Fed hawks are on the war path, sending mortgage rates higher

The move arrives six weeks after the Supreme Court’s 5-4 ruling that blocked Cook’s immediate dismissal. Chief Justice John Roberts noted in a footnote that nothing in the opinion prevented Trump from “trying again,” provided Cook receives proper notice and a meaningful opportunity to contest the allegations. The Federal Reserve declined to comment on the…

If You Expect The Geopolitical Tensions To Ease, PVH May Be An Attractive Hold For You

Opendoor Technologies: I Remain Bearish After Weak Q2 Earnings

A Better Home & Finance executive who helped the digital lender rebound to billion-dollar origination volume will lead a new lender and real estate platform.  Processing Content Chad Smith was appointed CEO of Envoy Mortgage and president of real estate platform PLACE’s mortgage and financial services division, the companies announced Tuesday. The veteran industry leader…

If at first Prologis doesn’t succeed, it tries, tries, tries … and tries one last time.  Prologis’ San Francisco headquarters on the Pier The San Francisco-based industrial giant made what it described as a firm final preliminary offer to buy U.K.-based industrial developer Segro for more than $18.7B (£14B) on Wednesday, a $500M increase from…

Residential loan servicers and asset managers are facing a sharp rise in defaulted properties across the Sun Belt, as new data from Attom shows foreclosure filings jumping over 10% year-over-year in July. The distress is heavily concentrated in Texas and Florida, which led the nation in both new foreclosure starts and completed bank repossessions, creating…