"May 2026" Archives

Archive page

AD&C credit tight in Q1, but NAHB index shows pressure easing

Credit conditions for residential land acquisition, development and construction (AD&C) loans tightened again in the first quarter, but at the slowest pace in four years, according to a National Association of Home Builders analysis released Friday. The NAHB’s net easing index for builder and developer credit came in at -2.7 in the first quarter of…

Mortgage rates are headed higher as the 10-year yield surges

Mortgage rates are headed higher as the bond market is taking the Iran conflict more seriously today and Fed rate hikes are now being priced in for the first time in a serious manner. If this continues, forget about any rate cuts or mortgage rates heading toward 6% anytime soon. The 10-year yield is surging…

Two Harbors stockholder sues to block CCM merger vote

A Two Harbors Investment Corp. stockholder has sued the company and its directors in federal court over allegedly misleading proxy disclosures, seeking a restraining order to delay the May 19 special meeting regarding its proposed merger with CrossCountry Intermediate Holdco LLC. George Assad filed the lawsuit and related emergency motions Wednesday in the U.S. District…