Tag Archives: Reports and Studies

Food and Beverage Industry Planned Projects Remain Strong in July 2025

JACKSONVILLE BEACH, Fla., Aug. 7, 2025 (SEND2PRESS NEWSWIRE) — In July 2025, the Food and Beverage industry continued to show strong growth with 55 new capital projects planned across North America. The July planned projects total is consistent with the 56 new industrial projects reported in June 2025, showing a steady pipeline of activity. These projects, which include new plant construction, facility expansions, and major equipment modernization projects, were tracked by Industrial SalesLeads.

Food and Beverage Industry Planned Projects Remain Strong in July 2025
Image caption: Food and Beverage Industry Planned Projects Remain Strong in July 2025.

The following are selected highlights on new Food and Beverage industry construction news.

FOOD AND BEVERAGE PROJECT TYPE

  • Processing Facilities – 35 New Projects
  • Distribution and Industrial Warehouse – 21 New Projects

FOOD AND BEVERAGE PROJECT SCOPE/ACTIVITY

  • New Construction – 17 New Projects
  • Expansion – 14 New Projects
  • Renovations/Equipment Upgrades – 30 New Projects
  • Plant Closing – 1 New Project

FOOD AND BEVERAGE PROJECT LOCATION (TOP 10 STATES)

New York – 7

Minnesota – 6

Michigan – 5

Pennsylvania – 4

California – 3

Georgia – 3

Indiana – 3

Texas – 3

Florida – 2

Iowa – 2

LARGEST PLANNED PROJECT

During the month of July, our research team identified 4 new Food and Beverage facility construction projects with an estimated value of $100 million or more.

The largest project is owned by Niagara Bottling, who is investing $422 million for the construction of a 1.45 million sf processing facility in WINTER HAVEN, FL.

TOP 10 TRACKED FOOD AND BEVERAGE PROJECTS

GEORGIA:

Poultry processing company is planning to invest $400 million for the construction of a processing facility in LAFAYETTE, GA. They are currently seeking approval for the project. Construction is expected to start in Fall 2025, with completion slated for 2027.

NEW YORK:

Dairy company is planning to invest $250 million for the construction of a 300,000 sf processing facility in WATERTOWN, NY. They are currently seeking approval for the project.

TENNESSEE:

Produce company is planning to invest $75 million for the construction of a 1.8 million sf growing and processing facility on Asbury Rd. in MANCHESTER, TN. They are currently seeking approval for the project. Construction will occur in 2 phases, with completion of the first phases slated for Fall 2026.

NEW YORK:

Cheese mfr. is planning to invest $75 million for the renovation and equipment upgrades on their processing facilities in WALTON, NY and BUFFALO, NY. They are currently seeking approval for the project. Completion is slated for 2027.

GEORGIA:

Bakery company is planning to invest $54 million for equipment upgrades on their processing facility in OAKWOOD, GA. They have recently received approval for the project. Completion is slated for Spring 2026.

PENNSYLVANIA:

Beverage packing company is planning to invest $30 million for the renovation and equipment upgrades on a recently acquired 400,000 sf manufacturing facility at 575 Research Dr. in PITTSTON TWP., PA. They are currently seeking approval for the project.

KENTUCKY:

Meat product mfr. is planning to invest $24 million for the expansion, renovation, and equipment upgrades on their processing facility in ROBARDS, KY. They have recently received approval for the project. Completion is slated for Spring 2026.

WASHINGTON:

Produce company is planning for the construction of 4 warehouse facilities totaling 227,000 sf at 1505 Foster Wells Rd. in PASCO, WA. They are currently seeking approval for the project.

CALIFORNIA:

Almond growers cooperative is planning for the construction of a 184,000 sf warehouse facility in SACRAMENTO, CA. They are currently seeking approval for the project.

IOWA:

Snack food mfr. is planning to invest $18 million for a 27,000 sf expansion and equipment upgrades on their processing facility in BURLINGTON, IA. They are currently seeking approval for the project. Construction is expected to start in Fall 2025, with completion slated for Summer 2026.

About Industrial SalesLeads, Inc.

Since 1959, Industrial SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team. Visit us at salesleadsinc.com.

Each month, our team provides hundreds of industrial reports within a variety of industries, including:

Learn more: https://www.salesleadsinc.com/industry/industrial-manufacturing/

NEWS SOURCE: Industrial SalesLeads Inc


This press release was issued on behalf of the news source (Industrial SalesLeads Inc), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/food-and-beverage-industry-planned-projects-remain-strong-in-july-2025/

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LenderLogix Q2 2025 Homebuyer Intelligence Report Shows Increased Loan Quantities as Borrower Activity Holds Steady

BUFFALO, N.Y., Aug. 5, 2025 (SEND2PRESS NEWSWIRE) — LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced the release of the Homebuyer Intelligence Report, a quarterly summary of insights into borrower behavior during the home-buying process based on data collected by the LenderLogix suite of tools. The latest report covers data collected during the pre-approval and borrower application process in the second quarter (Q2) of 2025.

Infographic: LenderLogix Q2 Homebuyer Intelligence Report
Image caption: Infographic: LenderLogix Q2 Homebuyer Intelligence Report.

Pre-Approvals

In Q2 2025, borrowers generated 11.9% more pre-approval letters through LenderLogix’s QuickQual pre-approval platform over Q1 2025. The average number of pre-approved borrowers per loan officer increased from 26.5 in Q1 2025 to 28.6 in Q2 2025.

The average pre-approval letter loan amount increased from $326,714 in Q1 to $367,305 in Q2. The average sales price also increased significantly from $381,820 to $423,667. The average down payment size shows a slight decrease from 14.4% in Q1 to 13.3%.

Conventional loans remained the most popular loan type for pre-approved borrowers in Q2, increasing marginally from 74.2% to 74.7% over the prior quarter. FHA pre-approvals decreased marginally from 19% to 18.6%. VA (4.5%) and USDA (1%) maintained their share from Q1 to Q2 2025.

“Despite the increase in sales price, we’ve seen increased prequalification numbers for conventional, FHA VA and USDA loans, demonstrating borrowers’ desire to purchase,” said LenderLogix Co-Founder and CEO Patrick O’Brien. “Lenders and real estate partners need to be vigilant to help borrowers find homes that fit their prequalification amounts.”

Borrower Conversion

Of the borrowers using QuickQual in Q1 2025, the average number of days between pre-approval and loan submission increased from 79.6 to 86.3 days in Q2. The most prolonged duration between pre-approval and application decreased by sixty-three days from 709 in Q1 to 646 in Q2. The conversion rate among borrowers from pre-approval to loan application increased slightly from 55% to 56% in Q2. Borrowers maintained an average of eight pre-approval letters before converting. In total, new applications through the LiteSpeed point-of-sale (POS) platform increased 8.7% from Q1 2025 to Q2 2025.

“Overall, borrower conversion and activity are remaining fairly steady,” said O’Brien. “Lenders must hone their marketing and outreach strategies to effectively reach the prepared borrowers in their area to remain competitive.”

Post-Application Engagement

In Q2 2025, the number of documents uploaded through LiteSpeed grew 18.3% quarter-over-quarter. The number of newly created needs lists, including both online applications and those entered by loan officers, decreased 16.7% in Q2.

Successful verification of income and employment (VOIE) through POS improved, increasing from 15.5% in Q1 to 17.1% in Q2. Verification of assets (VOA) decreased slightly from 36.7% to 33.7% over the same period.

“While we saw a dip in Needs List creation, the continued growth in document uploads and improved VOIE success rates suggest borrowers are more prepared and proactive after application,” O’Brien added. “That preparation ultimately helps lenders build cleaner, faster-moving loan files.”

Data from LenderLogix Homebuyer Intelligence Report is available to the industry free of charge. To learn more about LenderLogix, visit www.lenderlogix.com.

About LenderLogix

LenderLogix leverages the four decades of firsthand mortgage origination and real estate experience of its executive team to design customized software to meet the needs of today’s mortgage lenders. The company’s suite of products addresses the speed at which today’s real estate market moves by delivering technology solutions that create agile and informed borrowers, build strong referral partners and ultimately save lenders time and money. For more information, visit https://www.lenderlogix.com/.

NEWS SOURCE: LenderLogix


This press release was issued on behalf of the news source (LenderLogix), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/lenderlogix-q2-2025-homebuyer-intelligence-report-shows-increased-loan-quantities-as-borrower-activity-holds-steady/

Copr. © 2025 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P128239 NOREL-3B

 

45 new assistance programs launched during Q2 2025, bringing the total number of nationwide programs to a record-breaking 2,554

Down payment assistance, with an average benefit of $18,000, remains a bright spot for the nation's homebuyers, with more programs supporting a variety of needs, income levels and property types

ATLANTA, Ga., July 29, 2025 (SEND2PRESS NEWSWIRE) — Down Payment Resource (DPR), the housing industry authority on homebuyer assistance program data and solutions, today released its Q2 2025 Homeownership Program Index (HPI) report. The report finds 45 new programs launched in Q2, traditionally the busiest homebuying season, bringing the total number of available programs to 2,554 — a new record — and the number of program providers to 1,340.

Down Payment Resource's Q2 2025 HPI Report
Image caption: Down Payment Resource’s Q2 2025 HPI Report.

Down payment assistance (DPA) can be used by lenders to lower a homebuyer’s loan-to-value (LTV) ratio by an average of 6%, helping them qualify more of their mortgage-ready buyers. In addition to down payments, many DPA programs can help with closing costs, prepaid expenses, buying down the mortgage interest rate, and even lessening mortgage insurance expenses. In some cases, buyers can combine multiple programs for even greater savings. This assistance is vital as the median home price in the U.S. increased to $369,000 in Q2 2025, from $350,275 in Q1, while the average 30-year fixed mortgage rate for the quarter was 6.82%.

“With home prices rising and interest rates still hovering close to 7%, prospective homebuyers are feeling the pinch heading into the summer, traditionally a very active homebuying season,” said Rob Chrane, founder and CEO of DPR. “Even with these market headwinds, we are heartened to find more assistance programs than ever—at least one in every U.S. county and 2,000 counties with 10 or more—helping lenders qualify eligible buyers and close more loans in this tough market.”

KEY Q2 2025 HPI REPORT FINDINGS

An examination of the existing 2,554 homebuyer assistance programs on July 3, 2025, resulted in the following key findings:

  • 45 homebuyer assistance programs were added in Q2 2025, a 2% increase from Q1 2025. 967 programs (38%) are available to repeat buyers. 257 programs (10%) do not have income restrictions, increasing the number of buyers who might qualify for assistance. 31 programs support first-generation homebuyers, an increase of 7% over the last quarter.
  • The number of programs supporting manufactured housing grew 4%, from 971 in Q1 2025 to 1,006 in Q2 2025. According to the Manufactured Housing Institute, manufactured homes are considered an affordable housing supply because they are significantly cheaper to purchase than site-built homes. The average cost per square foot is around $87 versus $166.
  • 861 programs support the purchase of multi-family housing, a 3% increase from the previous quarter. Of these, a growing number of programs support purchasing three-unit homes (573) and four-unit homes (546). Investing in multifamily properties can generate cash flow and potentially offer buyers tax advantages.
  • Below-market-rate (BMR)/resale-restricted programs increased 9%. BMR/resale-restricted programs offer housing at prices lower than the open market, with restrictions on resale to ensure affordability for future buyers, typically low-to-moderate-income households.
  • 81% of DPAs are deferred payment programs, a 2% increase from the previous quarter. With a deferred payment loan, borrowers don’t make monthly payments, and the balance is typically due when they sell or refinance, or the loan matures. Many of these loans are also forgivable. 53% of DPAs offer partial or full forgiveness over time, as long as the homeowner meets certain requirements, such as maintaining primary residency.
  • 1,011 programs (40%) were offered through municipalities or local program providers, a 2% increase over the previous quarter and 46% YoY increase. Programs sponsored by employers increased 8% MoM to 3% of the total—a 33% YoY increase. Housing authorities, independent governmental bodies that provide and manage affordable housing options for low-income, elderly and disabled buyers, accounted for 4% of programs, up 1% from the previous quarter.
  • 198 programs offer special incentives based on the buyer’s occupation or other characteristics. Of these, 68 offer assistance for educators, 52 to Native Americans, 45 to military Veterans, and 35 to active-duty military. It’s important to note that these buyers can also qualify for many of the other 2,554 programs in the Down Payment Resource database.
  • 118 programs are “multi-state,” a 31% YoY increase, meaning they are available for buyers in two states or more. Plus, the report noted a growing number of in-state programs in Hawaii, Missouri, Oklahoma, Pennsylvania and Virginia.

