Cornerstone Capital Bank in Houston announced it has launched a new qualified retirement plan that invests in its parent company’s stock and allows employees to share in ownership. Processing Content Company team members, including those in affiliated business arrangements, will be eligible to participate in the employee stock ownership plan. Joint venture and real estate […]

New-home purchase originations surged in March, waving off wartime macroeconomic concerns to set a record high, even as signs of a construction slowdown emerged.  Processing Content Applications for newly purchased homes accelerated 11% year over year, according to the Mortgage Bankers Association’s monthly builders survey. Compared to February’s more subdued activity, volumes popped upward by

Purchase activity soared to kick off the spring market this year as climbing rates didn’t dampen momentum over last year’s tepid start.  Processing Content Those mortgage locks in March were up 38% from February and 20% greater from the same time last year, according to Optimal Blue’s latest Market Advantage Report. Home buyers accounting for