Real Estate News

Publish date: May 8, 2025, 4:20 a.m.
Authors: Zacks Equity Research
Source: Zacks Commentary
Summary: Claros Mortgage Trust, Inc. (CMTG) delivered earnings and revenue surprises of 21.88% and 25.94%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
Publish date: May 1, 2025, 2:20 a.m.
Authors: Zacks Equity Research
Source: Zacks Commentary
Summary: New York Mortgage Trust (NYMT) delivered earnings and revenue surprises of 100% and 6.68%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
Publish date: April 30, 2025, 4:05 p.m.
Authors: Zacks Equity Research
Source: Zacks Commentary
Summary: Blackstone Mortgage (BXMT) delivered earnings and revenue surprises of 1,600% and 22.85%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
Publish date: April 26, 2025, 12:31 a.m.
Authors: Erica Kollmann
Source: Benzinga
Summary: The average contract interest rate for 30-year fixed-rate mortgages increased to 6.90% from 6.81% reaching the highest rate in two months. A recent Redfin report says that if the Fed were pressured into lowering rates too soon, mortgage rates would likely increase. Feel unsure about the market's ...
Publish date: April 25, 2025, 1:23 p.m.
Authors: Proiti Seal Acharya
Source: Benzinga
Summary: New York Attorney General Letitia James is fighting back after a President Donald Trump administration official referred her to the Justice Department for alleged mortgage fraud. Her lawyer, Abbe Lowell, labelled the referral "improper political retribution" and connected it to her prior legal ...
Publish date: April 10, 2025, 5:35 p.m.
Authors: Zacks Equity Research
Source: Zacks Commentary
Summary: The heavy selling pressure might have exhausted for New York Mortgage Trust (NYMT) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend ...
Publish date: April 10, 2025, 5:18 p.m.
Authors: Zacks Equity Research
Source: Zacks Commentary
Summary: PennyMac Mortgage (PMT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Publish date: March 31, 2025, 9:08 p.m.
Authors: Bram Berkowitz
Source: Motley Fool
Summary: Shares of the mortgage giant Rocket Companies ( NYSE: RKT ) were trading about 8% lower at 11:48 a.m. ET today, after the company announced plans to acquire the large mortgage servicing company Mr. Cooper Group.It's clear that Rocket is trying to consolidate and gain market share amid a ...
Publish date: March 31, 2025, 9 p.m.
Authors: Shivani Kumaresan
Source: Benzinga
Summary: Rocket expands mortgage servicing portfolio to over $2.1 trillion. The deal is expected to close in Q4 2025, pending approvals. Feel unsure about the market's next move? Copy trade alerts from Matt Maley-a Wall Street veteran who consistently finds profits in volatile markets.
Publish date: March 31, 2025, 7:18 p.m.
Authors: Bram Berkowitz
Source: Motley Fool
Summary: Shares of the mortgage-servicing company Mr. Cooper Group ( NASDAQ: COOP ) had blasted 16.3% higher at 10:38 a.m. ET, after the company announced that it had agreed to be acquired by the mortgage giant Rocket Companies.Rocket plans to buy Mr. Cooper Group in an all-stock deal that values the ...
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