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SitusAMC has struck a deal to sell a majority stake of two subsidiaries focused on mortgage risk management to investment firm VineLight Venture. The terms of the agreement were not disclosed. The transaction involves the loan insurance firm Securent Risk Retention Group along with its data, brokerage and services business, Risk and Insurance Services. It comes as Securent seeks capital to invest in rising-demand products, especially in the residential mortgage-backed securities (RMBS) space. “Repurchase demands continue to be a material impediment and concern for mortgage company leaders, and fraud-related risk will continue to be a challenge throughout the mortgage manufacturing…

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Striking workers at the Red Hook Container Terminal in Brooklyn gather before a visit by Mayor Eric Adams after members of the International Longshoremen’s Association, or ILA, began walking off the job after 12:01 a.m. ET on October 01, 2024 in Brooklyn, New York. Spencer Platt | Getty ImagesAs the East and Gulf Coast ports strike hits its third day on Thursday, the nationwide logistics system is beginning to show signs of stress, with thousands of containers dumped at the wrong ports and billions of dollars in trade at anchor on ships. Ocean carrier surcharges for shipping clients are beginning to…

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The UK has announced it is giving up sovereignty of a remote but strategically important cluster of islands in the Indian Ocean after more than half a century.The deal – reached after years of negotiations – will see the UK hand over the Chagos Islands to Mauritius in a historic move.This includes the tropical atoll of Diego Garcia, used by the US government as a military base for its navy ships and long-range bomber aircraft.The announcement, made in a joint statement by the UK and Mauritian Prime Ministers, ends decades of often fractious negotiations between the two countries.The US-UK base…

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Ron Hale, the actor arguably best known to soap fans as Mike Corbin on “General Hospital,” has died, TMZ has learned. Law enforcement sources tell us … Ron died of natural causes at his home in St. George, South Carolina on August 27. A specific cause of death was not disclosed. Throughout his decades-long career, the veteran actor appeared in several TV series … including starring in the popular ’70s soap “Ryan’s Hope” — in which he played Dr. Roger Coleridge. The Michigan native announced his retirement from Hollywood in 2010 … after racking up 2 nominations for the Daytime…

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Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. Hurricane Helene tore up the East Coast last week, wreaking havoc and, in its wake, leaving many without running water and at least 1 million without electricity, according to PowerOutage.us. The death toll had risen to more than 175 across six states by Wednesday, and President Biden deployed 1,000 active-duty troops…

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Violence is ongoing between Israel and Iran, Hezbollah, and Hamas in the Middle East.The Kremlin is likely trying to exploit the tension to expand its influence, war analysts said.The Institute for the Study of War said Russia may be trying to bring countries into its sphere. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking “unsubscribe” at the bottom of the email.…

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On October 1, Iran launched a massive aerial attack on Israel in retaliation for the assassinations of senior Hezbollah and Hamas leaders and some Iranian officers in Beirut and Tehran. In anticipation of the attack and to help defend its ally Israel, the United States had expanded its already significant military presence in the Middle East. Its destroyers helped intercept the 180 projectiles Iran fired at military bases in Israel. Such military action has become routine for the US, which has repeatedly intervened in the region in the past decades to directly or indirectly protect Israel. However, US military interventions…

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It was another big night for Joan Vassos and her remaining suitors! And we’ve got the Golden Bachelorette recap you need to keep track of it all! Joan is quickly making a name for herself as one of the most beloved Bachelorettes (golden or otherwise) in franchise history. Of course, she’s dealing with a lot of heartbreak along the way, as she’s been forced to say goodbye to some very likable suitors every week so far. Joan Vassos holds a rose on the first episode of The Golden Bachelorette. (ABC) The Golden Bachelorette Recap: Who Got Sent Home In Week…

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On the RealTrending podcast produced by HousingWire, host Tracey Velt chats with San Antonio-based Realtor Jessica Conrad in the final installment of JPAR Real Estate’s four-part Settlement Strategy Playbook series. Conrad discusses best practices for transparent conversations between listing agents and sellers, the value of educating sellers on the new buyer agent compensation agreements, and ways to show your value as a professional agent. She also explores JPAR’s agent training and resource efforts. Velt and Conrad start their conversation by diving into changes in seller expectations regarding agent commissions, following the Aug. 17 business practice changes mandated by the National…

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Thomas Wilson prepares to hit a shot from Ross Whittaker and Christopher Haworth during the first round of the Pro Mens Doubles at the 2023 BioFreeze USA Pickleball National Championships held at the Brookhaven Country Club on November 8, 2023 in Dallas, Texas.Bruce Yeung | Getty Images Sport | Getty ImagesQVC, the owner of home shopping networks on TV and streaming, has signed a deal with USA Pickleball to bring the sport to its platforms.In a multiyear partnership, QVC has acquired the exclusive broadcast rights of USA Pickleball, the national governing body of the sport. The deal begins with USA…

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