First National mortgage volumes fall 12% as housing activity slows

Higher renewal volumes partially offset weaker new business, while mortgages under administration increased to nearly $170 billion.

Higher renewal volumes partially offset weaker new business, while mortgages under administration increased to nearly $170 billion.
Kraft Heinz (KHC +0.51%) is a top food company whose business has been struggling in recent years. Its returns have been atrocious as its valuation has plummeted 35% in five years. But amid the decline, its yield has shot up to around 6.3%, potentially still making it an attractive option for dividend investors. It’s also…
Joyce Huston, the lead interior designer and a cofounder of Decorilla, told BI she’s over neutral interiors and prefers seeing homes that incorporate personality and drama. She’s an especially big fan of the Western Gothic style, which combines dark color palettes with vintage designs and textures. “Western Gothic is the trend I’m hoping to see…
Massachusetts has long been at the forefront of innovation, from early internet companies to the biotech boom to emerging sectors like green energy and artificial intelligence. Now, it is looking to step up its game on defense. President Donald Trump‘s administration has increased defense spending to record levels, and as the conflict in Iran rages…
That is where the numbers get large. For Dynasty Power, an energy trading business, the court noted shareholders’ equity of about $17 million at the end of 2017 had grown to about $376 million by the end of 2024, with an additional $158 million paid out to shareholders over that span. Because the firm funds its trading…
In my opinion, no asset class is driven more by public policy than municipal securities. Federal or state policy initiatives determine everything from taxes levied upon income, property, and consumer sales to the coveted tax exemption on municipal bonds. Funding priorities and competing allocations of critical, yet thinning, resources for infrastructure and other essential purpose…
M&T Realty Capital Corporation (M&T RCC) closed on a $141.4-million bridge loan for Anagram Turtle Bay, a newly constructed 194-unit multifamily community located at 300 E. 50th Stt. in Manhattan’s Turtle Bay neighborhood. The financing was provided to an ownership group led by Global Holdings, MAG Partners and Safanad. The three-year bridge loan, which includes…