article thumbnail

First Financial Bank to invest $700M by 2028 in affordable mortgages

Housing Wire

First Financial Bank’s plan also includes investments in small-business lending and donations to organizations that create and preserve affordable housing. The initiative is part of a community benefits agreement with the National Community Reinvestment Coalition (NCRC) , the parties announced Tuesday.

Investing 317
article thumbnail

Mortgage companies issue debt. Here’s why that’s a positive sign to the market

Housing Wire

Executives have decided to improve liquidity to fund their businesses and investments, targeting mortgage servicing rights (MSRs) deals. With the equity market unattractive at this point, issuing debt is the ideal option to raise capital for public and private businesses. Meanwhile, Pennymac Mortgage Investment Trust announced on Sept.

Mortgage 357
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

ICE envisions an unstoppable ‘life-of-loan’ platform with Black Knight acquisition

Housing Wire

Financials In terms of financials, ICE expects net revenue synergies of up to $125 million by 2028 largely through cross-sell opportunities across the platform and ICE’s expanded customer base. Full year 2023 ICE Mortgage Technology (IMT) revenues including the legacy IMT business and pro forma for Black Knight are expected to be between $2.05

article thumbnail

8 Sustainability Trends Driving Commercial Real Estate for Earth Day

The Robert Weiler Company

Benefits of Green Building in Commercial Real Estate The World Green Building Trends report mentioned above also showed compelling business cases for building green: New green buildings brought an average 10.5% Encouraging sustainable business practices among occupants is also another essential driver. savings over five years.