Mortgage rates had a tough day on Friday, largely in response to bond market volatility surrounding heavy forex trading as a part of US/Japan efforts to prop up Japanese currency (not a common source of inspiration for rates). Higher oil prices didn’t help. As we begin the new week, de-escalation in the Iran war pushed […]
Mortgage Rates Roughly Unchanged Despite Bond Market Improvement Read More »
Vishal Garg will no longer lead Better, the company has announced. Processing Content The founder and former CEO was replaced Monday, days before the company is scheduled to post its second quarter results. Newly tapped board member Daniel Lewis, a hedge fund boss, will replace Garg as CEO on an interim basis immediately, the company
Better replaces Vishal Garg, taps hedge fund boss as CEO Read More »
Zions Bancorporation has completed its purchase of the agency multifamily lending platform owned by Basis Multifamily Finance I, including staff and mortgage-servicing rights. Processing Content The price paid, as well as other terms of the deal, were not disclosed. The deal was first announced in March. Basis Multifamily Finance I was a subsidiary of Basis
Zions closes Basis buy, expanding agency multifamily Read More »