Median Down Payment Rises to New High in Q3

Median Down Payment Rises to New High in Q3

The loan origination report is derived from publicly recorded mortgages and deeds of trust collected by ATTOM Data Solutions in more than 1,700 counties accounting for more than 87% of the U.S. population. Counts and dollar volumes for the two most recent quarters are projected based on available
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Home Sales Up Despite Rising Prices and Falling Inventory

Home sales in November were up by 1.1 percent on a year-over-year basis but were down 7.3 percent from October, according to new data from RE/MAX. Thirty-six of the 54 metro areas tracked by RE/MAX for its report saw year-over-year sales increases, including Trenton, N.J. (21.3 percent), Augusta,
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Moody's Assigns Provisional Ratings to Six CMBS Classes of Atrium Hotel Portfolio Trust 2017-ATRM

The first mortgage balance of $600,000,000 represents a Moody's LTV of 103.1%. The Moody's First Mortgage Actual DSCR is 3.20X and Moody's First Mortgage Actual Stressed DSCR is 1.19X. The financing is subject to two mezzanine loans totaling $150,000,000. The Moody's Total Debt LTV
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Centerview Partners has crushed 2017 — and its investment bankers will make a fortune in 2018 …

With 37 senior bankers on staff, the small firm is projected to pull in as much as $13.5 million a partner. In the first two weeks of December, two industry-shaking transactions hit the wire: CVS Healthcare announced a deal to acquire Aetna for $69 billion, and Disney agreed to buy $66 billion worth of 21st
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Alabama Product of the Day: Antigua Fortune 1/2-Zip Pullover Sweater

Revel in Alabama Crimson Tide glory with this Antigua Fortune 1/2-zip pullover sweater. You'll look forward to layering on some brand new Alabama Crimson Tide fashion and staying warm as you get ready for another championship season! It features a comfy design with soft brushed fabric that looks
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Erin Troutman

Everyone has a dream home in mind. Whether it's an historic center hall colonial or a contemporary bi-level, I will try to help make your home ownership dreams a reality. U.S. Bank has been in the mortgage business for decades, so I have the resources to answer questions like: How much should I put
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Matthew Lindenbaum to be Director Nominee of Bridge Bancorp, Inc. and BNB Bank Receives …

Title insurance services are offered through BNB's wholly owned subsidiary, Bridge Abstract. Bridge Financial Services, Inc. offers financial planning and investment consultation. For more information visit www.bridgenb.com. BNB has a rich tradition of involvement in the community, supporting programs
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AT&T Tried to Settle With Federal Government Over Time Warner Merger. Here's What Happened

The Department of Justice and AT&T have held unsuccessful settlement talks over the wireless and pay-TV company's bid to buy movie and TV show maker Time Warner, the two sides said in a court filing on Friday. The Justice Department has sued to stop AT&T, owner of DirecTV and the No.
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UBS CMBS bond trader denies telling analyst to skew reports

UBS Group AG's head trader for commercial mortgage-backed securities denied claims of trying to influence research reports published by the Swiss bank's former senior strategist for those products. David McNamara testified on Dec. 14 at a trial brought by former CMBS strategist Trevor Murray, who
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Tcp Direct Lending Feeder Viii – L (Ireland) Filing. Michael Buckley Filed Dec 15 D Filing

The California-based Tcp Direct Lending Feeder Viii – L (Ireland) filed form D for $21.72 million offering. This is a new filing. The raised $21.72 million. The offering is still open. The total offering amount amount was $21.72 million. The private offering document was filed on 2017-12-15. Tcp Direct
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Austin home sales fall for third month in a row — what it means for 2018

Slowing job growth in Central Texas, the impact of Hurricane Harvey on the price of building materials and housing development costs, and the overhaul of the U.S. tax plan are all factors that could hinder housing market growth and negatively impact housing affordability in the Austin area in 2018.”.
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An Anonymous Bitcoin Millionaire Is Donating Their Fortune to Charities and It Seems Legit

'Tis the season for giving, and one Bitcoin investor claims to be giving away the majority of their cryptocurrency holdings after experiencing an incredible year. The unnamed donor has set up a fund to hand out $86 million worth of Bitcoin to various charities, and they've already started listing the
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How to Avoid Buying More Home Than You Can Afford

Mortgage lenders understand life doesn't always go perfectly. Stuff happens. That's why one of the lending checks is to make sure your budget isn't stretched so thin that a temporary life event puts the affordability of your home in jeopardy. For that reason, you have to have reserves in order to qualify for
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Senators look for Fannie-Freddie competitors

A pair of U.S. senators is determined to entice more companies to compete with Fannie Mae and Freddie Mac in the housing-finance market. If no rivals develop, the mortgage-finance giants could remain where they are now: under government control. A plan being developed by Republican Bob Corker
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Tech upgrades boost HSBC's agency lending business

The firm revamped its sec lending platform back in January in a bid to automate how it interacts with borrowers and improve returns.
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MIT Researchers Have Created Glowing Plants That Might One Day Replace Lights

Researchers at MIT have created plants that glow, a development they hope can be used in the future to replace things like street lamps or a night light beside your bed. In a paper recently published in the journal Nano Letters, researchers detailed how they embeded plants with nanoparticles that use
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Ruoff Mortgage gets $5.8 million tax credit for $36.7M headquarters in downtown Fort Wayne; hotel …

Ruoff Mortgage gets $5.8 million tax credit for $36.7M headquarters in downtown Fort Wayne; hotel gets credit too … Thursday approved a $5.88 million Community Revitalization Enhancement District (CReED) tax credit for Ruoff Mortgage, which is considering construction of a new headquarters in
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Guaranteed Rate Sells Large Stake to a Boston-Based Private Equity Firm

Guaranteed Rate, the Chicago-based mortgage lender, announced plans this week to sell a large stake of the company to Boston-based private equity firm Thomas H. Lee Partners. The firm is making an investment that's believed to be worth more than $100 million, according to Crain's, who first
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Signs of thaw in Atlantic County's frozen property market

Shawn M. O'Brien, operating principal of Keller Williams Realty Atlantic Shore, visits a foreclosure home on Willow Drive in Northfield. …. According to ATTOM, home sales for the third quarter of 2017 slowed from the third quarter a year ago, but the median sales price fell only slightly, from $150,000 last
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Mortgage Rates Hold Recent Lows

Mortgage rates moved slightly lower today, despite movement in bond markets that would have suggested otherwise. The paradoxical strength is likely due to the fact that bonds improved faster yesterday without mortgage lenders adjusting rate sheets accordingly. In other words, we began the day with
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