The private equity markets are going big on the mortgage business. In the past week alone, five funding announcements regarding real estate finance-related businesses demonstrated that investors are pouring tens of millions, hundreds of millions and even billions into them. If all goes well, these companies could one day go public — as was speculated after
Here is a look at the five transactions:
Fifteen percent of residences had three or more structures, which can go undetected by insurers even when they identify a secondary structure.
The Federal Reserve will seek comment on the current stress-testing regime with an eye toward increasing transparency and reducing volatility. Modifications would not go into effect until at least 2026.
The watchdog accuses Rocket Homes and The Mitchell Group brokerage of initiating a plan to generate origination business for Rocket Mortgage.
A Washington, DC tax accountant pleaded guilty for submitting falsified documents in his application for a $1.4 million purchase loan, which he later received.
The scorecard the Federal Housing Finance Agency draws up yearly applies to two influential loan buyers and an entity overseeing the fungibility of their bonds.
The industry agenda calls for amending longstanding rules like loan officer compensation, to nixing Biden-era plans trade groups say hurt both consumers and industry players.
