The North Carolina-based firm has that has traded more than $420 million in SFR assets in the last three years and closed more than $27 million in the beta phase of the new platform.
Read More »Rising Home Equity, Outstanding Mortgage Debt Indicate a Healthy Housing Market
Home equity and outstanding mortgage debt for single-family properties both increased for the first time in a decade.
Read More »Despite Hurdles, Profits Jump for BNY Mellon and BankUnited
Both banks faced their own challenges in 2015, which included an RMBS lawsuit for BNY Mellon and a "lack of scale" for BankUnited, but they still saw substantial gains in earnings.
Read More »Ten-X Promotes Rick Sharga to Chief Marketing Officer
Online real estate marketplace Ten-X (formerly Auction.com) has announced that the company’s EVP, Rick Sharga, has been promoted to the position of chief marketing officer.
Read More »Gilbert Garcia Group Changes Office Location
Gilbert Garcia Group, P.A., and her sister company Sapphire Title and Escrow Company, a full service law firm and title insurance company in Florida, announced that they have moved their offices to a new location.
Read More »Hughes Watters Askanase Relocates Houston Office
Hughes Watters Askanase, LLP (HWA), a full service commercial law firm, recently announced that it has relocated its offices to the Total Plaza, downtown Houston, Texas.
Read More »Clayton Holdings Opens New Silicon Valley Office
Clayton Holdings LLC, a provider of loan due diligence, surveillance, REO management, and consulting services to the mortgage industry, recently announced that it has opened a consulting office in Silicon Valley.
Read More »Freddie Mac, Lenders One Partner to Help Mortgage Bankers in 2016
Freddie Mac and the Lenders One Mortgage Cooperative recently partnered to help mortgage bankers boost their business in 2016.
Read More »Freddie Mac Drops Suit Against Deloitte
The GSE filed the suit in September 2014 accusing the accounting firm of "gross negligence" regarding the auditing of certain mortgage loans Freddie Mac purchased from Taylor Bean & Whitaker before the housing crash.
Read More »RMBS Settlement Cuts Into Goldman Sachs’ Profits
The investment banking firm's Q4 and full year 2015 earnings took a big hit as a result of the $5 billion residential mortgage-backed securities settlement announced last week.
Read More »