Author name: Ricky Vasquez

Pre-IPO Equity and Mortgage Underwriting for Qualified Borrowers

SpaceX went public on Nasdaq in June and raised $85.7 billion once underwriters exercised their overallotment, the largest offering ever completed. One pre-IPO trading platform estimated ahead of the listing that roughly 4,400 current and former employees would clear a million dollars in stock. Very few of those employees could walk into a conventional loan […]

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Florida Amendment 3 and MSR Values for Servicers

Florida’s push to lower property taxes is being framed as an affordability measure for homeowners. But for mortgage servicers, the proposed change could have significant consequences for income generated from escrow custodial balances and, ultimately, for the value of mortgage servicing rights. Florida Amendment 3, which will go before voters in November 2026, would increase

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DR Horton fights RICO suit over lowballed escrow estimates

D.R. Horton is tapping the full legal playbook to challenge a class action racketeering lawsuit plaintiffs say could encompass tens of thousands of homeowners.  Processing Content The nation’s largest home builder last week filed a motion to compel arbitration with the home buyers suing the company and its mortgage arm over its underwriting practices. The

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