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  • [ December 21, 2024 ] Retail Chain Party City is Going Out of Business Weely Real Estate News
  • [ December 20, 2024 ] D.R. Horton to Launch New Master-Planned Community in Utah Weely Real Estate News
  • [ December 20, 2024 ] Hits and Misses for the Real Estate Week of Dec. 16-20 Weely Real Estate News
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HSBC
Economy

Mortgage News: HSBC Reprices Deals After Competitive Rates Trigger Business Surge

June 27, 2023 Mark Paul Cervantes Comments Off on Mortgage News: HSBC Reprices Deals After Competitive Rates Trigger Business Surge

27 June: TSB Joins Throng Of Lenders Hiking Cost Of Borrowing HSBC is increasing the cost of its fixed rate mortgages from tomorrow (28 June), following Santander, Virgin Money and TSB, writes Jo Thornhill.  A spokesperson […]

Housing Wire

Mike Darne on how lenders can use credit to win more business and improve profitability

April 25, 2023 Mark Paul Cervantes Comments Off on Mike Darne on how lenders can use credit to win more business and improve profitability

Executive Conversations is a HousingWire web series that profiles powerful people in the financial industry, highlighting the operations and the people that make this sector tick. In the latest installment, we sit down with Mike […]

Housing Wire

Opinion: The power of saying no in business

April 13, 2023 Mark Paul Cervantes Comments Off on Opinion: The power of saying no in business

I have often found that where technology and financial services come together, the no’s are necessary. As such, shouldn’t we learn to make them happen productively? Saying no is an inevitability — or rather, it […]

Housing Wire

CFPB launches inquiry into data brokerage business practices

March 16, 2023 Mark Paul Cervantes Comments Off on CFPB launches inquiry into data brokerage business practices

The Consumer Financial Protection Bureau (CFPB) announced this week that it is launching an inquiry into the business practices of data brokerage firms to learn whether their impact on consumers can inform planned rulemaking under […]

Housing Wire

Stewart acquires FormFree’s AccountChek business

March 1, 2023 Mark Paul Cervantes Comments Off on Stewart acquires FormFree’s AccountChek business

Publicly traded title insurance giant Stewart Information Service Corporation has acquired AccountChek, a digital verification service for assets, income and employment, from solutions provider FormFree. Terms of the deal were not disclosed. The move gives […]

Weely Real Estate News

Growing your real estate business abroad? Consider a helping brand

February 28, 2023 Mark Paul Cervantes Comments Off on Growing your real estate business abroad? Consider a helping brand

The post Growing your real estate business abroad? Consider a helping brand appeared first on Weekly Real Estate News.

Goldman Sachs
Financial Markets

Goldman Sachs mulls ‘strategic alternatives’ for consumer business after missteps

February 28, 2023 Mark Paul Cervantes Comments Off on Goldman Sachs mulls ‘strategic alternatives’ for consumer business after missteps

NEW YORK, Feb 28 – Goldman Sachs Group Inc’s (GS.N) Chief Executive David Solomon said the company is considering “strategic alternatives” for its consumer business after stumbles led to billions of dollars in losses. Solomon did […]

Corp
Financial Markets

News Corp says $4.4 billion deal to sell US real estate business Move is off

February 22, 2023 Mark Paul Cervantes Comments Off on News Corp says $4.4 billion deal to sell US real estate business Move is off

A month after abruptly halting plans for a potential merger of its major media companies Fox Corporation and News Corporation, Rupert Murdoch’s business empire said it’s no longer involved in discussions to sell its real-estate listings business […]

Housing Wire

FOA agrees to sell commercial lending business to Roc Capital

February 21, 2023 Mariel Alumit Comments Off on FOA agrees to sell commercial lending business to Roc Capital

Finance of America Companies (FOA) has entered into an agreement to sell the operational assets of its Finance of America Commercial vertical to Roc Capital Holdings LLC. The deal will offload an FoA subsidiary division […]

Housing Wire

Black Knight to sell Empower loan origination software business?

February 10, 2023 Mariel Alumit Comments Off on Black Knight to sell Empower loan origination software business?

Black Knight has decided to sell its loan origination software business Empower in a bid to save the $13 billion deal with Intercontinental Exchange Inc (ICE), Reuters reported, citing sources familiar with the matter. The […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

Daily Real Estate News

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