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Why Dynex bet on spec pools as AI refi risk looms

Dynex Capital has been increasingly investing in specified pools as part of a strategy that drove consensus-beating earnings to common shareholders in the second quarter, highlighting some broader trends related to prepayment protection. Processing Content The real-estate investment trust generated $178.4 million in net income to common shares during the period, beating the S&P Capital […]

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Lenders: Teamsters’ new HomeAhead is a referral pipeline

The International Brotherhood of Teamsters is introducing a union-backed homeownership program to provide educational resources and lender discounts to help its members qualify for a mortgage loan.  Processing Content Called HomeAhead, the initiative will be administered by Union One, the organization responsible for introducing and expanding benefits for workers of different labor groups. The financial

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Redfin adds weather data to every home listing

Redfin has partnered with The Weather Company to display local weather data on every for-sale home listing across the Redfin iOS and Android apps.  Processing Content Homebuyers now have zip-code level metrics on average temperature, precipitation, snowfall, humidity and UV index directly on listing pages in an effort to help shoppers understand what it’s like

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