FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Game changer? Quicken Loans takes mortgage lending fully digital

Launches Rocket Mortgage

Google launches mortgage comparison tool with Zillow

LendingTree will also bring mortgages to Google

Items Tagged with 'Blackstone'


Blackstone now rules America’s real estate

Steve Schwarzman is America's landlord
Blackstone is now nearly four times the size of when it originally filed its IPO in 2007. Most notably, an article in Business Insider said that the company has expanded its real estate division from a $17.7 billion business when the company went public to one that today manages nearly $100 billion worth of property.
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Blackstone 3Q earnings miss analyst expectations

Posts economic net income of negative $416 million
Blackstone posted a third-quarter economic net income of negative $416 million, or $0.35/unit. This missed analyst estimates by $0.05. The drop was driven by declines in the unrealized value of public holdings, despite strong underlying portfolio fundamentals across the funds.
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EXCLUSIVE: How the Blackstone-Stearns Lending deal came together and what’s next

Details on industry-shifting deal
Almost a month ago, an announcement from Blackstone and Stearns Lending shook up the mortgage lending world. In an exclusive interview with HousingWire, the executives from Blackstone and Stearns Lending share how the deal came together and shed some light on what’s next for Stearns Lending now that it’s part of the Blackstone family.
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Blackstone acquires ‘significant equity stake’ in mortgage insurer PMI Group

Provides PMI Group with loan for right to take part in future equity offerings
Blackstone is increasing its already substantial position in housing again, as funds affiliated with Blackstone Tactical Opportunities are set to acquire a “significant equity stake” in The PMI Group, a provider of mortgage insurance. PMI said that in connection with the purchase of a significant equity stake in PMI, Blackstone will provide PMI with a loan to be used for working capital.
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Blackstone acquires majority stake in Stearns Lending

Blackstone’s mortgage holdings just got much larger
Blackstone, a full-service, private-equity funded investment bank and burgeoning mortgage lending giant based in New York, is set to increase its mortgage business even more, as the company looks to acquire a majority stake in Stearns Holdings, the parent company of Stearns Lending. Click here for more details.
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Mortgage lender Finance of America partners with Mike Ferry

Blackstone affiliate aligns with well-known real estate coach
Finance of America Mortgage, which boasts the backing of The Blackstone Group and recently splashed on the scene with a number of high-profile lender acquisitions, announced an affiliation with well-known real estate coach Mike Ferry and the Mike Ferry Organization.
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GE sells $23 billion in real estate assets

Blackstone and Wells Fargo agree to purchase
General Electric Capital Real Estate is exiting a significant portion of its commercial real estate platform, as Blackstone and Wells Fargo announced they are purchasing a total of $23 billion in assets.
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Invitation Homes prepping new single-family rental securitization

Company’s first in 2015 and fifth overall
Invitation Homes will the first out of the gate in 2015, as the Blackstone Group subsidiary is prepping the year’s first single-family rental securitzation. The offering, Invitation Homes 2015-SFR1, will be collateralized by a $540.9 million loan secured by first priority mortgages on 3,072 income-producing single-family homes.
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