A more detailed analysis of the Q2 2025 HPI findings, including infographics and examples of the programs described in this release, can be found on DPR’s website at: https://downpaymentresource.com/professional-resource/45-new-programs-were-added-in-q2-2025-helping-to-make-homeownership-more-affordable-for-buyers-nationwide/.

For a complete list of homebuyer assistance programs by state, visit: https://downpaymentresource.com/wp-content/uploads/2025/07/HPI-state-by-state-data.Q22025.pdf.

Members of the media are encouraged to contact DPR for data specific to their reporting needs.

METHODOLOGY

Published quarterly, DPR’s HPI surveys the funding status, eligibility rules and benefits of U.S. homebuyer assistance programs administered by state and local housing finance agencies, municipalities, nonprofits and other housing organizations. DPR communicates with over 1,300 program providers throughout the year to track and update the country’s wide range of homeownership programs, including down payment and closing cost programs, Mortgage Credit Certificates (MCCs) and affordable first mortgages, in the DOWN PAYMENT RESOURCE® database.

About Down Payment Resource:

Down Payment Resource (DPR) is the housing industry authority on homebuyer assistance program data and solutions. With a database that tracks more than 2,500 programs and toolsets for mortgage lenders, multiple listing services (MLSs) and API users, DPR helps housing professionals connect homebuyers with the assistance they need. DPR frequently lends its expertise to nonprofits, housing finance agencies, policymakers, government-sponsored enterprises and trade organizations seeking to improve housing affordability. Its technology is used by seven of the top 25 mortgage lenders, the three largest real estate listing websites and 600,000 real estate agents. For more information, visit https://downpaymentresource.com/.

X: @DwnPmtResource #downpaymentassistance #affordabilitycrisis #housingaffordability #mortgage #housingequity #downpayment

NEWS SOURCE: Down Payment Resource


This press release was issued on behalf of the news source (Down Payment Resource), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/45-new-assistance-programs-launched-during-q2-2025-bringing-the-total-number-of-nationwide-programs-to-a-record-breaking-2554/

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TMC July 2025 Pulse of the Network survey finds mortgage lenders leaning into automation, leadership development, and product innovation to stay competitive

SAN DIEGO, Calif., July 28, 2025 (SEND2PRESS NEWSWIRE) — Amid one of the mortgage industry’s most prolonged stretches of cost pressure and market uncertainty, the latest Pulse of the Network survey from The Mortgage Collaborative (TMC) reports that lenders are responding with creativity and nimble thinking, anchored by a clear commitment to long-term resilience.

TMC The Mortgage Collaborative
Image caption: The Mortgage Collaborative (TMC) logo.

Conducted biannually, the Pulse of the Network taps the collective insight of TMC’s diverse national membership of independent mortgage banks (IMBs) and depositories. The July 2025 edition offers a real-time look at how lenders address rising origination costs, evolving compliance risks, and the challenge of developing talent in a hypercompetitive environment.

“Our members aren’t merely reacting to the market, they’re actively rethinking how to deliver, lead, and grow,” said Jodi Hall, president and CEO of The Mortgage Collaborative. “This survey shows the powerful role collaboration plays in helping lenders make confident, strategic decisions in uncertain times.”

Key Survey Highlights:

  • Automation is no longer optional. 100% of respondents reported plans to increase automation through 2026, specifically focusing on AI-powered customer platforms, API-driven verification tools, and digital closing solutions to reduce costs, improve borrower experience, and reduce the cost of producing a loan.
  • Leadership development is climbing the priority list. With teams operating leaner, lenders are investing in upskilling and succession planning to cultivate the next generation of industry leaders. This includes cross-functional training and a continued focus on driving their business based on operational KPIs.
  • Revenue diversification is a top strategy. Lenders are expanding their product offerings to include non-QM loans, Reverse mortgages, HELOCs, and DPA programs, to grow market share in a challenging rate environment and forge stronger builder relationships to capture purchase business.
  • Secondary market execution is under scrutiny. Lenders are improving loan sale processes and pricing flexibility while leveraging data analytics to forecast performance and reduce early payoff exposure.
  • Compliance remains complex and evolving. State-level oversight is taking center stage in compliance conversations, as lenders navigate a strategic balance between tech-enabled efficiencies and rigorous risk management.

“This Pulse confirms a central truth: in today’s mortgage industry, success belongs to those who share, adapt, and lead together,” Hall added.

Read the results here: July 2025 Pulse of the Network Survey Results

About The Mortgage Collaborative

The Mortgage Collaborative (TMC) is a membership-driven organization that empowers mortgage lenders across the United States through networking, education, and advocacy. TMC fosters an environment of collaboration and innovation, ensuring its members succeed regardless of market conditions. For more information, visit https://www.mortgagecollaborative.com/.

NEWS SOURCE: The Mortgage Collaborative


This press release was issued on behalf of the news source (The Mortgage Collaborative), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/tmc-july-2025-pulse-of-the-network-survey-finds-mortgage-lenders-leaning-into-automation-leadership-development-and-product-innovation-to-stay-competitive/

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Q2 Industrial Manufacturing Soars 31% for Planned Projects Over $100M; June Planned Industrial Projects Hit 141

JACKSONVILLE BEACH, Fla., July 17, 2025 (SEND2PRESS NEWSWIRE) — Industrial SalesLeads announced today the June 2025 results for its new planned capital project spending report, highlighting the continued strong activity in the Industrial Manufacturing sector. According to the firm’s research, 141 new industrial manufacturing projects were tracked in June 2025 alone, reflecting robust activity across North America. In addition, Q2 2025 saw a 31% increase over Q1 in the number of new Industrial Manufacturing facility construction projects valued at over $100 million.

Q2 Industrial Manufacturing Soars 31% for Planned Projects Over $100M
Image caption: Q2 Industrial Manufacturing Soars 31% for Planned Projects Over $100M.

The following are selected highlights on new Industrial Manufacturing industry construction news.

INDUSTRIAL MANUFACTURING – BY PROJECT TYPE

Manufacturing/Production Facilities – 129 New Projects

Distribution and Industrial Warehouse – 77 New Projects

INDUSTRIAL MANUFACTURING – BY PROJECT SCOPE/ACTIVITY

New Construction – 48 New Projects

Expansion – 38 New Projects

Renovations/Equipment Upgrades – 57 New Projects

Plant Closings – 12 New Projects

INDUSTRIAL MANUFACTURING – BY PROJECT LOCATION (TOP 10 STATES)

California – 10

Indiana – 10

Texas – 10

Wisconsin – 8

Florida – 7

New York – 7

North Carolina – 7

Massachusetts – 6

Tennessee – 6

Maryland – 5

LARGEST PLANNED PROJECT

During the month of June, our research team identified 25 new Industrial Manufacturing facility construction projects with an estimated value of $100 million or more.

The largest project is owned by Micron Technology, who is planning to invest $150 billion for the construction of a manufacturing complex in CLAY, NY. Construction is expected to start in late 2025.

TOP 10 TRACKED INDUSTRIAL MANUFACTURING PROJECTS

UTAH:

Semiconductor mfr. is planning to invest $15 billion for the expansion and equipment upgrades on their manufacturing facility in LEHI, UT. They are currently seeking approval for the project.

GEORGIA:

Pharmaceutical company is considering investing $5 billion for the construction of a processing facility and is currently seeking a site in GEORGIA. Watch SalesLeads for updates.

FLORIDA:

Gas turbine engine mfr. is planning to invest $1 billion for the construction of a 1 million sf manufacturing facility in CRESTVIEW, FL. They are currently seeking approval for the project. Construction will occur in 3 phases, with completion of the first phase slated for late 2026.

INDIANA:

Battery mfr. and recycling company is considering investing $1 billion for the construction of a processing facility and currently seeking a site in INDIANA. Watch SalesLeads for updates.

FLORIDA:

Semiconductor mfr. is planning to invest $470 million for the construction of a manufacturing and office facility in NEOCITY, FL. They are currently seeking approval for the project.

SOUTH CAROLINA:

Lumber company is planning to invest $225 million for the construction of a 375,000 sf manufacturing facility on Barker Mill Pond Rd. in FAIRFAX, SC. They are currently seeking approval for the project. Construction is expected to start in late 2025, with completion slated for early 2027.

INDIANA:

Industrial automation equipment mfr. is planning to invest $180 million for the expansion of their manufacturing, laboratory, and office campus in FRANKLIN, WI. They will consolidate their WI and IL operations upon completion in Summer 2027.

KENTUCKY:

Global electronics mfr. is planning to invest $174 million for the construction of a manufacturing facility in LOUISVILLE, KY. They are currently seeking approval for the project.

TEXAS:

IT infrastructure equipment mfr. is planning to invest $152 million for the renovation and equipment upgrades on a 393,000 sf manufacturing and warehouse facility at 9220 Socorro Rd. in SOCORRO, TX. They have recently received approval for the project.

MAINE:

Medical device mfr. is planning to invest $134 million for the expansion and equipment upgrades on their manufacturing facility in BRUNSWICK, ME. They are currently seeking approval for the project.

About Industrial SalesLeads, Inc.

Since 1959, Industrial SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team. Visit us at salesleadsinc.com.

Each month, our team provides hundreds of industrial reports within a variety of industries, including:

Learn more: https://www.salesleadsinc.com/industry/industrial-manufacturing/

NEWS SOURCE: Industrial SalesLeads Inc


This press release was issued on behalf of the news source (Industrial SalesLeads Inc), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/q2-industrial-manufacturing-soars-31-for-planned-projects-over-100m-june-planned-industrial-projects-hit-141/

Copr. © 2025 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P127814 NOREL-3B

 

New Industry Research Shows Direct Mail Outpaces Digital in Performance Gains

MINNEAPOLIS, Minn., July 15, 2025 (SEND2PRESS NEWSWIRE) — Direct mail is proving its staying power, according to new industry research commissioned by Franklin Madison Direct and conducted by Circlebox. The 2025 Direct Mail Marketing Benchmark Report shows 67% of marketers saw improved direct mail performance over the past 12 months – the highest lift among all direct marketing channels, including email and social media.

SeQuel Response is now Franklin Madison Direct
Image caption: Franklin Madison Direct logo.

The annual report provides an analysis of the current direct mail marketing landscape and its effectiveness, showcasing data collected from both B2B and B2C marketing leaders and consumers.

The full report is available at https://www.franklinmadisondirect.com/directmailreport.

Today’s top brands are leaning into proven strategies that combine innovation, data-driven insights, and omnichannel alignment to capture target audience attention and drive response. Direct mail, backed by its increasingly strong track record and growing consumer sentiment, holds its place as a high-impact channel in this mix.

The 2025 benchmark report shows that when mail is tested, personalized, and seamlessly integrated with digital channels, both marketers and consumers see the difference.

  • Direct mail beats digital: At least half of respondents believe direct mail is more effective than digital marketing in driving key objectives.
  • The mail channel is a consumer favorite: direct mail is the second most enjoyable form of advertising (second only to TV/video streaming).
  • Omnichannel strategies drive performance: 97% of respondents report that integration positively impacts campaign performance.
  • Budgets follow performance: 87% of marketers plan to increase or maintain their direct mail budgets over the next 12 months.

