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Bayview closes acquisition of Guild, taking lender private

Bayview Asset Management has closed its acquisition of Guild Holdings Company, the parent of Guild Mortgage, in a deal that takes the lender private and removes it from the New York Stock Exchange. The transaction was finalized on November 28, according to a new 8-K filing. Under the agreement, shareholders received $20 per share in cash, and all outstanding RSUs and PSUs were also settled for cash....

Making the 7-day refi reality: Modernizing mortgage appraisals

For many borrowers, the appraisal is the most stressful step in a refinance: part mystery, part high-stakes hurdle. Will the home appraise high enough? Will it delay closing? What actually determines the final value? Lenders can help ease these concerns by adopting the right combination of technology, strategy, and partnerships to modernize the process. A more transparent and streamlined approach not...

Frankenstein’s lab was filmed in a water tower — and his house spans four historic mansions

Guillermo del Toro has never met a piece of architecture he didn’t want to turn into a character. In his new Netflix take on Frankenstein, the director leans all the way into historic estates, spiraling labs, and grand old houses that feel equal parts aristocratic fantasy and gothic fever dream. Production designer Tamara Deverell built the film’s world across real European mansions and massive...

Hong Kong’s Central Office Market Enjoys First Rent Increase Since 2022

Hong Kong's Central district posted its first rise in Grade A office rents in more than two years, as tightening vacancy in top-tier towers bolstered landlord confidence, according to new data from JLL. Average Grade A rents in Central edged up 0.1% in November from the prior month--the first increase since May 2022--JLL said Wednesday in its Hong Kong Monthly Market Dynamics report. The marginal uptick...

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