Union Home Mortgage buys AmeriTrust assets, expands non-QM
Average rents outside London rose by 1.9% over the second quarter after a fall in the supply of available properties, the latest index from Rightmove reveals. The average advertised rent outside the capital reached a record £1,397 per month in Q2, which was 2.3% higher than the same quarter last year. Within London, rents were…
In the current higher-for-longer interest rate regime, more fixed income investors are seeking alternate paths to diversify their income sources. One option that may not have yet considered is private credit or more specifically, the Simplify Private Credit Strategy ETF (PCR) . PCR offers a compelling alternative or complement to traditional corporate bonds by providing…
Wave Digital Assets co-founder Les Borsai argued bitcoin bonds will allow traditional investors to invest in cryptocurrency, while lending more credibility to the crypto industry. But the New Hampshire executive council didn’t want to lend its credibility to crypto.Bloomberg News A New Hampshire executive council blocked a plan by a conduit issuer to sell municipal…
NewPoint Real Estate Capital has originated a $34.6 million floating-rate bridge-to-agency loan for the acquisition and planned conversion of Clarion Collection Arlington Court Suites, a 187-unit property located in Arlington, Virginia. The bridge loan, which was used to finance the purchase of the extended-stay hospitality property, includes future funding for capital improvements and is structured…
On-demand pay was supposed to address a straightforward mismatch. Employees earn money every day, but traditional payroll systems release it every one or two weeks. When a car repair, utility bill or medical expense arrives between paychecks, workers may be forced to borrow even though they have already performed enough work to cover the cost….
The thrill of closing a deal, meeting new clients, and showcasing homes is why many of us love being real estate agents. But what happens when excitement turns to unease? What if that “interested buyer” turns out to have other intentions? What do you do when you’re in a vacant home with a stranger, and…