The acquisition of Flagstar’s mortgage operations for approximately $1.4 billion by Mr. Cooper consists of MSRs, advances, subservicing contracts, and a third-party origination platform.
June was the fourth straight month in which the portion of homes sitting on the market for at least one month ticked up on a year-over-year basis. Less-desirable listings are sitting on the market, causing unsold inventory to pile up.
The Five Star 2024 Conference will bring together the top minds in the industry, sharing their insight and expertise in educational sessions and forums designed to enhance attendees’ professional acumen and provide critical insights.
The U.S. Department of Housing and Urban Development (HUD) announced they have made millions available through first-of-its-kind funding for new construction, acquisition, or rehabilitation of permanent supportive housing to further develop new homes for people experiencing homelessness.
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