The 2025 Direct Mail Marketing Benchmark Report is available for download at www.franklinmadisondirect.com/directmailreport.

About Franklin Madison Direct

Franklin Madison Direct, formerly SeQuel Response, is a leading direct response advertising agency, providing performance-driven marketing solutions to help consumer and insurance brands reach their best audience and achieve exceptional growth. Franklin Madison Direct is ranked as a top marketing agency in Minneapolis, Minnesota, and has been named to the Inc. 5000 list of fastest-growing private companies in the U.S.

MEDIA AND CUSTOMER QUERIES:

Contact us here: https://franklinmadisondirect.com/contact-us/

MULTIMEDIA:

Logo link for media: https://www.Send2Press.com/300dpi/25-0424-s2p-fmdirect-300dpi.jpg

NEWS SOURCE: Franklin Madison Direct


This press release was issued on behalf of the news source (Franklin Madison Direct), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/new-industry-research-shows-direct-mail-outpaces-digital-in-performance-gains/

Copr. © 2025 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P127694 NOREL-3B

 

Food and Beverage Rebounds in June with 56 New Industrial Planned Projects Igniting Growth After Decline

JACKSONVILLE BEACH, Fla., June 10, 2025 (SEND2PRESS NEWSWIRE) — Industrial SalesLeads just released its June 2025 report, revealing a notable rebound in planned capital project spending for the North American Food and Beverage industry. After two months of decline, the sector saw a strong comeback with 56 new projects confirmed. June saw month-over-month growth across all categories with new construction up by 27%, expansion projects increasing by 66%, and renovations / equipment upgrades climbing by 40%. The Firm actively tracks all major industrial capital activity, including new plant builds and significant modernizations.

Food and Beverage Rebounds in June with 56 New Industrial Planned Projects Igniting Growth After Decline
Image caption: Food and Beverage Rebounds in June with 56 New Industrial Planned Projects Igniting Growth After Decline.

The following are selected highlights on new Food and Beverage industry construction news.

Food and Beverage Project Type

  • Processing Facilities – 44 New Projects
  • Distribution and Industrial Warehouse – 15 New Projects

Food and Beverage Project Scope/Activity

  • New Construction – 23 New Projects
  • Expansion – 15 New Projects
  • Renovations/Equipment Upgrades – 21 New Projects
  • Plant Closing – 5 New Projects

Food and Beverage Project Location (Top 10 States)

Washington – 7

New York – 6

California – 5

Indiana – 4

Iowa – 3

Maine – 3

Minnesota – 3

Ohio – 3

Tennessee – 3

Virginia – 3

Largest Planned Project

During the month of June, our research team identified 2 new Food and Beverage facility construction projects with an estimated value of $100 million or more.

The largest project is owned by Tuls Dairies, who is investing $186 million for the construction of a 240,000 sf processing facility in SEWARD, NE. Completion is slated for 2027.

Top 10 Tracked Food and Beverage Projects

IOWA:

Meat processing company is planning to invest $135 million for the construction of a processing facility in PERRY, IA. They are currently seeking approval for the project. Completion is slated for late 2026.

NEW YORK:

Foodservice distributor is planning to invest $41 million for the construction of a warehouse and processing facility at 3196 Route 426 in MINA, NY. They are currently seeking approval for the project. Construction is expected to start in Fall 2025. They will relocate operations upon completion in early 2027.

TENNESSEE:

Agricultural co-operative is planning to invest $33 million for the construction of 3 warehouse and office facilities totaling 488,000 sf on Waldron Rd. in LA VERGNE, TN. They are currently seeking approval for the project.

WISCONSIN:

Cheese mfr. is planning for the construction of a 384,000 sf processing facility on State Hwy 57 in PLYMOUTH, WI. Construction is expected to start in Spring 2026. They will relocate their operations upon completion in 2027.

NEW HAMPSHIRE:

Beverage company is planning for the renovation and equipment upgrades on a recently acquired 337,000 sf processing facility at 80 Northwest Blvd. in NASHUA, NH. They are currently seeking approval for the project.

TENNESSEE:

Specialty food product mfr. is planning to invest $30 million for the renovation and equipment upgrades on a recently acquired processing facility in DYERSBURG, TN. They are currently seeking approval for the project. Completion is slated for early 2026.

NEW YORK:

Dairy company is planning to invest $26 million for a 7,700 sf expansion and equipment upgrades on their processing and warehouse facility in BATAVIA, NY. They are currently seeking approval for the project.

INDIANA:

Nutritional supplement mfr. is planning for the construction of a 258,000 sf processing facility at 429 Fintail Dr. in INDIANAPOLIS, IN. They are currently seeking approval for the project.

CALIFORNIA:

Beverage mfr. is planning to invest $11 million for the expansion and equipment upgrades on their production facility in JURUPA VALLEY, CA. They have recently received approval for the project.

OHIO:

Brewery is planning for the renovation and equipment upgrades on a 200,000 sf production facility at 26025 First St. in WESTLAKE, OH. They are currently seeking approval for the project and will relocate their operations upon completion.

About Industrial SalesLeads, Inc.

Since 1959, Industrial SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team. Visit us at https://salesleadsinc.com/.

Each month, our team provides hundreds of industrial reports within a variety of industries, including:

Learn more:

https://www.salesleadsinc.com/industry/food-and-beverage/

https://www.salesleadsinc.com/solutions/industrial-project-reports/

NEWS SOURCE: Industrial SalesLeads Inc


This press release was issued on behalf of the news source (Industrial SalesLeads Inc), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/food-and-beverage-rebounds-in-june-with-56-new-industrial-planned-projects-igniting-growth-after-decline/

Copr. © 2025 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P127603 NOREL-3B

 

A New Survey from Handy Recovery Advisor Shows Over 70% of U.S. Users Have Faced Data Loss

A nationwide U.S. survey by Handy Recovery Advisor exposes the main causes, user habits, and blind spots behind data loss, and shows how common and preventable it is

SAN FRANCISCO, Calif., July 9, 2025 (SEND2PRESS NEWSWIRE) — Handy Recovery Advisor, a trusted resource for data recovery tips and digital safety advice, has published the results of a nationwide survey of 1,000 U.S. adults. The report highlights how everyday users deal with data loss and how most don’t take action until it’s too late.

Handy Recovery Advisor: Cover with data loss rate finding.
Image caption: Handy Recovery Advisor: Cover with data loss rate finding.

According to the study, 71% of Americans have lost data at least once. The two biggest culprits were found to be accidental deletion (34%) and hardware failure (30%). Together, they account for nearly two-thirds of all incidents. The survey results clearly show that data loss is something most people will eventually deal with, whether it’s due to human error or a device malfunction.

“Data loss isn’t a problem exclusive to businesses,” said Andrii Yasko, content strategist for Handy Recovery Advisor. “It happens in regular households every day. Our goal with this survey was to understand what people actually do in situations like this, what really works for them, and how these experiences shape their data habits going forward.”

MAC USERS ARE AT GREATER RISK

While many people see Apple devices as more dependable, the survey actually found that Mac users are 30% more likely to experience data loss than Windows users.

CLOUD STORAGE WORKS (IF YOU USE IT)

The survey revealed a clear connection between cloud adoption and data resilience. Nearly 60% of users who have never experienced data loss reported actively using cloud storage for their files.

MOST RECOVERIES ARE DIY, AND THEY OFTEN WORK

When data loss happens, most people rely on themselves. 60% of successful recoveries were done without professional help. Of those who tried the DIY route, nearly 79% got their files back.

Additional insights:

  • While 92% of respondents said they’re aware that data recovery is possible, only 28% have ever used recovery software.
  • About 33% said they’d pay for professional recovery – but only if the lost data was truly important.
  • Users with higher tech proficiency reported more data loss overall.

You can find a full report here: https://www.handyrecovery.com/data-loss-statistics/

METHODOLOGY

The survey was conducted through the Pollfish platform on June 24, 2025, and gathered responses from 1,000 U.S. adults across a broad range of states and age groups (18 to 75).

About Handy Recovery Advisor

Handy Recovery Advisor is a go-to resource for anyone interested in data recovery, data loss prevention, and smarter data management. Learn more at:  https://www.handyrecovery.com/.

NEWS SOURCE: Handy Recovery Advisor


This press release was issued on behalf of the news source (Handy Recovery Advisor), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/a-new-survey-from-handy-recovery-advisor-shows-over-70-of-u-s-users-have-faced-data-loss/

Copr. © 2025 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P127555 NOREL-3B

 

Refis, Product Shifts and Strong Agency Participation Define June Market Advantage Report

Optimal Blue data shows modest lock volume growth as purchase activity levels off and investor demand for shorter-duration assets grows

PLANO, Texas, July 8, 2025 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its June 2025 Market Advantage mortgage data report showing total lock volume rose 1.95% month-over-month (MoM), driven by increased refinance activity. Refinance share climbed from 16% to 18% of all locks as rate-and-term refinances jumped 17.4% MoM and 18.4% year-over-year (YoY). Cash-out refinances rose 8.1% from May and nearly 28% YoY. Meanwhile, purchase activity held relatively steady – a better-than-expected result for June, when the spring homebuying season typically tapers off.

Optimal Blue's June 2025 Market Advantage mortgage data report.
Image caption: Image caption: Optimal Blue’s June 2025 Market Advantage mortgage data report.

The report includes 19 mortgage data metrics, including additional borrower profile metrics and secondary market indicators newly introduced last month. One of these new metrics, non-QM lending, accounted for 7.4% of all June rate locks – a share that has gradually increased in recent months as lenders and borrowers explore alternative qualification paths.

“As market conditions evolve and affordability challenges persist, non-QM lending offers a path for qualifying creditworthy borrowers who may not meet qualified mortgage guidelines,” said Mike Vough, head of corporate strategy at Optimal Blue. “The steady rise in this category reflects the industry’s growing focus on flexibility and meeting borrowers where they are.”

On the capital markets side, the aggregator share of loan sales dropped 300 basis points (bps) MoM to 35%, suggesting that the agencies improved pricing margins and gained market share, either via the cash window or MBS securitizations.

“Given current news headlines, the decrease in aggregator market share corresponding with the increase in agency market share is noteworthy,” said Vough. “Both loans sold to the cash window and via MBS securitization were up 2% month over month. This highlights the need for lenders to review multiple investors and delivery methods to squeeze the most out of their loan sales.”

Key findings from the Market Advantage report, derived from direct-source mortgage lock and secondary market data, include:

  • Rates edge lower: The 30-year conforming loan rate dropped 17 bps to 6.67%. Jumbo rates fell 24 bps to 6.78%. FHA rates declined 6 bps to 6.47%, and VA rates decreased 16 bps to 6.29%.
  • Product mix shifts: Conforming share rose 114 bps to 53% of total volume, while non-conforming dipped 25 bps to 16.2%. FHA share declined 80 bps to 18.9%. VA and USDA shares held steady at or near last month’s levels at 11.3% and 0.7%, respectively.
  • Credit quality unchanged: The average FICO score edged up 1 point to 733.
  • Loan characteristics hold steady: The average loan amount declined slightly to $386,084. Across the top 30 MSAs, average loan amounts ranged from a high of $586,997 in metro New York to a low of $311,331 in Indianapolis. Average loan-to-value (LTV) ratio stood at 80.5%. Debt-to-income (DTI) ratio averaged 36.8% for conforming loans, 44.7% for FHA and 43.8% for VA.
  • ARMs decline: Adjustable-rate mortgage (ARM) share fell to 8.81%, compared to 9.11% in May. This decrease coincided with a slight flattening of the yield curve compared to the previous month.
  • Market spread trends remain steady: The 10-year Treasury yield dropped 17 bps to 4.24%, while the OBMMI 30-year conforming fixed rate (the benchmark for CME Group’s Mortgage Rate futures) declined 17 bps to 6.67%, keeping the spread steady at 2.43%.
  • Loan sales trend in agencies’ favor: Bulk aggregator sales declined 300 bps to 35%, while agency share grew as cash and MBS executions each rose 200 bps, signaling stronger agency appetite.
  • Loan pricing improves: The share of loans sold at the highest price increased 100 bps to 69%, while sales in the lowest pricing tier declined 100 bps to 12%, suggesting that loan characteristics or eligibility requirements played a smaller role in driving price dispersion.
  • Servicing valuations edge lower: MSR values for 30-year conforming loans declined slightly to 1.226%, tracking alongside the decrease in mortgage rates.
  • Pull-through rates increase: Supported by late-month rate improvements and steady new construction activity, purchase pull-through rose 170 bps to 84.8% and refinance pull-through climbed 29 bps to 62.6%.

