is badly needed but won't quickly solve the supply crunch caused by the rich world's voluminous buying. “Vaccines are a limited resource,”
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Biden Blames Trump; Australia to Roll Out Vaccines: Virus Update. Bloomberg News. February 19, 2021, 3:56 PM PST Updated on February 19, 2021, 5
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Bloomberg the Company & Its ProductsThe Company & its … Debt at Fastest Pace in a Decade. Photographer: Qilai Shen/Bloomberg. Markets
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… come to dominate IPOs this year, accounting for 63% of the almost $77 billion raised on U.S. exchanges, according to data compiled by Bloomberg.
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These platforms assist in connecting the money lenders and investors with borrowers without the bank acting as an intermediary. Latest released the
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The notion gained legs in the wake of the banking crash, when Ireland was left with two dominant banks in AIB and Bank of Ireland and a multitude of
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The approval of the Purpose fund is seen as beneficial for the pending funds, said James Seyffart, an analyst at Bloomberg Intelligence. “Its been wildly
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… Frankfurt, Bloomberg News has reported. Other German groups mulling similar moves are online eyewear retailer Mister Spex and Volkswagen AG,
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Members retain all rights to their work and gain access to data, analytics, market knowledge, copyrights administration and repertoire management
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OAKLAND — Two months after the California Supreme Court rejected the Golden State Warriors' appeal of a ruling ordering the team to pay Oakland
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Ask Me About: Is the Real Estate Commission negotiable? Exit Realty Jersey Shore. As a full time agent I would like to offer my services, resources and
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Bloomberg News higher education reporter Janet Lorin on the poor … Ernie Boch, CEO of Boch Enterprises, about the latest news in the auto sales
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International buyers, after experiencing a slight decline in terms of the mix of vehicles purchased at the height of the pandemic, are now purchasing
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You can still shoot 8K video at 24fps with the rear camera and 60fps 4K with the selfie camera, and the 64MP main camera on the back is no slouch: it
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… were usually a well-guarded secret that took years to spill out into public view. … Writer Andrew Dalton on Twitter: twitter.com/andyjamesdalton.
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RLC Real Estate Inc. to Robert A. Hunt, land on state Route 517; $15,000. Pamela J. Walsh to Brian and Patricia Brown, 10.2 acres on Wayne Bridge
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Daijiworld Media Network – Bengaluru (SP). Bengaluru, Feb 20: Fortunes can swiftly change the course of one's life. However, good fortune that
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Bloomberg News Auto Reporter Ed Ludlow explains that Apple is in talks to buy self-driving sensors that are a key step in their car plan. Nobel Laureate
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For example, Freddie Mac reported on Feb. 11 that the average rate on a 30-year mortgage was 2.73% — not much higher than the record low of
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Nearly four years after traces of chemicals believed to cause health problems in children and reproductive issues in adults were found in mass-market
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Vermont Business Magazine Evernorth closed its second multi-investor fund – Housing New England, Fund II – on January 29, 2021. This fund will
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The rebound in markets may boost confidence among households and businesses, and improve the economic outlook for 2021, Confindustria wrote
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While emphasizing the key driving factors for Online Lending market, the report also offers a full study of the future trends and developments of the
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Title Insurance; Others. By Application: Private; Commercial. The report will include a market analysis of Fine Art Insurance which includes Business to
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Lamborghini URUS Has Turned the Fortune for Supercar Maker in India: Sharad Agarwal. Feb 20, 2021 12:38 PM IST Auto Auto. Share. Lamborghini in
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Our data indicates that Australia and New Zealand Banking Group Limited has a market capitalization of AU$75b, and total annual CEO compensation
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Other than cash transactions all banking including account set up and inquiries, bank transfers, investments, loans, lines of credits, and mortgages, at
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He later proceeded to Elgeyo-Marakwet county in the company of area senator Kipchumba Murkomen to issue title deeds. PAY ATTENTION: Don't
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Should you tell them the real reason you do things? Or should you focus on making them as happy as possible? Especially if it's as imperfect as air
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The McMahon-owned company yellow show apparently would have such a large roster that all the athletes hired by the Stamford-based company
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No injuries reported at this time pic.twitter.com/g6BoYqmtTr. — Bloomberg Quicktake (@Quicktake) February 20, 2021. The plane departed Denver at
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Landmark National Bank announces the hiring of Shawn Powelson, Assistant Vice President, Commercial Banking, and Steven Swigart, Retail
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Real estate demand in Pearl River County is higher than it has been since post Hurricane Katrina as people leave urban areas to find homes in the
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That is why a new trend by some companies to shift the Chief Marketing Officer title to Chief “Market” Officer is interesting. I've spoken with industry
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European online lender October notes that in March 2020, the French State had announced a package of €300 billion in State-guaranteed loans
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CHANCELLOR Rishi Sunak risks delivering a “sledgehammer blow” to the housing market if the stamp duty holiday ends next month as planned,
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The lead designer for the Harry Potter RPG Hogwarts Legacy, Troy Leavitt, is being criticized for some of his past YouTube videos. By Dalton Cooper
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In today's fast-paced, low inventory housing market, desperate buyers and … The four-bedroom house on Carpenter Street that Pagels, a Berkshire
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YOUNGSTOWN, Ohio – Coldwell Banker EvenBay Real Estate this week welcomed Carri Griffin to its team of real estate professionals. Before
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The company also offers title insurance and closing/settlement services to its homebuyers. It builds and sells homes in Texas, Arizona, California,
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Mortgage loan production, primarily in loans sold to the secondary market, totaled $42.8 million for the quarter, leading to strong net gains of $0.9 million
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