The post Real Estate Rebound: Demand for New Mortgages Jumps 28% in One Week appeared first on Weekly Real Estate News.
Real Estate Rebound: Demand for New Mortgages Jumps 28% in One Week
Weely Real Estate News
UMH Properties and Nuveen Real Estate in Manufactured Housing Joint Venture
UMH Properties Inc. (NYSE: UMH) has expanded its partnership with Nuveen Real Estate, a TIAA company, by way of a new joint venture. According to the companies, the joint venture focuses on the development of […]
Commercial Real Estate
Jamie Dimond warns of a commercial real estate downturn
New YorkCNN — Economists are concerned about the $20 trillion commercial real estate (CRE) industry and so is JPMorgan Chase CEO Jamie Dimond. The regional banking crisis is having a knock-on effect on commercial real estate lending, […]
Loan Markets
Independent Mortgage Banks See Big Drop in Revenue & Profits
IMBs reported a net gain of $223 per originated loan in 1Q 2022, down from $1,099 per loan in the previous quarter. KEY TAKEAWAYS Average pre-tax production profit was 5 basis points (bps) in the […]