Vishal Garg is fighting to regain control of the company he founded.  Processing Content The former Better Home & Finance CEO issued a press release Thursday evening, claiming he’s secured signed declarations from shareholders representing a majority vote supporting his return plan. Garg demanded that all but two other board directors resign, that he would […]

Mortgage rates dropped noticeably on Thursday on a combination of lower oil prices and a lower inflation reading via the Producer Price Index (PPI). Rates are driven by bonds and bonds are highly responsive to the outlook for inflation and the economy. The Iran war caused inflation implications to spike and the periodic relief in

The nation’s affordable-housing shortage is fueling a fast-growing corner of the municipal bond market, as lenders securitize portfolios of multifamily mortgages to free up capital for new loans. Processing Content The structure, popularized by Citigroup Inc., allows issuers in the tax-exempt market to package mortgages across multiple properties rather than finance a single development, then