The $32 Beazer bid is in, now the fight is over standstill terms
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HECM endorsements climb even as securitization slips
Endorsements of Home Equity Conversion Mortgages climbed higher in June, while securitization volume shrank, painting a mixed picture of the latest HECM trends. Processing Content New HECM endorsements grew 4.9% on a monthly basis to 2,064 transactions, rising for the first time since March, according to the latest report from Reverse Market Insight. Volumes of…
SEC Appoints John Moses as Director of the Office of Investor Education and Assistance
The Securities and Exchange Commission has appointed John Moses as Director of the agency’s Office of Investor Education and Assistance, which provides services and resources to help investors build their financial futures and protect against investment fraud. Mr. Moses joined the SEC staff in 2016 and has served in a variety of positions, including as…
First-time developer secures £2.18m for nine-flat scheme
Avamore Capital has provided a £2.18m ground-up development facility for a nine-flat residential scheme, despite the borrower having no previous construction or development experience. The transaction, arranged through broker Arose Finance, involved several challenges including the site’s location adjacent to a railway line, which required compliance with a Basic Asset Protection Agreement (BAPA). The scheme…
PBOC sets USD/ CNY central rate at 6.8054 (vs. estimate at 6.7838)
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here on this. prior close 6.7924 This article was written by Eamonn Sheridan at investinglive.com.
Elizabeth Warren Accuses Top Mortgage Regulator Bill Pulte of Abuse of Power
Sen. Elizabeth Warren has called for the resignation of Bill Pulte from his dual roles headingthe Federal Housing Finance Agency (FHFA) and the Office of Director of National Intelligence (ODNI), following a scathing report that labeled the high-ranking official “unqualified” and accused him of rampant abuses of power. “Bill Pulte has spent the last year…
Calculated Risk: MBA: Mortgage Applications Decreased Over a Two-Week Period
by Calculated Risk on 1/07/2026 07:00:00 AM From the MBA: MMortgage Applications Decreased Over a Two-Week Period in Latest MBA Weekly Survey Mortgage applications decreased 9.7 percent from two weeks earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 2, 2026. The results include an…