To view the full June 2025 Market Advantage report, complete the free subscription form: https://engage.optimalblue.com/market-advantage.

Subscribers receive a report PDF each month with the latest data. Members of the press are eligible for special, advance access each month and should contact Olivia DeLancey to be added to the media list.

This month’s Market Advantage podcast features Rob Kessel, founder of Panoramic Capital Advisory and Consulting. Access the podcast: https://market-advantage.captivate.fm/episode/episode-10.

About the Market Advantage Report

Optimal Blue issues the Market Advantage mortgage report each month to provide insight into U.S. mortgage trends and drivers of lending profitability. Data is sourced from the Optimal Blue PPE, which is used to price and lock more than one-third of all mortgages nationwide, and Optimal Blue’s hedging and loan trading system, which supports approximately 40% of loans hedged and sold into the secondary market. As the leader in mortgage capital markets technology, Optimal Blue has a direct view of both origination and secondary market activity, and the interconnectedness of the two. Unlike self-reported survey data, Optimal Blue’s direct-source data accurately reflects the in-process loans in lenders’ pipelines and secondary market executions. Visit Optimal Blue’s website to subscribe to receive the free report each month.

Nothing herein shall be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.

About Optimal Blue

Optimal Blue effectively bridges the primary and secondary mortgage markets to deliver the industry’s only end-to-end capital markets platform. The company helps lenders of all sizes and scopes maximize profitability and operate efficiently so they can help American borrowers achieve the dream of homeownership. Through innovative technology, a network of interconnectivity, rich data insights, and expertise gathered over more than 20 years, Optimal Blue is an experienced partner that, in any market environment, allows lenders to optimize their advantage from pricing accuracy to margin protection, and every step in between. To learn more, visit https://OptimalBlue.com/.

MULTIMEDIA:

Image link for media: https://www.Send2Press.com/300dpi/25-0708-s2popblujune-300dpi.jpg

Image caption: Optimal Blue’s June 2025 Market Advantage mortgage data report.

NEWS SOURCE: Optimal Blue


This press release was issued on behalf of the news source (Optimal Blue), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/refis-product-shifts-and-strong-agency-participation-define-june-market-advantage-report/

Copr. © 2025 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P127507 NOREL-3B

 

May 2025 Industrial Manufacturing Near March 2025 Levels with 146 New Planned Capital Projects Heading into Summer

JACKSONVILLE, Fla., June 17, 2025 (SEND2PRESS NEWSWIRE) — Industrial SalesLeads announced today the May 2025 results for its new planned capital project spending report for the Industrial Manufacturing industry. The report reveals a continuation of robust activity. The Firm, which tracks North American planned industrial capital project activity including facility expansions, new plant construction, and significant equipment modernization projects, confirmed 146 new projects in the Industrial Manufacturing sector for May. This figure holds strong, just slightly below March’s 147 new industrial manufacturing planned projects, and marks a noticeable rebound from April’s 133 new planned projects. This signals sustained investment and expansion within the industry.

May 2025 Industrial Manufacturing Near March 2025 Levels with 146 New Planned Capital Projects
Image caption: May 2025 Industrial Manufacturing Near March 2025 Levels with 146 New Planned Capital Projects.

The following are selected highlights on new Industrial Manufacturing industry construction news.

Industrial Manufacturing – By Project Type

  • Manufacturing/Production Facilities – 122 New Projects
  • Distribution and Industrial Warehouse – 92 New Projects

Industrial Manufacturing – By Project Scope/Activity

  • New Construction – 43 New Projects
  • Expansion – 49 New Projects
  • Renovations/Equipment Upgrades – 55 New Projects
  • Plant Closings – 15 New Projects

INDUSTRIAL MANUFACTURING – BY PROJECT LOCATION (TOP 10 STATES)

Indiana – 12

Ohio – 12

North Carolina – 10

Florida – 9

Texas – 9

Michigan – 8

California – 7

South Carolina – 6

Alabama – 5

Illinois – 5

LARGEST PLANNED PROJECT

During the month of May, our research team identified 21 new Industrial Manufacturing facility construction projects with an estimated value of $100 million or more.

The largest project is owned by Eli Lilly and Company, who is planning to invest $6 billion for the construction of a processing campus in HOUSTON, TX. They are currently seeking approval for the project. Construction is expected to start in 2026, with completion slated for 2030.

TOP 10 TRACKED INDUSTRIAL MANUFACTURING PROJECTS

OKLAHOMA:

Aluminum products mfr. is planning to invest $4 billion for the construction of a manufacturing facility in INOLA, OK. They are currently seeking approval for the project. Construction is expected to start in late 2026.

KANSAS:

Pharmaceutical company is planning to invest $895 million for the expansion of their laboratory and processing facility in DE SOTO, KS by 200,000 sf. They are currently seeking approval for the project. Completion is slated for 2030.

NEW YORK:

Automotive mfr. is planning to invest $888 million for the renovation and equipment upgrades on their manufacturing facility in BUFFALO, NY. They are currently seeking approval for the project.

NORTH CAROLINA:

Biotechnology company is planning to invest $700 million for the construction of a 700,000 sf processing facility in HOLLY SPRINGS, NC. They are currently seeking approval for the project.

MICHIGAN:

Pharmaceutical company is considering investing $500 million for the construction of a processing facility and is currently seeking a site in the DETROIT, MI area.

FLORIDA:

Startup aerospace company is planning to invest $430 million for the construction of a 600,000 sf manufacturing and office facility in JACKSONVILLE, FL. They are currently seeking approval for the project. They will relocate their operations upon completion.

OKLAHOMA:

Building materials supplier is planning to invest $330 million for the expansion, renovation, and equipment upgrades on their manufacturing facility in DUKE, OK. They have recently received approval for the project. Completion is slated for Fall 2027.

SOUTH CAROLINA:

Wood fiberboard mfr. is planning to invest $250 million for the construction of a manufacturing facility at 1200 Spigner Rd. in ALCOLU, SC. They are currently seeking approval for the project. Completion is slated for 2028.

INDIANA:

Pharmaceutical company is planning to invest $250 million for the renovation and equipment upgrades on their laboratory and processing facilities in INDIANAPOLIS, IN and WEST LAFAYETTE, IN. They are currently seeking approval for the project.

OHIO:

Medical supplies mfr. is planning to invest $240 million for the renovation and equipment upgrades on a recently leased 638,000 sf manufacturing and warehouse facility in CINCINNATI, OH. They are currently seeking approval for the project.

ABOUT INDUSTRIAL SALESLEADS, INC.

Since 1959, Industrial SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team. Visit us at salesleadsinc.com.

Each month, our team provides hundreds of industrial reports within a variety of industries, including:

Learn more: https://www.salesleadsinc.com/industry/industrial-manufacturing/

NEWS SOURCE: Industrial SalesLeads Inc


This press release was issued on behalf of the news source (Industrial SalesLeads Inc), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/may-2025-industrial-manufacturing-near-march-2025-levels-with-146-new-planned-capital-projects-heading-into-summer/

Copr. © 2025 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P127017 NOREL-3B

 

Equipment Upgrades Drive the Food and Beverage New Industrial Planned Projects Growth in May 2025

JACKSONVILLE, Fla., June 10, 2025 (SEND2PRESS NEWSWIRE) — Industrial SalesLeads released its May 2025 report on new planned capital project spending within the Food and Beverage industry. The Firm monitors planned industrial activity across North America, including facility expansions, new plant construction, and major equipment modernization projects. Research for the month confirms 43 new projects in the Food and Beverage sector, with equipment upgrades leading the way.

Equipment Upgrades Drive the Food and Beverage New Industrial Planned Projects Growth in May 2025
Image caption: Equipment Upgrades Drive the Food and Beverage New Industrial Planned Projects Growth in May 2025.

The following are selected highlights on new Food and Beverage industry construction news.

Food and Beverage Project Type

Processing Facilities – 31 New Projects

Distribution and Industrial Warehouse – 15 New Projects

Food and Beverage Project Scope/Activity

New Construction – 18 New Projects

Expansion – 9 New Projects

Renovations/Equipment Upgrades – 15 New Projects

Plant Closing – 5 New Projects

Food and Beverage Project Location (Top 10 States)

California – 8

Florida – 3

Illinois – 3

Michigan – 3

New York – 3

Kentucky – 2

Missouri – 2

Ohio – 2

Pennsylvania – 2

South Carolina – 2

LARGEST PLANNED PROJECT

During the month of May, our research team identified 1 new Food and Beverage facility construction project with an estimated value of $100 million or more.

The largest project is owned by Anheuser-Busch InBev, who is planning for the expansion, renovations, and equipment upgrades on their production facility in COLUMBUS, OH. They are currently seeking approval for the project.

TOP 10 TRACKED FOOD AND BEVERAGE PROJECTS

CALIFORNIA:

Specialty snack food mfr. is planning to invest $70 million for an expansion of their processing facilities in SANTA MONICA, CA and BELL, CA. They are currently seeking approval for the project.

NEW YORK:

Food service distributor is planning for the construction of a 921,000 sf cold storage and distribution complex in ISLANDIA, NY. They are currently seeking approval for the project.

ILLINOIS:

Food and beverage company is considering the renovation and equipment upgrades on their processing facility at 1701 W. Bradley Ave. in CHAMPAIGN, IL.

MISSOURI:

Diversified food products mfr. is planning to invest $30 million for equipment upgrades on their processing facility at 204 Vine St. in MACON, MO. They are currently seeking approval for the project.

CALIFORNIA:

Specialty meat product mfr. is investing $30 million for the renovation and equipment upgrades on a 140,000 sf processing and warehouse facility in VERNON, CA. Construction has recently started, with completion slated for Fall 2025.

TEXAS:

Beverage company is planning for the renovation and equipment upgrades on a 500,000 sf distribution center at 4407 E. Grand Pkwy. S. in BAYTOWN, TX. They are currently seeking approval for the project.

WASHINGTON:

Beverage distributor is planning for the renovation and equipment upgrades on a recently leased 250,000 sf of warehouse space in SUMNER, WA. They will relocate their operations in early 2026.

KANSAS:

Nutritional supplement mfr. is planning for the construction of a 100,000 sf processing facility in DE SOTO, KS. They are currently seeking approval for the project.

WISCONSIN:

Specialty food ingredient mfr. is planning for the renovation and equipment upgrades on a recently acquired 99,000 sf processing facility at 427 E. Wisconsin St. in SPARTA, WI. They are currently seeking approval for the project.

FLORIDA:

Seed distributor is planning for the construction of a 37,000 sf warehouse, office, institutional, and research facility in SEBRING, FL. They are currently seeking approval for the project. Construction will occur in two phases.

About Industrial SalesLeads, Inc.

Since 1959, Industrial SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team. Visit us at https://salesleadsinc.com/.

