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

Housing Wire

billion in the next five years for lending and investments to low- and moderate-income (LMI) clients and census tracts, with 30% of the total tied to mortgage lending. First Financial Bank’s plan also includes investments in small-business lending and donations to organizations that create and preserve affordable housing.

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

Housing Wire

Mortgage companies raising debt in the current high mortgage rates landscape is a sign that market conditions are improving, although a recovery from the downturn may come later than expected, analysts told HousingWire. And recent transactions show that there’s an appetite among investors for debt in the mortgage space.

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WEIGHING SEATTLE’S FUTURE WITH FEWER OFFICES

Will Springer Realtor

Many businesses are shrinking their office footprint or simply moving out of pricy areas upon lease renewal. The shock is felt across city leadership, office landlords and bankers who lend millions to property owners. Many recognize that these monolith towers of businesses past are underutilized, therefore underserving this fine city.

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