Sales of previously owned US homes barely rose in April from a nine-month low, underscoring a sluggish housing market at the start of the spring-selling season. Processing Content Contract closings edged up 0.2% to a 4.02 million annualized rate, according to National Association of Realtors data out Monday. That was slightly slower than the median […]
US home resales barely rise as key selling season begins Read More »
After CrossCountry Mortgage matched its $12 per share cash offer for Two Harbors Investment, UWM Holdings raised its bid by 50 cents, saying it provides “clearly superior value.” Processing Content The latest bid was disclosed Monday morning before the markets opened. However, for those looking to take the stock option, this has remained unchanged at
UWM raises Two Harbors offer again, this time by 50 cents Read More »
Blackstone Inc., one of the largest institutional owners of single-family homes in the US, is launching a new lending platform for homebuilders. Processing Content The venture, supported by Blackstone affiliate Brio Homebuilder Solutions, aims to help build more than 50,000 homes annually so they can be sold to the public, the investment giant said in
Blackstone to offer loans to help build 50,000 US homes a year Read More »