Each month, our team provides hundreds of industrial reports within a variety of industries, including:

Learn more: https://www.salesleadsinc.com/industry/food-and-beverage/

NEWS SOURCE: Industrial SalesLeads Inc


This press release was issued on behalf of the news source (Industrial SalesLeads Inc), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/equipment-upgrades-drive-the-food-and-beverage-new-industrial-planned-projects-growth-in-may-2025/

Copr. © 2025 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P126823 NOREL-3B

 

Optimal Blue Releases May Data Findings, Announces Expansion of Monthly Report for More Comprehensive Lender Profitability Insights

Company adds nine new data metrics to its Market Advantage mortgage data report for deeper view into drivers of lending profitability, including DTI, loan sale execution and borrower profiles

PLANO, Texas, June 10, 2025 (SEND2PRESS NEWSWIRE) — Optimal Blue today released the May 2025 edition of its now-expanded Market Advantage mortgage data report, which features newly added borrower profile and capital market datasets for a more comprehensive picture of early-stage mortgage activity and loan profitability. The enhancements come at a critical time for mortgage lenders navigating heightened interest rates, tighter margins, increased volatility and deepening affordability challenges.

Optimal Blue's May 2025 Market Advantage mortgage data report
Image caption: Optimal Blue’s May 2025 Market Advantage mortgage data report.

NEW DATA REVEALS DEEPER INSIGHTS INTO BORROWER BEHAVIOR AND CAPITAL MARKETS DYNAMICS

This month’s report includes five new borrower profile metrics, including first-time homebuyer status, debt-to-income ratio and citizenship, as well as four new secondary market indicators, including data on loan sale execution and servicing valuations. These insights help lenders understand not just who is borrowing, but how loan performance and profitability are being shaped in capital markets.

“The Market Advantage has long been a trusted source for early mortgage market insights, and we’ve used Optimal Blue’s position as the leader in capital markets technology to take the report to the next level,” said Mike Vough, head of corporate strategy at Optimal Blue. “These new metrics provide deeper insight into the interconnectedness of front-end borrower affordability and back-end loan sale execution, allowing housing finance professionals and market observers alike to better understand how primary market activity and secondary market dynamics intersect to drive lending profitability.”

SPRING HOMEBUYING SEASON UNDERPERFORMS AS AFFORDABILITY TIGHTENS

While May typically brings a seasonal lift in purchase activity, this year’s data tells a different story. Total lock volume fell 5.87% month-over-month (MoM), and purchase activity was flat – a clear underperformance for what is typically one of the strongest homebuying months of the year. Rising interest rates further suppressed refinance incentives, dragging refinance share down from 21% to 16%.

“Rising mortgage rates are squeezing borrower affordability, while tighter spreads are putting pressure on lenders in the secondary market,” said Brennan O’Connell, director of data solutions at Optimal Blue. “With the brief window of affordability relief now closed, the new data shows first-time buyers are feeling the strain, with modest declines in their share of conforming and FHA loan locks.”

Key findings from the Market Advantage report, derived from direct-source mortgage lock and secondary market data, include:

  • Overall lock activity declines: Total mortgage rate lock volume fell 5.87% MoM, reflecting a more difficult rate environment.
  • Refinance activity drops sharply: Refinance share declined from 21% to 16% as rising rates further eroded borrower incentive. Rate-and-term refinances were down 44.4% MoM, while cash-out refis fell 10%.
  • Spring purchase demand underwhelms: Purchase activity was flat MoM, and purchase lock counts (which control for home price appreciation) were down 10% year-over-year (YoY).
  • Rates rise and spreads tighten: The OBMMI 30-year conforming fixed rate (the benchmark for the CME Mortgage Rate futures) rose 16 basis points to 6.84%. The 10-year Treasury yield increased 26 bps to 4.41%, narrowing the OBMMI-Treasury spread to 2.44%, a 10 bps MoM contraction. This signal of rising secondary market pressure was reinforced by slight declines in two of the newly added metrics in this month’s report: servicing valuations and the share of loans executed at the highest price.
  • Product mix shifts modestly: Conforming loan share rose to 51.9% (up 92 bps), and nonconforming share edged up to 16.4% (up 4 bps). Government-backed lending declined as FHA share fell to 19.7% (down 52 bps), VA dropped to 11.4% (down 48 bps) and USDA lending held steady at 0.7%.
  • Credit quality holds steady: The average FICO score and average debt-to-income (DTI) ratio held steady across various loan programs.
  • Loan amounts trend lower: The average loan amount dipped slightly to $386,460 from April’s $387,523. Average loan-to-value (LTV) ratio stood at 80.87%. Across the top 30 metropolitan statistical areas, average loan amounts ranged from a high of $602,888 in metro New York to a low of $385,597 in Raleigh, North Carolina.
  • ARM usage declines: Adjustable-rate mortgages accounted for 9.11% of lock volume, down from 10.3% in April.
  • FTHB share softens: First-time homebuyer share was 42% for conforming loans (down 1%), 68% for FHA (down 2%) and 48% for VA (up 1%). The decline in conforming and FHA FTHB share suggests affordability headwinds may be weighing more heavily on entry-level borrowers.
  • Non-QM lending edges up: Loans locked under expanded guidelines (i.e., non-QM) represented 7.36% of May’s volume, continuing a gradual upward trend as lenders and borrowers explore alternative qualification paths.

To view the full May 2025 Market Advantage report, complete the free subscription form: https://engage.optimalblue.com/market-advantage. Subscribers receive a report PDF each month with the latest data. Members of the press are eligible for special, advance access each month and should contact Olivia DeLancey to be added to the media list.

This month’s Market Advantage podcast features Optimal Blue CEO Joe Tyrrell. Access the podcast: https://market-advantage.captivate.fm/episode/episode-9/

ABOUT THE MARKET ADVANTAGE REPORT

Optimal Blue issues the Market Advantage mortgage data report each month to provide insight into U.S. mortgage trends and drivers of lending profitability. Data is sourced from the Optimal Blue PPE, which is used to price and lock more than one-third of all mortgages nationwide, and Optimal Blue’s hedging and loan trading system, which supports approximately 40% of loans hedged and sold into the secondary market. As the leader in mortgage capital markets technology, Optimal Blue has a direct view of both origination and secondary market activity, and the interconnectedness of the two. Unlike self-reported survey data, Optimal Blue’s direct-source data accurately reflect the in-process loans in lenders’ pipelines and secondary market executions. Visit Optimal Blue’s website to subscribe to receive the free report each month.

Nothing herein shall be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.

About Optimal Blue

Optimal Blue effectively bridges the primary and secondary mortgage markets to deliver the industry’s only end-to-end capital markets platform. The company helps lenders of all sizes and scopes maximize profitability and operate efficiently so they can help American borrowers achieve the dream of homeownership. Through innovative technology, a network of interconnectivity, rich data insights, and expertise gathered over more than 20 years, Optimal Blue is an experienced partner that, in any market environment, allows lenders to optimize their advantage from pricing accuracy to margin protection, and every step in between. To learn more, visit https://OptimalBlue.com/.

IMAGE LINK for media: https://www.Send2Press.com/300dpi/25-0619-s2p-opbluemay25-300dpi.jpg

Image caption: Optimal Blue’s May 2025 Market Advantage mortgage data report

NEWS SOURCE: Optimal Blue


This press release was issued on behalf of the news source (Optimal Blue), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/optimal-blue-releases-may-data-findings-announces-expansion-of-monthly-report-for-more-comprehensive-lender-profitability-insights/

Copr. © 2025 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P126818 NOREL-3B

 

BOOKS TO BOOKMARK List for Q1 2025 Showcases 11 Interesting New Books Worth a Look

Some great new books worth a read you've probably never heard of

TEMECULA, Calif., May 16, 2025 (SEND2PRESS NEWSWIRE) — Publishers Newswire (PNW), an online news publisher covering books, music, indie film, and software launched in 2004, today announced its latest quarterly “books to bookmark” list for Q1 (Jan.-March) 2025, noting 11 new and interesting “good reads” from small publishers released in 2025. These newly published books are often overlooked due to not coming from major traditional book publishing houses or celebrity authors.

BOOKS TO BOOKMARK List for Q1 2025 Showcases 11 Interesting News Books Worth a Look
Image caption: BOOKS TO BOOKMARK List for Q1 2025.

“This time out we have a fun mix of fantasy fiction, lifestyle and pure business books,” says PNW editor and publisher, Christopher Laird Simmons, who has worked in the publishing world since the late ‘70s, and is also CEO of the website’s parent company, NEOTROPE.

11 BOOKS WORTH A LOOK FOR Q1 2025:

(alphabetical order by book title)

:: BEFORE THE CAMINO: YOUR POCKET GUIDE TO PREPARE YOUR BODY AND MIND FOR THE CAMINO DE SANTIAGO

Camino Chronicles Press and Karin Kiser have released “Before the Camino: Your Pocket Guide to Prepare Your Body and Mind for the Camino de Santiago.” While most Camino guidebooks focus on logistics, Kiser takes a new approach in this comprehensive guide, addressing the deeper issues that compel people from all walks of life to the Camino de Santiago. Karin Kiser is the author of 10 books, and has been on and off the Camino de Santiago since 2011 – as a pilgrim, hospitalera, Pilgrim Office volunteer, and guide for small groups.

:: CIRCLE OF PEACE: A GREEK TALE OF PERSE’S GREAT HALL

From acclaimed author Sophia Kouidou-Giles comes “Circle of Peace: A Greek Tale of Perse’s Great Hall” (ISBN: 978-1647428488), is aa stunning standalone novel that offers a captivating blend of history, drama, and timeless human emotion to illuminate the untold story of Perse, Circe’s mother and the formidable wife of the sun god Helios. In this bold retelling, Perse emerges as a compelling heroine who navigates the complexities of grief, loyalty, and resilience to become a voice for peace in a tumultuous world. Kouidou-Giles holds a bachelor’s degree in psychology and master’s in social work. In her 30-year child welfare career, she served as a practitioner, educator, researcher, and administrator and published articles in Greek and English professional journals.

:: CULTIVATING CHAMPIONS OF CI: A LEADER’S TOOLBOX FOR CREATING A CONTINUOUS IMPROVEMENT CULTURE

Lean Six Sigma Master Black Belt and leadership expert Gary Cox’s latest book, “Cultivating Champions of CI: A Leader’s Toolbox for Creating a Continuous Improvement Culture” (ISBN: 978-1779622884), offers leaders a practical approach to building a culture of continuous improvement (CI) within their organizations. With over 20 years of hands-on experience in CI leadership across diverse industries, Cox has a proven track record of enhancing organizational performance and employee engagement.

:: DISCOVERING AND EMBRACING YOUR LIFE PURPOSE

After decades of helping others find meaning in their lives, renowned life coach and entrepreneur Paul T. Peters offers his proven method in “Discovering and Embracing Your Life Purpose” (ISBN: 978-1964377681), a practical guide to uncovering one’s unique calling. The book details how Peters overcame significant personal challenges, including addiction, relationship failures, and career setbacks.

:: HARBINGER

Fantasy lovers and epic world-building enthusiasts have a new saga to explore in “Harbinger” (ISBN: 978-1998454334), the latest novel by Niah Bach. This spellbinding tale of prophecy, betrayal, and forbidden love takes readers deep into the mystical realm of Praetoria, where the fate of an empire hangs in the balance. Bach crafts a journey filled with tension, romance, and intrigue. “Harbinger” is perfect for fans of immersive fantasy and character-driven narratives.

:: I NEED A MINUTE: EMBRACING YOUR MENTAL HEALTH: A GUIDE FOR PEOPLE OF FAITH

A just-in-time new book for today’s stressed-out world, “I Need A Minute: Embracing Your Mental Health: A Guide for People of Faith” (ISBN: 979-8303903685) helps readers seeking to integrate their faith with their mental health journey. This timely guide by author Rev. Dr. A’Shellarien Addison empowers readers to embrace vulnerability, overcome stigma, and find peace, healing, and purpose through a holistic, faith-driven approach. Rev. Dr. A’Shellarien Addison is an Army Chaplain, spiritual trauma-informed counselor and coach, prolific author, international speaker, mentor, wife, mother, and grandmother.

