New data showed contrasting signals for the U.S. housing market, as home equity levels hit record highs, showing sustained strength, while noticeable heightened stress affected certain segments of borrowers, according to ICE Mortgage Technology. Processing Content Accrued equity among mortgage holders accelerated to $18 trillion for the first time on record in July, the home […]

TPG Mortgage Investment Trust is acquiring Cherry Hill Mortgage Investment Corp. in a deal that will create a larger non-agency portfolio. Processing Content The combined companies will run an investment portfolio of $9 billion, 72% of which will be composed of non-agency residential credit, they said Monday. The cash-and-stock deal by TPG, which trades under

Buyers are paying up for homes with more space and a favorable commute, providing  opportunities for lenders in select areas. Processing Content The 10 hottest ZIP codes in the United States were all located in the Northeast and Midwest, led by 01960 in Peabody, Massachusetts; 07042 in Montclair, New Jersey; and 08080 in Sewell, New