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LendingLife

Exclusive: Xactus buys Mortgage Credit Link from MeridianLink

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Xactus has acquired Mortgage Credit Link, a web-based order fulfillment hub for credit and verification data, from MeridianLink in a carve-out transaction, the company announced Wednesday. Terms of the deal were not disclosed.

Leadership

Equity Residential, AvalonBay to merge in $69 billion multifamily deal

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Equity Residential and AvalonBay Communities agreed to an all-stock merger of equals that will create a $69 billion multifamily giant controlling more than 180,000 apartments across the country, the companies announced Thursday. The combined real estate investment trust will have a pro forma equity market capitalization of about $52 billion and an enterprise value of […]

LendingLife

Kevin Warsh confirmed as Fed chair as mortgage lenders look for stability

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The Senate confirmed Kevin Warsh on Wednesday to succeed Jerome Powell as chairman of the Federal Reserve, sparking hopes within the mortgage industry for less volatility as Warsh takes the helm of the central bank.