:: KNOW, TRUST, ABANDON

Gerald Mackrell, a lifelong seeker of spiritual truth, invites readers on a deeply personal journey of faith, reflection, and exploration in his latest book, “Know, Trust, Abandon” (ISBN: 978-1779623188). Mackrell’s thought-provoking work delves into humanity’s perennial question: “Is there any meaning to life, or am I merely part of an elaborate accident that occurred millions of years ago?” While science offers a plausible framework with theories like the “Big Bang,” Mackrell probes deeper, addressing the spiritual dimensions that science often leaves untouched.

:: THE EVERYDAY LEADER: INNER MASTERY, OUTER IMPACT

Leadership coach and workplace performance consultant Laura Dowling’s new book, “The Everyday Leader: Inner Mastery, Outer Impact” (ISBN: 978-1779623645) is an insightful guide that redefines leadership as an accessible and essential practice for individuals at every level. Through a structured framework – “From ME,” “To WE,” and “To US” – Dowling guides readers through a self-discovery process that fosters leadership rooted in self-awareness, collaboration, and societal impact. The book reinforces the notion that “self-knowledge is the master key to personal and professional success.”

:: THE HIDDEN FORCE WITHIN: PRACTICAL TOOLS TO INTEGRATE ENERGY MEDICINE INTO YOUR HEALTH AND HEALING

When Sarah Lascano faced debilitating chronic fatigue syndrome and multiple food sensitivities affecting 90% of her diet, doctors told her there was nothing they could offer. After years of searching, she found dramatic healing when she discovered energy medicine. It is now her passion to help people find healing for hard-to-treat illness, even when nothing else has worked. In her new book, “The Hidden Force Within: Practical Tools to Integrate Energy Medicine into Your Health and Healing” (ISBN: 978-0999651940), she shares a new way of looking at symptoms and practical healing solutions.

:: THE SELF•ISH SERVANT: INSPIRATIONAL LESSONS FROM A VISIONARY CEO TO CREATE EXTRA-ORDINARY LIFE

“The Self•ish Servant: Inspirational Lessons from a Visionary CEO to Create Extra-Ordinary Life” (ISBN: 978-1964377520), chronicles the remarkable journey of Antonio McBroom from rural North Carolina to award-winning CEO, presenting an innovative framework for leadership that combines self-development with servant leadership principles. The book demonstrates how combining tenacity, self-awareness and servant leadership creates sustainable success in both business and life.

:: THE TALE OF SIR VALIANT AND EARL VLADIMOOR: A CLASH OF GOOD AND EVIL

Canadian author William J. Birrell’s latest fantasy adventure book, “The Tale of Sir Valiant and Earl Vladimoor: A Clash of Good and Evil” (ISBN: 978-1779624901), is a classic tale of heroism and sacrifice follows the adventures of Sir Valiant, a steadfast knight, as he battles against the sinister Vladimoor, the Dark Earl of Dragonshire, in a fight for justice, honor, and love. Holding multiple degrees, including a Master of Education, Birrell has combined his passion for storytelling with his long-established academic background.

LEARN MORE:

To learn more about these and other great reads you’ve never heard about, visit:

https://publishersnewswire.com/book-news/

ABOUT PUBLISHERS NEWSWIRE:

Publishers Newswire™ is an online publication founded in 2004, part of the Neotrope News Network, covering books and publishing, music and software news. Publishers Newswire does not endorse, “recommend,” or review any of the book titles mentioned, and the specific books mentioned are for informational purpose only. No fee or other consideration was paid for inclusion in this list.

ABOUT NEOTROPE:

Neotrope® has been in the publishing business since the late 1970s, when then teenage founder Christopher Simmons published first “The Comic Collectors Comic Checklist” sold at the San Diego Comic-Con. The company went on to publish “The Galaxy of Fandom” a two-issue entertainment magazine, and later “The Adama Journal” a fanzine for “Battlestar Galactica.” In 1982, “The Unicorn Hunters Guidebook” was featured in Playboy magazine. In 1987, a fanzine for “Star Trek: The Next Generation” called “Galaxy Class” launched. In 2008, the company published “FRACTOPIA” a coffee table art book by Simmons (ISBN: 978-0971055506; Neotrope Press).

The company publishing unit was originally called Silver Unicorn Graphics (S.U. Graphics and Marketing), became Mindset Press in 1987 and Neotrope Press in 1997. The Neotrope News Network was launched in 2004.

The company is also a leader in online advertising and marketing, public relations, music/video and multimedia. Neotrope is based in the Southern California wine country of Temecula. Neotrope® is a registered trademark in the U.S. and Europe. The company celebrated its 40th anniversary Jan. 2023.

Christopher Simmons has been a working journalist since 1984 when he sold his first article to POLYPHONY magazine. Later writing for diverse pubs including Computer Player, Digital Imaging, Micro Publishing News, Spazz, the Graphic Artist’s Guild newspaper, among many others. He has been widely interviewed on topics related to technology, marketing, health and entertainment.

Learn more about Neotrope at: https://neotrope.com/ (website under reconstruction).

NOTE: NEOTROPE does not publish any of the “books to bookmark” mentioned in this press release nor represent any author or publisher in an agency capacity. For questions about any of the books mentioned contact the author or publisher directly and not this website.

NEWS SOURCE: Publishers Newswire


This press release was issued on behalf of the news source (Publishers Newswire), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/books-to-bookmark-list-for-q1-2025-showcases-11-interesting-new-books-worth-a-look/

Copr. © 2025 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P126264 NOREL-3B

 

ACES Q4/CY 2024 Mortgage QC Industry Trends Report finds quarterly defect rate falls to 1.16% as annual loan quality improves

Q4 2024 marks second-lowest defect rate on record while full-year results reflect a 9.5% year-over-year improvement despite lingering compliance and eligibility risks

DENVER, Colo., May 15, 2025 (SEND2PRESS NEWSWIRE) — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of its quarterly ACES Mortgage QC Industry Trends Report covering the fourth quarter (Q4) and calendar year (CY) of 2024. The latest report analyzes post-closing quality control data derived from ACES Quality Management & Control® software.

Figure 2 from the Q4/CY 2024 ACES Mortgage QC Industry Trends report displays the percentage of loans with critical defects by quarter for each quarter in CY 2023 and CY 2024.
Image caption: Figure 2 from the Q4/CY 2024 ACES Mortgage QC Industry Trends report displays the percentage of loans with critical defects by quarter for each quarter in CY 2023 and CY 2024.

Key findings from the Q4/CY 2024 report include:

  • The overall Q4 2024 critical defect rate was 1.16%, reflecting a 23.18% decrease from Q3 2024.
  • CY 2024’s average critical defect rate was 1.52%, down 9.52% from CY 2023.
  • Of the four major underwriting categories, Assets, Income/Employment and Credit improved in Q4 2024, while Legal/Regulatory/Compliance and Product Eligibility saw increases. On a year-over-year basis, only Income/Employment and Assets saw declines.
  • In Q4 2024, Legal/Regulatory/Compliance emerged as the leading defect category, followed by a tie between Assets and Income/Employment.
  • For CY 2024, Income/Employment and Assets were again the most cited defect categories, followed by Credit and Legal/Regulatory/Compliance.
  • Sub-category analysis for Q4 2024 showed declines in Documentation and Calculation/Analysis defects within the Income/Employment category. Meanwhile, Eligibility-related defects increased in the Income/Employment, Assets, and Credit categories, and Documentation-related defects also rose in the Assets category.
  • Refinance review share increased in Q4 2024, while purchase review share declined. Refinance defect share increased modestly, while purchase defect share fell.
  • For CY 2024, FHA review share increased, with defect share decreasing from Q3 to Q4. Conventional review share remained steady, while USDA and VA volume remained low overall.
  • In Q4, FHA defect share improved, while conventional defect share increased modestly. VA defect share was largely unchanged.
  • For CY 2024, defect share declined for FHA and USDA loans, increased slightly for conventional loans, and remained flat for VA.

“Lenders made meaningful progress in loan quality in 2024, closing the year with one of the lowest quarterly critical defect rates we’ve ever observed,” said ACES Executive Vice President Nick Volpe. “However, continued volatility across the Legal / Regulatory / Compliance and Insurance categories, as well as within the Income/Employment Eligibility subcategory, highlights the importance of ongoing diligence in quality control efforts.”

Findings for the Q4/CY 2024 ACES Mortgage QC Industry Trends are based on post-closing quality control data derived from the ACES Quality Management and Control® benchmarking system and incorporate data from prior quarters and/or calendar years, where applicable. All reviews and defect data evaluated for the report were based on loan audits selected by lenders for full file reviews.

The Mortgage QC Industry Trends Reports are available for free download at https://www.acesquality.com/resources/reports.

About ACES Quality Management

ACES Quality Management is the leading provider of enterprise quality management and control software for the financial services industry. The nation’s most prominent lenders, servicers and financial institutions rely on ACES Quality Management & Control® Software to improve audit throughput and quality while controlling costs, including:

Over 70% of the top 20 independent mortgage lenders;

  • 7 of the top 10 loan servicers;
  • 11 of the top 30 banks; and
  • 3 of the top 5 credit unions in the United States.

Unlike other quality control platforms, ACES Flexible Audit Technology® gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ACES clients get responsive support and access to our experts to maximize their investment. For more information, visit https://www.acesquality.com/ or call 1-800-858-1598.

NEWS SOURCE: ACES Quality Management


This press release was issued on behalf of the news source (ACES Quality Management), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/aces-q4-cy-2024-mortgage-qc-industry-trends-report-finds-quarterly-defect-rate-falls-to-1-16-as-annual-loan-quality-improves/

Copr. © 2025 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P126219 NOREL-3B

 

Renovations and Equipment Upgrades Make Up 44% of the 48 New Industrial Projects for Food & Beverage in April 2025

The Firm's tracking encompasses facility expansions, new plant constructions, and key equipment modernization initiatives within the sector

JACKSONVILLE BEACH, Fla., May 13, 2025 (SEND2PRESS NEWSWIRE) — Industrial SalesLeads released its April 2025 report on planned capital project spending within the North American Food and Beverage industry, revealing a total of 48 new projects. Notably, renovations and equipment upgrades constituted 44% of this activity. The Firm’s tracking encompasses facility expansions, new plant constructions, and key equipment modernization initiatives within the sector.

Industrial SalesLeads released its April 2025 report on planned capital project spending within the North American Food and Beverage industry
Image caption: Industrial SalesLeads released its April 2025 report on planned capital project spending within the North American Food and Beverage industry.

The following are selected highlights on new Food and Beverage industry construction data.

FOOD AND BEVERAGE PROJECT TYPE

Processing Facilities – 35 New Projects

Distribution and Industrial Warehouse – 17 New Projects

FOOD AND BEVERAGE PROJECT SCOPE/ACTIVITY

New Construction – 19 New Projects

Expansion – 11 New Projects

Renovations/Equipment Upgrades – 21 New Projects

Plant Closing – 4 New Projects

FOOD AND BEVERAGE PROJECT LOCATION (TOP 10 STATES)

Michigan – 6

California – 5

New York – 4

Pennsylvania – 4

Georgia – 3

Texas – 3

Florida – 2

Kansas – 2

Wisconsin – 2

Indiana – 1

LARGEST PLANNED PROJECT

The month of April saw our research team identify three newly planned Food and Beverage facility construction projects, carrying an estimated value of $100 million or greater.

The largest project is owned by Chobani, who is planning to invest $1 billion for the construction of a 1.4 million sf processing facility in ROME, NY. They are currently seeking approval for the project. Construction is expected to start in late 2025.

TOP 10 TRACKED FOOD AND BEVERAGE PROJECTS

DELAWARE:

Grocery retail chain is planning to invest $550 million for the construction of a 1.1 million sf distribution center in NEW CASTLE, DE. They are currently seeking approval for the project. Completion is slated for 2030.

WASHINGTON:

Seafood wholesaler is planning to invest $280 million for the construction of a 550,000 sf processing facility in TACOMA, WA. They are currently seeking approval for the project. Construction is expected to start in Summer 2025.

