-
Mortgage And Property Finance Giant's $354M Portfolio: Growth Amid Cannabis Sector Volatility
Friday, April 12, 2024 - 10:00am | 833In a recent equity research report by Zuanic & Associates, Chicago Atlantic Real Estate Finance (NASDAQ: REFI) showcases resilience and growth within the volatile cannabis sector. Pablo Zuanic, senior analyst, highlights REFI's premium trading status over mortgage REITs, underpinned by its...
-
Bringing Down The House
Friday, September 15, 2023 - 10:32am | 321Unfortunately, I must let you know Betty White, Queen Latifah, Steven Martin, and Eugene Levy are not the stars in this article, but the current housing market is. Not too long ago, we were in a euphoric period with record-low interest rates, and now that's all come to a screeching halt. There...
-
Comerica Hurt by Rising Expenses, To Gain From High Rates
Friday, May 26, 2023 - 1:00pm | 520Steadily rising non-interest expenses will likely continue to hurt Comerica Incorporated's (NYSE: CMA) bottom-line growth. Also, a lack of loan portfolio diversification may hurt amid an uncertain economy and competitive markets. Nonetheless, rising loan balances are expected to aid growth...
-
Amazon Employees, Use Your Stock To Unlock Your Dream Home: Here's How
Wednesday, March 1, 2023 - 5:14am | 498Amazon.com Inc. (NASDAQ: AMZN) employees will soon have the option to use their company shares as collateral when buying homes, under an arrangement with online mortgage lender Better.com. What Happened: Better.com has partnered with the e-commerce giant to offer an arrangement...
-
Rocket Companies Q3 Earnings Highlights: Revenue Beat, Record Closed Loan Volume, Solar Update And More
Thursday, November 4, 2021 - 5:35pm | 402Rocket Companies Inc (NYSE: RKT) reported third-quarter financial results after market close Thursday. Here are the highlights from the report. What Happened: Rocket Companies reported adjusted third-quarter revenue of $3.16 billion, beating a street consensus of $2.93 billion. Quarterly earnings...
-
LoanDepot Seeks NYSE IPO Listing Amid Mortgage Boom
Tuesday, January 12, 2021 - 6:44am | 407In its latest filing with the Securities and Exchange Commission on Monday, mortgage lending company LoanDepot Inc disclosed its plans to go public with a listing on the New York Stock Exchange under the symbol LDI. What Happened: The recently filed preliminary prospectus does...
-
Quicken Loans Is Now The Largest Home Lender In The US
Thursday, February 1, 2018 - 4:37pm | 343Quicken Loans announced Thursday it surpassed Wells Fargo & Co (NYSE: WFC) in fourth-quarter retail mortgage volume to become the largest residential mortgage lender in the United States. Quicken recorded 25 billion retail mortgages, while Wells Fargo posted 23 billion, Bank of America Corp (...
-
Dept. Of Housing And Urban Development Has Suspended Plan To Offer FHA Premium Cut
Monday, January 23, 2017 - 11:48am | 303Less than one hour after Donald Trump was officially sworn into office on Friday, the Department of Housing and Urban Development suspended plans for a mortgage insurance rate cut on Federal Housing Administration (FHA)-backed mortgage loans. Last Week Vs. This Week In the final days of the Obama...