Real Estate News

Confirmation of Special Year-End Dividend Amount
Publish date: Jan. 10, 2025, 3:30 a.m.
Authors: Firm Capital Mortgage Investment Corporation
Source: GlobeNewswire
Summary: TORONTO, Jan. 09, 2025 ( GLOBE NEWSWIRE ) -- Firm Capital Mortgage Investment Corporation ( the "Corporation" ) ( TSX: FC ) is pleased to confirm that its board of directors has formally declared the previously announced special year-end dividend of $0.056 per common share.
ALLY to Exit Mortgage Business, Cut Jobs & Focus on Auto Franchise
Publish date: Jan. 9, 2025, 7:16 p.m.
Authors: Zacks Equity Research
Source: Zacks Commentary
Summary: Ally Financial is set to exit the mortgage origination and credit card businesses. It intends to right-size the organization and focus on the auto business.
3 mREIT Stocks Worth Investing Despite Rising Mortgage Rates
Publish date: Jan. 8, 2025, 9:06 p.m.
Authors: Riya Anand
Source: Zacks Commentary
Summary: Investors can purchase stocks like NREF, TWO and MFA, which have high dividend yields and strong growth prospects despite rising mortgage rates.
Claros Mortgage Trust, Inc. ( CMTG ) Loses -37.88% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Publish date: Jan. 7, 2025, 7:35 p.m.
Authors: Zacks Equity Research
Source: Zacks Commentary
Summary: Claros Mortgage Trust, Inc. (CMTG) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock ...
How Much Upside is Left in New York Mortgage Trust ( NYMT ) ? Wall Street Analysts Think 25.41%
Publish date: Jan. 1, 2025, 7:55 p.m.
Authors: Zacks Equity Research
Source: Zacks Commentary
Summary: The consensus price target hints at a 25.4% upside potential for New York Mortgage Trust (NYMT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
TaskRabbit At 79? A Retired Mortgage Manager Assembles Furniture For $47 An Hour, Pulling In $3,000 To $5,000 A Month
Publish date: Dec. 22, 2024, 10:30 p.m.
Authors: Adrian Volenik
Source: Benzinga
Summary: At 79, Dan Weiss has found an unconventional way to stay active, earn a solid income and connect with people - assembling furniture on TaskRabbit. The retired mortgage manager from Oakdale, Minnesota, earns up to $47 an hour putting together Ikea and other types of furniture, a gig that he says ...
Wall Street Pours Billions Into Build-To-Rent Communities, Betting Big Against Home Ownership Amid High Prices and Interest Rates
Publish date: Dec. 15, 2024, 11:30 p.m.
Authors: Jeff Vasishta
Source: Benzinga
Summary: High home prices and stubbornly steep mortgage interest rates have put homeownership out of reach for many Americans. Wall Street has seized upon this, funding large swathes of luxury single-family suburban homes with everything an owner could want except a large down payment, mortgage and a deed ...
Billionaire Warren Buffett Paid $120,000 For A Home But Took Out A Mortgage To Do It - Investing That Money Instead Made Him $2 Billion
Publish date: Dec. 13, 2024, 8 p.m.
Authors: Jeannine Mancini
Source: Benzinga
Summary: Warren Buffett Paid $150,000 For A House, But Instead Of Using Cash, Took Out A Mortgage And Bought Stocks - That Move Made Him $2 Billion Warren Buffett, one of history's wealthiest and most celebrated investors, made a decision in 1971 that might surprise you.
Citigroup Expands Into Mortgage Market With Investment in Pylon
Publish date: Nov. 28, 2024, 9:15 p.m.
Authors: Zacks Equity Research
Source: Zacks Commentary
Summary: C's investment in Pylon will help automate mortgage origination and offer interim funding to consumers until the loans reach the capital markets.
Agenus Gets $22M Mortgage, Plans Strategic Realignment To Focus On Colorectal Cancer Drug Development - Agenus ( NASDAQ:AGEN )
Publish date: Nov. 27, 2024, 8:20 p.m.
Authors: Nabaparna Bhattacharya
Source: Benzinga
Summary: Agenus Inc. AGEN shares are trading higher in the morning session on Wednesday. The company has secured a $22 million non-amortizing mortgage, backed by its Berkeley-based Biologics CMC facility and its 66-acre biomanufacturing-zoned property in Vacaville, California.
Interest Rate Cuts Begin to Ease Consumer Credit Burden - But Not for Everyone
Publish date: Nov. 26, 2024, 3 p.m.
Authors: Equifax Canada
Source: GlobeNewswire
Summary: - Affordability challenges still persist for Newcomers to Canada and New to Credit consumers, while mortgage holders are starting to see some relief - - Affordability challenges still persist for Newcomers to Canada and New to Credit consumers, while mortgage holders are starting to see some ...
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