IOWA:

Organic herb and spice mfr. is planning to invest $30 million for a 90,000 sf expansion and equipment upgrades on their processing and warehouse facility at 200 Industrial Park Blvd. in BELLE PLAINE, IA. They are currently seeking approval for the project.

TENNESSEE:

Snack food mfr. is planning to invest $27 million for the construction of a 19,000 sf distribution center on Corporate Pkwy. Blvd. in CLARKSVILLE, TN. They are currently seeking approval for the project.

INDIANA:

Nutritious food company is planning for the renovation and equipment upgrades on a recently leased 805,000 sf distribution center in MOUNT COMFORT, IN. They are currently seeking approval for the project.

MICHIGAN:

Beverage company has recently agreed to pre-lease 300,000 sf of processing space at 4175 60th St. SE in KENTWOOD, MI. They will relocate their operations upon completion in late 2025.

SOUTH DAKOTA:

Cheese mfr. is planning for the expansion of their processing facility in BROOKINGS, SD by 100,000 sf. They are currently seeking approval for the project. Construction is expected to start in Fall 2025, with completion slated for 2027.

TEXAS:

Peanut product mfr. is planning to invest $15 million for the expansion and equipment upgrades on their processing facility in CONROE, TX. They have recently received approval for the project. Completion is slated for 2026.

CALIFORNIA:

Fresh produce company is planning for the renovation and equipment upgrades on a recently leased 80,000 sf warehouse at 7820 Paseo De La Fuente in SAN DIEGO, CA. They are currently seeking approval for the project.

ILLINOIS:

Meat processing company is planning to invest $11 million for the construction of a processing and office facility at 8708 S. IL RT 23 in MARENGO, IL. They are currently seeking approval for the project. They will relocate their operations upon completion.

About Industrial SalesLeads, Inc.

Since 1959, Industrial SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team. Visit us at salesleadsinc.com.

Each month, our team provides hundreds of industrial reports within a variety of industries, including:

Learn more: https://www.salesleadsinc.com/solutions/industrial-project-reports/

NEWS SOURCE: Industrial SalesLeads Inc


This press release was issued on behalf of the news source (Industrial SalesLeads Inc), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/renovations-and-equipment-upgrades-make-up-44-of-the-48-new-industrial-projects-for-food-beverage-in-april-2025/

Copr. © 2025 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P126159 NOREL-3B

 

Lock Volume Rises 3.2% in April, Driven by Uptick in FHA Loans, Despite Economic Volatility

Optimal Blue's April 2025 Market Advantage data report shows stronger purchase activity, a shifting loan mix, and signs of investor caution

PLANO, Texas, May 13, 2025 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its April 2025 Market Advantage mortgage data report showing total loan lock volume rose 3.2% month-over-month (MoM) as the spring homebuying season progressed, with purchase locks up 7.5% despite ongoing economic pressures.

Optimal Blue's April 2025 Market Advantage mortgage data report
Image caption: Optimal Blue’s April 2025 Market Advantage mortgage data report.

April kicked off with significant volatility in the bond market as investors responded to tariff announcements. Over the first 10 days of the month, interest rates fluctuated between 6.48% and 6.98%, a 50-basis-point (bps) range. The benchmark OBMMI 30-year conforming fixed rate briefly fell below 6.5% for the first time since October 2024 before climbing to end the month at 6.7%, about 10 bps above where it started.

“Last month’s report showed early signs of spring homebuyer activity, and April confirms the season is underway with a solid increase in purchase locks,” said Brennan O’Connell, director of data solutions at Optimal Blue. “We also saw a shift toward FHA loans, often used by first-time or credit-challenged buyers, and away from non-conforming products, possibly reflecting investor caution in response to broader economic uncertainty.”

Key findings from the Market Advantage report, derived from direct-source mortgage lock data, include:

  • Interest rate turbulence: Rates whipsawed at the start of the month amid market reactions to new tariff developments, dropping by one-eighth essentially overnight. The OBMMI 30-year conforming fixed rate – the benchmark for the CME Mortgage Rate futures contract – finished April at roughly 6.7%, up from 6.6% in March. FHA rates rose 17 bps to 6.44%, VA rates rose 9 bps to 6.28%, and jumbo rates climbed 11 bps to 6.84%.
  • YoY purchase volume down, again: While MoM purchase locks were up 7.5%, they were down 5% YoY. Isolating purchase loan counts reveals a deeper 7% YoY decline, continuing a trend seen each month so far this year.
  • FHA loans gain ground as other categories slip: FHA share rose to 20.2% in April, gaining 50 bps, while non-agency lending fell 46 bps to 16.4%. The shift suggests reduced investor risk tolerance amid economic uncertainty. Conforming loan share dipped slightly to 51%, and VA share also declined modestly to 11.8%. USDA volume remained steady at 0.6%.
  • Adjustable-rate mortgages rise: ARMs accounted for 10.34% of total lock volume in April, up from just under 9% in March, as buyers looked for ways to improve affordability.
  • Refinance activity stalls: After a couple of very strong days early in the month, refinance volume fell off in response to rising interest rates. Rate-and-term refis dropped 15% MoM, and cash-out refis dipped 3%. Refinance share fell from 25% in March to 21% in April.
  • Loan amounts, home prices edge down: The average loan amount declined to $387.5K from $391.7K, while the average purchase price slipped to $483.5K from $486.9K. Regional differences remain stark; average loan amounts ranged from $601,660 in the New York City metro area to $374,945 in greater Minneapolis.

The full Market Advantage report, which provides more detailed findings and additional insights into U.S. mortgage market trends, can be viewed at (PDF): https://www2.optimalblue.com/OB_MarketAdvantage_MortgageDataReport_Apr2025.pdf

This month’s Market Advantage podcast features Optimal Blue Chief Product Officer Erin Wester, discussing the impact of technological innovations in the mortgage industry. Watch or listen to the episode: https://market-advantage.captivate.fm/episode/episode-8/.

About the Market Advantage Report

Optimal Blue issues the Market Advantage mortgage data report each month to provide early insight into U.S. mortgage trends. Leveraging lender rate lock data from the Optimal Blue PPE – the mortgage industry’s most widely used product, pricing, and eligibility engine – the Market Advantage provides a view of early-stage origination activity. Unlike self-reported survey data, mortgage lock data is direct-source data that accurately reflects the in-process loans in lenders’ pipelines.

Nothing herein shall be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.

About Optimal Blue

Optimal Blue effectively bridges the primary and secondary mortgage markets to deliver the industry’s only end-to-end capital markets platform. The company helps lenders of all sizes and scopes maximize profitability and operate efficiently so they can help American borrowers achieve the dream of homeownership. Through innovative technology, a network of interconnectivity, rich data insights, and expertise gathered over more than 20 years, Optimal Blue is an experienced partner that, in any market environment, allows lenders to optimize their advantage from pricing accuracy to margin protection, and every step in between. To learn more, visit https://OptimalBlue.com/.

MULTIMEDIA:

Image link for media: https://www.Send2Press.com/300dpi/25-0513-s2p-opbluapril-300dpi.jpg

Image caption: Optimal Blue’s April 2025 Market Advantage mortgage data report.

NEWS SOURCE: Optimal Blue


This press release was issued on behalf of the news source (Optimal Blue), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/lock-volume-rises-3-2-in-april-driven-by-uptick-in-fha-loans-despite-economic-volatility/

Copr. © 2025 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P126135 NOREL-3B

 

New Manufacturing Construction Pipeline Grows: 133 Projects Planned with Renovation & Equipment Focus in April 2025

JACKSONVILLE BEACH, Fla., May 6, 2025 (SEND2PRESS NEWSWIRE) — Industrial SalesLeads released its April 2025 report on planned capital project spending in the Manufacturing construction industry, highlighting a growing new project pipeline. The Firm’s tracking of North American activity identified 133 new projects slated for development. This surge includes investments in facility expansions, the construction of new manufacturing plants, and significant equipment modernization projects.

Industrial SalesLeads released its April 2025 report
Image caption: Industrial SalesLeads released its April 2025 report.

The following are selected highlights on new Manufacturing construction industry news.

INDUSTRIAL MANUFACTURING – BY PROJECT TYPE

Manufacturing/Production Facilities – 115 New Projects

Distribution and Industrial Warehouse – 100 New Projects

INDUSTRIAL MANUFACTURING – BY PROJECT SCOPE/ACTIVITY

New Construction – 31 New Projects

Expansion – 41 New Projects

Renovations/Equipment Upgrades – 65 New Projects

Plant Closings – 11 New Projects

INDUSTRIAL MANUFACTURING – BY PROJECT LOCATION (TOP 10 STATES)

Ohio – 13

Texas – 12

Michigan – 9

Pennsylvania – 9

California – 7

North Carolina – 7

Arizona – 6

Illinois – 6

Indiana – 6

New York – 6

LARGEST PLANNED PROJECT

For April, our research team identified an impressive 13 new construction projects, each boasting an estimated value exceeding $100 million. This signals a strong wave of investment and expansion within the industry.

The largest project is owned by Fuyao Glass America, who is planning to invest $400 million for the expansion and equipment upgrades on their manufacturing facility in DECATUR, IL. They are currently seeking approval for the project.

TOP 10 TRACKED INDUSTRIAL MANUFACTURING PROJECTS

OKLAHOMA:

Tire mfr. is planning to invest $320 million for the renovation, expansion, and equipment upgrades on their manufacturing and warehouse facility in LAWTON, OK. They are currently seeking approval for the project.

TEXAS:

Solar module equipment mfr. is planning to invest $265 million for the expansion and equipment upgrades on their manufacturing and warehouse facility in SAN ANTONIO, TX. Completion is slated for early 2026.

MINNESOTA:

Biotechnology company is planning to invest $132 million for the renovation and equipment upgrades on a 122,000 sf processing facility at 7500 Meridian Circle N. in MAPLE GROVE, MN. They are currently seeking approval for the project. Completion is slated for 2027.

ILLINOIS:

Medical device mfr. is planning to invest $115 million for the renovation and equipment upgrades on a manufacturing facility in LIBERTYVILLE, IL. They are currently seeking approval for the project.

OHIO:

Plastic film mfr. is planning to invest $106 million for a 157,000 sf expansion and equipment upgrades on their manufacturing facility in LEXINGTON, OH. The project includes equipment upgrades on their manufacturing facility at 2355 W 4th Street in ONTARIO, OH. They are currently seeking approval for the project.

KENTUCKY:

Automotive mfr. is planning for the renovation and equipment upgrades on their manufacturing facility in LOUISVILLE, KY. They are currently seeking approval for the project.

WEST VIRGINIA:

Automotive mfr. is planning to invest $88 million for the renovation and equipment upgrades on their manufacturing facility in BUFFALO, WV. They have recently received approval for the project. Completion is slated for 2026.

UTAH:

Railroad equipment mfr. is planning to invest $70 million for the expansion of their manufacturing facility in SALT LAKE CITY, UT by 245,000 sf. They are currently seeking approval for the project.

KENTUCKY:

Packaging company is planning to invest $61 million for the construction of a 100,000 sf manufacturing facility in LEBANON, KY. Completion is slated for Fall 2025.

MINNESOTA:

Biomedical testing equipment mfr. is planning to invest $50 million for the expansion of their manufacturing facility in CHASKA, MN by 148,000 sf. They are currently seeking approval for the project.

About Industrial SalesLeads, Inc.

Since 1959, Industrial SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team. Visit us at salesleadsinc.com.

