Investor home purchases hit lowest second-quarter level since 2020
The decline comes as investors face the same pressures as individual buyers; high borrowing costs, elevated prices and economic uncertainty.
Investors
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Rocket pushes back debt exchange deadline amid Mr. Cooper deal
Rocket Companies has extended the deadline for investors to exchange debt issued by a Mr. Cooper Group subsidiary for the lender’s own paper — a step tied to its $9.4 billion acquisition of the competitor.
Experts offer multi-faceted solutions to the housing supply shortage
A trio of housing experts discuss proposals to lift zoning regulation to spur supply — and legislation aiming to help first-time homebuyers.
LISC appoints Valerie White to lead national housing strategy
White will oversee the organization’s national housing investments, with a focus on affordable housing.
Real estate investors eye space economy as the new frontier
One emerging frontier is space-based data centers that could potentially harness unlimited solar energy and cooling from the vacuum of space.
Fidelity National Financial chairman faces opposition at investment firm
Cannae Holdings Inc., the investment firm led by Fidelity National Financial (FNF) founder and Chairman William Foley II, is facing accusations of poor governance and a lack of strategic focus from activist investor Carronade Capital Management.