National home-price growth is slowing as 2025 comes to an end, while economists anticipate affordability to improve in the new year, multiple reports found. Processing Content The Federal Housing Finance Agency’s index increased 0.4% in October on a seasonally-adjusted monthly basis and 1.7% from a year ago. Prices jumped 1.3% monthly and 1.4% annually on […]
Home-price appreciation slows toward end of year Read More »
A federal judge has barred eight former Union Home Mortgage employees from originating loans in their local cities, a win for the lender in an ongoing lawsuit. Processing Content The multichannel lender sued its ex-branch managers and loan officers this year after they moved to American Pacific Mortgage in January. The plaintiff firm accused its
LOs hit with temporary bans in Union Home Mortgage case Read More »
Key insight: The deal is expected to create a $23 billion-asset company with operations focused around New Jersey and New York. What’s at stake: OceanFirst is vowing to reduce its commercial real-estate concentration, which was already hefty and will grow larger following the completion of the Flushing transaction. Forward look: Warburg Pincus will make a
OceanFirst to buy Flushing Financial, raise $225M from Warburg Pincus Read More »