Despite ongoing growth in net interest income, economic concerns surrounding the Iran War contributed to a first-quarter loss for Angel Oak Cos.’ publicly traded real estate investment trust, company leaders said. Processing Content The lender, which specializes in buying and selling non-qualified mortgages in secondary markets, posted a GAAP loss of $7.4 million in the […]
Iran war fears push Angel Oak REIT to Q1 loss Read More »
CrossCountry Mortgage has put out its own response to the latest statements from UWM Holdings regarding the financing conditions of their respective offers for Two Harbors. Processing Content UWM has made a cash or stock offer, but only the cash portion is for a set price of $12 per share. Meanwhile Two Harbors has an
CrossCountry responds to UWM’s comments on TWO deal Read More »
US new-home sales rose in March by more than forecast as the median selling price slid to a more than four-year low and builders offered incentives. Processing Content New single-family home sales increased 7.4% from February to an annualized 682,000 pace, the fastest this year, according to government figures out Tuesday. The median estimate in
New-home sales increased in March to fastest pace of year Read More »