Redfin Reports Second Quarter 2023 Financial Results – Redfin – Investor Relations

Redfin Reports Second Quarter 2023 Financial Results – Redfin – Investor Relations

We also run the country's #1 real estate brokerage site. Our home-buying customers see homes first with same day tours, and our lending and title
See Original Article

Rocket rebounds to 2nd-quarter profit from spring home sales – The Detroit News

That combined with strong economic reports and credit downgrades by Fitch Ratings of the United States government, Fannie Mae and Freddie Mac are
See Original Article

Feds file to foreclose on troubled Kenwood affordable apartment building | Evening Digest

Now, Freddie Mac is seeking a court order that would force Apex to sell Ellis Lakeview and pay its mortgage back in full, with interest, as well as
See Original Article

Tupperware, Lenders Agree to Restructure Debt Obligations Amid Turnaround Efforts

Tupperware Brands finalized an agreement with its lenders to restructure its existing debt obligations as it works to continue its turnaround
See Original Article

Southwest Pilots Lose Bid to Be Freed From Contract Talks (1) – Bloomberg Law News

… Southwest Airlines Pilots Association , signaling on Wednesday it didn't agree with the union's view that further meetings would be fruitless.
See Original Article

Mortgage Rates Near 23 Year Highs. Is There Any Hope?

Nonetheless, many mortgage lenders are definitely forced to be quoting rates in the mid 7's right now. Our 7.2% index represents a “top tier” scenario
See Original Article

Will Sweden's Woes Shake Europe's Real Estate Markets? | AB – AllianceBernstein

This makes Swedish banks highly sensitive to CRE market developments, given their above-average exposures to the property market (Display). Sweden Is
See Original Article

Banks face 'very large' fines if they close customers' accounts over political views – Sky News

Mr Hunt said regulations already exist that ban banks from closing accounts … has written to the FCA about my case and the issue of de-banking.
See Original Article

Fitch Downgrades Fannie Mae, Freddie Mac – SWFI

What's old is new, as concerns mount about U.S. debt and government-backed mortgage giants Fannie Mae and Freddie Mac, all of which Fitch has now
See Original Article

How Quawntay 'Bosco' Adams Turned Misfortune Into Fortune – Black Enterprise

Quawntay 'Bosco' Adams has turned his life around after being sentenced to 35 years in prison to having a movie made about him.
See Original Article

Barrie-area woman watches mortgage payments go from $2850 to $6200, forced to sell

Cora Cook says her family is forced to sell their dream home less than two years after moving in, after their mortgage payments doubled.
See Original Article

Foreign purchases of U.S. homes fell in the last year – The Business Journal

The National Association of Realtors reported that foreign buyers purchased $53.3 billion worth of existing U.S. homes from April 2022 through
See Original Article

Zillow pays $35M for Boston-founded real estate tech startup

Real estate website Zillow Group acquired a software startup that launched in Boston in 2019. Zillow Group Inc. paid approximately $35 million to
See Original Article

Ticker: Saudis extend oil cuts; Mortgage rates tick higher – Boston Herald

The average rate on 15-year fixed-rate mortgages, popular with those refinancing their homes, climbed to 6.25% from 6.11% last week. A year ago, it
See Original Article

Fitch actions cast Fannie Mae, Freddie Mac conservatorships in new light

Capital Markets Editor, National Mortgage News. twitter · mailto · linkedin. For reprint and licensing requests for this article, click here.
See Original Article

The EU Foreign Subsidies Regulation: New Rules for All Companies Active in the EU

as of 12 October 2023, all companies must notify FFCs when involved in certain concentrations and Member States public procurement proceedings. Ex
See Original Article

ABA, TBA ask CFPB to delay 1071 compliance dates for all banks

TBA and ABA today asked CFPB Director Rohit Chopra to use his discretion to apply the Section 1071 stay to all FDIC-insured banks.
See Original Article

Mortgage rates climb toward 7% after America's credit rating was downgraded – KTEN

The 30-year fixed-rate mortgage averaged 6.90% in the week ending on August 3, up from 6.81% the week before, according to data from Freddie Mac
See Original Article

Banks keep up high use of new Fed lending program after spring turmoil – Reuters

… U.S. banks are still heavily using an emergency lending facility set up by the Federal Reserve to help depository institutions meet withdrawal
See Original Article

Lument Finance Trust Announces Quarter-End Earnings Release and Investor Call Dates

LFT is a Maryland corporation focused on investing in, financing and managing a portfolio of commercial real estate debt investments. The Company
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.