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Legacy Group Capital secures $180M from LibreMax Capital
The deal involves an 18-month revolving period during which principal payoffs can be reinvested to originate new loans.
Home prices expected to dip as supply and demand collide
Except for a brief dip in 2023, home prices have increased on a yearly basis since 2012, driven by a prolonged seller’s market.
Denee Evans to step down as CMLS CEO at the end of the year
Denee Evans has spent more than a decade at CMLS, joining as the trade group’s first full-time staff member in 2014.
For lower mortgage rates, finish more apartments
The best way to fight inflation and get lower mortgage rates is to get more apartment units finished and so far this has been far too slow.
Fix and flip market struggles as financing costs rise
Profit margins for fix and flip are down big-time, but savvy operators are looking at boomer migration patterns and aging housing stock for opportunities.
Inside Rocket’s strategy to win when the market turns
In an interview with HousingWire, Bob Walters and Tim Birkmeier talk M&A opportunities, the state of the market and the lender’s “bank-like” strategy to gain new business.
