China Builders Face First Investor Test in Resumed Equity Sales – Bloomberg.com
China’s cash-strapped property developers are set for the first major test of investor demand after policy makers lifted restrictions on local …
Real Estate Broker/Agency News
China Builders Face First Investor Test in Resumed Equity Sales – Bloomberg.com
Shanghai Shimao said it will use the money for housing projects, debt repayment and working capital. Read more … China’s November Property Sales …
Due diligence for real estate M&A transactions in Japan – Lexology
Like other combinations or share-purchase transactions, in real estate acquisitions, lawyers, accountants and tax accountants conduct due …
I-Sales Recap: Madison Realty Nabs Brooklyn Hotel Site for $32M – The Real Deal
Four transactions involving mid-market commercial properties valued … Madison Realty’s pickup of Williamsburg hotel site tops midsize i-sales.
Property Management Software Fortress Makes Key Sales, Marketing, Product & Client Service Hires
Nashville, Tennessee (PRWEB) November 29, 2022 — Fortress, a real estate technology firm that creates property management software solutions for …
Voxtur CEO on progress in the housing industry
The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s TECH100 award are now open through Friday, December 23, 2022. Click here to nominate your organization. Each year, the TECH100 awards recognize the 200 most influential tech companies
NAMB launches roadshow with Freddie Mac and Rocket
The National Association of Mortgage Brokers (NAMB) announced a series of roadshows in partnership with Freddie Mac and Rocket Pro TPO, starting Dec. 8 in St. Louis, Missouri. The events will feature speakers focused on professional development for loan originators to grow their business and what is likely to happen
Mortgage demand dropped last week despite a decline in rates
Mortgage rates dropped last week, but it wasn’t enough to spur mortgage demand. The market composite index, a measure of mortgage loan application volume, declined 0.8% for the week ending November 25 after rising 2.2% from the previous week, according to the Mortgage Bankers Association. The index fell by a
$1 million conforming loan limit reignites affordability debate
The conforming loan limit for mortgages backed by Fannie Mae and Freddie Mac will pass the $1 million mark for the first time in 2023, reigniting a debate about the government’s role in the mortgage market and its persistent affordability challenges. Meanwhile, desperate for volume in a high-rate environment that’s
The war for top talent and why LOs move shops
Given the market contraction and numerous layoffs in the industry, it may be surprising to think that loan officer recruitment and retention could be a focus for some lenders and independent mortgage banks right now. But due to the reduction of volume, it’s extremely important for lenders and IMBs to
Study reveals alarming inequality trend for Black, Native American borrowers
Mortgage fairness for Black and Native Americans is no better today than it was 30 years ago, according to a new mortgage fairness report. The report, issued by “fairness-as-a-service” solution firm FairPlay AI, was based on a study of more than 350 million mortgage applications from 1990 to 2021. The
Conforming loan limit jumps: government will back loans over $1M
The Federal Housing Finance Agency (FHFA) on Tuesday announced that the baseline conforming loan limit for mortgages backed by Fannie Mae and Freddie Mac in 2023 will be $726,200, an increase of 12.21%, or $79,000, compared to 2022. Through the government sponsored enterprises, the federal government for the first time
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Truth Delta: Opinion & Editorial
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