The REIT was vague when describing what the cash will be used for, sticking to the standard line about using the proceeds for “general corporate purposes.”

First-time buyers continue to fight the challenges of rising house prices, higher interest rates and depleted inventory…

Seventy-one percent of lenders said borrowers with gig-economy income have applied for a mortgage within the past year...

Purchase-mortgage lending, like virtually every other component of the home-loan market, was down in the first quarter of 2018. But first-time buyers continued to fight the challenges of rising house prices, higher interest rates and depleted inventory, according to a new Inside Mortgage Finance analysis of agency mortgage-backed securities data. [Includes four data charts.]

The number of homes sold to first-time homebuyers fell in the first quarter of 2018, indicating that the market’s rapid growth in recent years may be over and that slower production with occasional pullbacks may be expected in the future, according to Genworth Mortgage Insurance.

Roughly 95 percent of FAMC's production comes from brokers and correspondents, according to Inside Mortgage Finance...

The mortgage industry isn’t fully prepared to accept borrowers with income from the so-called gig economy, according to a survey by Fannie Mae. Nearly every mortgage executive surveyed reported that such income is difficult to approve when considering a loan application.

Based in Durham, NC, the privately held Eli Global has insurance assets and tries to keep a low profile.

The consolidation tidal wave approaches ... or maybe not...

Candidates for the job have included Kevin Shavers, Robert Broeksmit and others…