Strategic - Real Estate Investor Pulse

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

February 28, 2023 Mark Paul Cervantes Comments Off

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 […]

Fundhomes appoints Ryan Feit as Strategic Advisor

February 25, 2023 Allen Santos Comments Off

Fundhomes announced that CEO and Founder of SeedInvest Ryan Feit joined their advisory board. Fundhomes is a fractional investing platform for real estate properties where investors can buy shares of individually acquired vacation rentals that […]

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

February 25, 2024 Comments Off

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 […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

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 data sends mortgage rates higher

February 3, 2024 Comments Off

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 […]