IMBs post per-loan profit rebound during third quarter

Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks saw a net gain of $2,594 for each loan they originated in third-quarter 2021, according to the Mortgage Bankers Association (MBA). That’s up from $2,023 per loan during the second quarter of this year as IMBs realized a modest per-loan profit recovery after a Q2 […]

After accelerating for 14 months, Case-Shiller home-price index slows in September

The S&P CoreLogic Case-Shiller national home-price index has finally started to cool, slowing to a year-over-year increase of 19.5% in September. Although this gain was strong, it’s down from 19.8% in the previous month. September marked the first time in 14 months that the U.S. index declined on a monthly basis. Likewise, the annualized gains […]

Picking Up the PACE

Clean energy loans help developers save money while curbing their carbon footprint

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Moving Beyond LEED

The next steps in the green-building revolution may be more complex and expensive

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International Investments: Singapore

One of the largest sources of foreign investment into U.S. commercial real estate continues to be a small island that encompasses less area than Lexington, Kentucky. This nation is Singapore — the compact city-state off the tip of the Malay Peninsula. Singapore remains a major player in cross-border deals into the U.S., with asset sales…...

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