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Tag: mortgage

NYSE Content Advisory: Pre-Market update + Strong earnings and data gives Wall Street momentum

NEW YORK, July 18, 2025 /CNW/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor....

NYSE Content Advisory: Pre-Market update + Strong earnings and data gives Wall Street momentum

NEW YORK, July 18, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor....

OceanFirst Financial Corp. Announces 2025 Stock Repurchase Program

RED BANK, N.J., July 16, 2025 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:“OCFC”), (the “Company”), the holding company for OceanFirst Bank N.A. (the “Bank”), today announced that its Board of Directors has authorized a 2025 Stock Repurchase Program, under which the Company may repurchase up to 3 million shares, or approximately 5% of its outstanding common stock. This authorization is incremental to the Company’s existing 2021 Stock Repurchase Program.

POTOMAC BANCSHARES, INC. DECLARES QUARTERLY CASH DIVIDEND

CHARLES TOWN, W.Va., July 16, 2025 /PRNewswire/ -- The Board of Directors of Potomac Bancshares, Inc. (the "Company") (OTCID:PTBS), the holding company for Bank of...

Alterra IOS Secures $343 Million Loan Commitment from Truist, Bank of Montreal

Transaction brings total financing commitments across Alterra’s fully discretionary IOS funds to over $1.5 billion
Transaction brings total financing commitments across Alterra’s fully discretionary IOS funds to over $1.5 billion

Toronto, Vancouver Luxury Housing Falters Amid Economic Uncertainty; Montreal, Calgary Remain Resilient

Canadian luxury market performance led by Montreal and Calgary as attainable housing prices, measured confidence support sales

New York Mortgage Trust, Inc. Acquires Remaining Interest in Constructive Loans, LLC, Advancing NYMT’s Business Purpose Lending Strategy

NEW YORK, July 15, 2025 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) today announced that it has acquired the remaining 50% ownership interest in Constructive Loans, LLC (“Constructive”), a leading originator in business purpose loans for residential real estate investors. This all-cash transaction, completed through a wholly owned subsidiary of the Company, represents a significant milestone in the Company’s ongoing strategy to diversify and scale its recurring earnings through the inclusion of a top operating platform.

Cavco Industries Announces Planned Acquisition of Manufactured Home Builder and Retailer, American Homestar Corporation

PHOENIX, July 14, 2025 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) ("Cavco" or the "Company") announced today that it has entered into a definitive agreement to acquire American Homestar Corporation and its subsidiaries (collectively, "American Homestar"), a Houston-based company best known in the market as Oak Creek Homes. American Homestar operates two manufacturing facilities, nineteen retail locations, writes and sells a limited number of manufactured home loans and acts as an agent for third party insurers. With 800 employees, revenues for the twelve months ended May 31, 2025 were $194 million, net income was $16.6 million and earnings before interest, taxes, depreciation, amortization, and other income ("Adjusted EBITDA") (non-GAAP)* was $17.8 million. During that time, American Homestar produced 1,676 homes.

DeFi Development Corp. to Host X Spaces Event: “Our First SPS Forecast, Convertible Note Breakdown, & Company Update”

BOCA RATON, FL, July 14, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”) today announced it will host a live X Spaces conversation on Tuesday, July 15, 2025, at 1:30 p.m. Eastern Time, titled “DFDV Guidance Drop: First Forecasts, Convertible Note, & Company Update.”

DeFi Development Corp. Sets 1.0 SPS Target by December 2028, Issues First Forward-Looking Guidance

BOCA RATON, FL, July 14, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”), the first US public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today issued its first forward-looking guidance on SOL per Share (“SPS”), the Company’s primary performance metric.

Wilshire Quinn Hits $600M in Bridge Loan Volume

SAN DIEGO, July 11, 2025 /PRNewswire/ -- Wilshire Quinn Capital, Inc. announced Friday that its private lending fund, the Wilshire Quinn Income Fund, has financed...

Quaint Oak Bancorp, Inc. Declares Quarterly Cash Dividend

SOUTHAMPTON, Pa., July 11, 2025 (GLOBE NEWSWIRE) -- Quaint Oak Bancorp, Inc. (OTCQB: QNTO) (the “Company”), the holding company for Quaint Oak Bank, announced today that its Board of Directors declared a quarterly cash dividend of $0.04 per share on the common stock of the Company on July 9, 2025. The dividend is payable on August 4, 2025, to the shareholders of record at the close of business on July 21, 2025. Robert T. Strong, Chief Executive Officer of the Company stated, “After careful consideration, the Board decided to reduce the quarterly cash dividend as part of our continued efforts to enhance capital levels, strengthen liquidity, and allow for continued reinvestment in strategic initiatives to position the Company for long-term success. The Board remains focused on long-term profitability with a strong commitment to shareholder value.”

DeFi Dev Corp. and Switchboard Join Forces to Advance RWA Oracle Infrastructure on Solana

BOCA RATON, FL, July 11, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”) the first public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced the signing of a non-binding Letter of Intent (LOI) with Switchboard Technology Labs Inc., a core contributor to the Switchboard Protocol, a leading decentralized oracle network on Solana.

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