Optimal Blue sees June mortgage lock volume up 10%
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…
The Altadena neighborhood in Los Angeles was ravaged by the wildfires of January 2025, and according to a report by nonprofit news website CalMatters, it may get a reprieve from two of California’s marquee housing laws. CalMatters said that a bill to temporarily exempt the fire-torn community recently sailed through back-to-back Assembly hearings. It said…
Major renovations on aging buildings require delicate structural work, particularly when developers add floors, cantilever new sections or redistribute loads through an existing frame. Structural engineers say those projects demand extensive analysis to ensure existing structures can safely support new weight and altered load paths. When something is overlooked in the design, engineering or construction…
Key takeaway: Buying Arc will give Axos access to thousands of early-stage and mid-market tech firms, as well as valuable AI technology the bank can use to sharpen its small business-product set. Supporting data: The deal comes about three months after Capital One closed its $5 billion acquisition of Brex, which has an AI-native payments…
An analyst recommends investors take advantage of the “enhanced” buying opportunity brought upon by sustained underperformance.
MIAMI, July 8, 2026 /PRNewswire/ — This August, Miami residents will vote on the future of the Miami Marine Stadium on Virginia Key, one of the city’s most recognizable waterfront landmarks and a long-dormant piece of its public shoreline. Bring Back Marine Stadium Press Event Built in 1963 and shuttered following Hurricane Andrew, the Marine…