Borrowers taking out new-construction loans from homebuilder mortgage affiliates are seeing a tangible discount in their rates compared to customers of other lenders, thanks to buydowns, according to a new index.  Processing Content The spread in locked rates between 30-year loans from builder subsidiaries and originations coming from non-builder lending companies grew to as wide […]

Key takeaway: Dime Commercial Bancshares in New York is eyeing additional expansion in New Jersey after opening a branch in one of the Garden State’s fastest-growing municipalities.  Supporting data: As Dime shifts to a commercial business model, its once-dominant multifamily portfolio continues to shrink, falling below 30% of total loans on June 30. Expert quote:

Two Harbors Investment is fighting fire with fire, calling the lawsuit filed by UWM Holdings Corp. over their failed merger “frivolous” and saying its misgivings regarding the Pontiac, Michigan-based company have “been thoroughly vindicated.” Processing Content UWM filed its case in the U.S. District Court of Maryland, alleging willful breach of contract and fraud, seeking