How private mortgage lending works A private home loan works similarly to a traditional home loan: You repay what you borrow with interest over an agreed-upon term, such as 30 years, and the ...

Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company” or “BXMT”) announced the pricing of a private offering of $450 million in aggregate princi ...

PennyMac Financial Services, Inc. is a specialty financial services firm focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S ...

As the mortgage and real estate markets continue to face challenges, nearly 800,000 low down payment home purchases in 2023 leveraged private mortgage insurance (PMI), with first-time homebuyers ...

Today, the average cost of private mortgage insurance is about 0.4% of the amount of the loan. If you were paying PMI on a $400,000 loan, for example, your premium would be $1,600 a year, or about ...

South African investment banking and asset management group Investec <INVP.L> has successfully placed a 2-billion-rand ($287-million) mortgage-backed notes issue, the group said on Wednesday.