President Donald Trump has been considering declaring a National Housing Emergency over the past few weeks, and some housing organizations are putting in requests for items to be included. The Community Home Lenders of America and the Community Associations Institute jointly asked the administration Wednesday to allow the Federal Housing Administration to insure loans on […]
Housing organizations call for condo loan flexibility Read More »
The Federal Open Market Committee’s decision to meet broad expectations for a 25 basis point cut might not give many people in the market for a home loan the break they anticipated. “What does that do for mortgage rates? I think we’ve already seen that show up. The last three, four weeks, we’ve seen mortgage
Fed cuts but only some mortgage rates are moving lower Read More »
In its second transaction this month, Rithm Capital took steps to further diversify its business, this time buying office property real estate investment trust Paramount Group for $1.6 billion. It will pay $6.60 for each Paramount share, funding by cash and liquidity from the balance sheets of both companies. The company also spoke of potential
Rithm purchasing commercial REIT Paramount Group for $1.6B Read More »