Each month, our team provides hundreds of industrial reports within a variety of industries, including:

Learn more: https://www.salesleadsinc.com/solutions/industrial-project-reports/

NEWS SOURCE: Industrial SalesLeads Inc


This press release was issued on behalf of the news source (Industrial SalesLeads Inc), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

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LenderLogix Q1 2025 Homebuyer Intelligence Report Shows Early 2025 Mortgage Market Momentum, Stronger Loan Engagement

BUFFALO, N.Y., May 6, 2025 (SEND2PRESS NEWSWIRE) — LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced the release of the Homebuyer Intelligence Report, a quarterly summary of insights into borrower behavior during the home-buying process based on data collected by the LenderLogix suite of tools. The latest report covers data collected during the pre-approval and borrower application process in the first quarter (Q1) of 2025.

Q1 2025 Homebuyer Intelligence Report Infographic
Image caption: Q1 2025 Homebuyer Intelligence Report Infographic.

Pre-Approvals

In Q1 2025, borrowers generated 37.8% more pre-approval letters through LenderLogix’s QuickQual pre-approval platform over Q4 2024. The average number of pre-approved borrowers per loan officer increased from 23 in Q4 2024 to 26.5 in Q1 2025.

The average pre-approval letter loan amount slightly increased from $322,532 in Q4 to $326,714 in Q1. The average sales price also increased from $376,436 to $381,820. The average down payment size shows a marginal increase from 14.3% in Q4 to 14.4%.

Conventional loans remained the most popular loan type for pre-approved borrowers in Q1, though decreased marginally from 74.3% to 74.2% below the prior quarter. FHA pre-approvals decreased marginally from 19.1% to 19%. VA (4.5%) and USDA (1%) maintained their share from Q4 to Q1 2025.

“We’re seeing strong early-season activity from homebuyers, which suggests renewed optimism despite ongoing affordability concerns,” said LenderLogix Co-Founder and CEO Patrick O’Brien. “Borrowers are entering the market with intent, and their use of digital pre-approval tools reflects a growing emphasis on speed and preparation in today’s competitive environment.”

Borrower Conversion

Of the borrowers using QuickQual in Q4 2024, the average number of days between pre-approval and loan submission decreased from 91 to 79.6 days in Q1. The most prolonged duration between pre-approval and application increased by fifty-nine days from 650 in Q4 to 709 in Q1. The conversion rate among borrowers from pre-approval to loan application increased slightly from 54% to 55% in Q1. Borrowers maintained an average of eight pre-approval letters before converting. In total, new applications through the LiteSpeed point-of-sale (POS) platform increased 54% from Q4 2024 to Q1 2025.

“Borrowers are clearly staying engaged throughout the early stages of the homebuying journey,” said O’Brien. “We’re seeing signs of increased urgency and lender responsiveness, both of which point to a more active purchase market and continued adaptation to borrower expectations.”

Post-Application Engagement

In Q1 2025, the number of documents uploaded through LiteSpeed grew 48% quarter-over-quarter. The number of newly created needs lists, including both online applications and those entered by loan officers, rose 37% in Q1.

Successful verification of income and employment (VOIE) through POS improved significantly, increasing from 6.5% in Q4 to 15.5% in Q1. Verification of assets (VOA) also rose, climbing from 33.1% to 36.7% over the same period.

“This quarter’s data points to meaningful improvements in post-application engagement,” O’Brien added. “Increases in document uploads, Needs List creation, and verification success rates all contribute to stronger loan files, faster underwriting decisions, and deeper borrower engagement. These trends reflect how the right tools can streamline workflows while also improving loan quality and borrower experience.”

Data from LenderLogix Homebuyer Intelligence Report is available to the industry free of charge. To learn more about LenderLogix, visit www.lenderlogix.com.

About LenderLogix

LenderLogix leverages the four decades of firsthand mortgage origination and real estate experience of its executive team to design customized software to meet the needs of today’s mortgage lenders. The company’s suite of products addresses the speed at which today’s real estate market moves by delivering technology solutions that create agile and informed borrowers, build strong referral partners and ultimately save lenders time and money. For more information, visit

NEWS SOURCE: LenderLogix


This press release was issued on behalf of the news source (LenderLogix), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/lenderlogix-q1-2025-homebuyer-intelligence-report-shows-early-2025-mortgage-market-momentum-stronger-loan-engagement/

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iEmergent releases 2024 HMDA insights: IMBs dominate, refinances rise, equity gaps persist

Data insights now available in Mortgage MarketSmart highlight rising refi activity, IMB dominance and persistent equity gaps

DES MOINES, Iowa, April 29, 2025 (SEND2PRESS NEWSWIRE) — iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, has released its analysis of 2024 Home Mortgage Disclosure Act (HMDA) data in Mortgage MarketSmart. The insights, shared by iEmergent CEO Laird Nossuli, highlight a modest market recovery from 2023 alongside deepening disparities in borrower outcomes and a reshuffling of lender dynamics.

iEMERGENT
Image caption: iEmergent.

TOP TAKEAWAYS FROM 2024 HMDA DATA:

  1. Mortgage lending volume rebounded slightly, driven by a resurgence in refinancing.
    In 2024, U.S. lenders originated a combined 4.9 million loans totaling $1.67 trillion in dollar volume across purchase and refi, up from $1.45 trillion in 2023. Refinances surged 63% by dollar volume to $393.7 billion and accounted for nearly a quarter (23.5%) of purchase and refi dollars, up from 16.7% in 2023.
  2. Independent mortgage banks (IMBs) extended their lead.
    IMBs originated 65.4% of all purchase and refinance loans in 2024, up from 61.3% in 2023. They also claimed 16 of the top 25 spots by dollar volume and 17 by loan count, underscoring their continued role as the primary engine of mortgage lending despite representing just 18% of reporting institutions.
  3. Borrowers are taking out bigger loans, amplifying affordability concerns.
    The average size of purchase and refinance loans grew in 2024, reaching $339,903 (up from $323,282 in 2023). Rising home prices and interest rates continue to widen the gap between what buyers can afford and what they must borrow.
  4. Denial rates ticked up, with notable differences by lender type.
    People of color households made up a growing share of applicants in 2024, but approval rates remained unequal. Black borrowers, for instance, faced an 18% denial rate for purchase loans compared to 9% for non-Hispanic white applicants. While banks and credit unions lowered their denial rates year over year, IMBs saw a slight increase—contributing to uneven outcomes, since IMBs originated the majority of loans. Debt-to-income (DTI) ratios remained the most common denial reason across all racial and ethnic groups.​
  5. Dominance by leading lenders continues to intensify.
    The top five lenders accounted for nearly 20% of all loans and dollars originated in 2024, a notable uptick from 2023. This growing market concentration signals intensifying consolidation and competition among top-tier lenders.

“2024 brought modest recovery to the mortgage market, but also highlighted some of the structural inequities and concentration trends that shape lending outcomes today,” said Nossuli. “iEmergent’s Mortgage MarketSmart puts this data into context—geographically, demographically, and competitively—so lenders can find smarter ways to grow and serve their markets.”

LENDERS CAN NOW BENCHMARK PERFORMANCE AND PLAN FOR GROWTH

The integration of 2024 HMDA data into Mortgage MarketSmart allows lenders to benchmark their performance against peers across categories such as:

  • Purchase and refi loan volumes (units and dollars)
  • Borrower race and ethnicity
  • Loan type and size
  • Borrower income levels
  • Denial reasons by demographic group

With side-by-side comparisons of HMDA data, historical trends and forward-looking forecasts, Mortgage MarketSmart empowers lenders to identify gaps, meet Community Reinvestment Act (CRA) obligations and reach underserved markets.

To explore 2024 HMDA insights in Mortgage MarketSmart, request a demo at https://www.iemergent.com/.

About iEmergent

Founded in 2000, iEmergent provides mortgage lending forecasts and analytics to the lending, housing and real estate industries. The company offers an extensive variety of forecast and market intelligence products, including Mortgage MarketSmart, a visualization tool that helps lenders quantify how mortgage markets will change. For more information, visit https://www.iemergent.com/.

Tags: @iEmergent #HMDA #housing #mortgage #data

Media Kit (PDF):
https://www.iemergent.com/docs/default-source/default-document-library/presskit_digitallinked.pdf

NEWS SOURCE: iEmergent


This press release was issued on behalf of the news source (iEmergent), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/iemergent-releases-2024-hmda-insights-imbs-dominate-refinances-rise-equity-gaps-persist/

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43 new assistance programs were added during the first quarter of 2025, expanding support for more homebuyers

Down Payment Resource's Q1 2025 HPI Report finds 2,509 homebuyer assistance programs available nationwide with an average benefit of $18,000

ATLANTA, Ga., April 22, 2025 (SEND2PRESS NEWSWIRE) — Down Payment Resource (DPR), the housing industry authority on homebuyer assistance program data and solutions, today released its Q1 2025 Homeownership Program Index (HPI) report. The report saw the number of entities offering homebuyer assistance programs increase by 55 year-over-year (YoY). The number of programs increased by 43 during the first quarter, bringing the total number of available programs to 2,509.

Down Payment Resource’s Q1 2025 HPI Report
Image caption: Down Payment Resource’s Q1 2025 HPI Report.

Down payment assistance (DPA) can be used by lenders to lower a homebuyer’s loan-to-value (LTV) ratio by an average of 6%. The average benefit is $18,000.

“Rates are still high and prices keep climbing, but we’re seeing expanded program offerings, new providers and greater flexibility in how funds are used — not just for down payments but also to cover closing costs, lower the rate or meet other buyer needs,” said Rob Chrane, founder and CEO of DPR. “More programs now include manufactured and multi-family homes, opening new paths to affordability and steady income. For lenders, that means more ways to qualify buyers and close loans in a tough market.”

KEY Q1 2025 HPI REPORT FINDINGS

An examination of the existing 2,509 homebuyer assistance programs on April 4, 2025, resulted in the following key findings:

  • 43 homebuyer assistance programs were added in Q1 2025, a 2% increase from Q4 2024. 952 programs (38%) are available to repeat buyers. 240 programs (10%) do not have income restrictions, increasing the number of buyers who might qualify for assistance. 29 programs support first-generation homebuyers, an increase of 16% over the last quarter.
  • ”Other homebuyer assistance” programs increased 35% from the previous quarter, below-market-rate (BMR)/resale-restricted programs increased 18% and grant programs grew 7%. BMR/resale-restricted programs offer housing at prices lower than the open market, with restrictions on resale to ensure affordability for future buyers, typically low-to moderate-income households.
  • 80% of DPAs in Q1 were deferred payment programs, a 3% increase from the previous quarter. With a deferred payment loan, borrowers don’t make monthly payments, and the balance is typically due when they sell or refinance or the loan matures. Many of these loans are also forgivable. 53% of DPAs in Q1 offered partial or full forgiveness over time, as long as the homeowner meets certain requirements, such as maintaining primary residency.
  • 990 programs (39%) were offered through local housing finance agencies (HFAs), virtually unchanged from the previous quarter. Nonprofits accounted for 21%, a 2% increase over the previous quarter. State FHAs represented 18%, a slight drop from the previous quarter.
  • The number of programs supporting manufactured housing grew 6%, from 914 in Q4 2024 to 971 in Q1 2025. Manufactured homes are considered to be an affordable housing supply since they are significantly cheaper to purchase than site-built homes, with average costs per square foot around $87 versus $166 according to the Manufactured Housing Institute.
  • 833 programs supported the purchase of multi-family housing, a 3% increase from the previous quarter. Of these, a growing number of programs support purchasing three-unit homes (562) and four-unit homes (536). Investing in multifamily properties can generate cash flow and potentially offer tax advantages to buyers.
  • 20 programs offered special funding to surviving military spouses, an 18% increase from the previous quarter, while energy efficiency programs grew by 17%. Other incentive programs included 69 for educators, 56 for protectors (jobs focused on safeguarding people, property, or information), 50 to assist military veterans, and 50 for Native Americans.

A more detailed analysis of the Q1 2025 HPI findings, including infographics and examples of the programs described in this release, can be found on DPR’s website at https://downpaymentresource.com/professional-resource/weve-added-43-programs-in-q1-2025-and-55-providers-since-q1-2024/.

For a complete list of homebuyer assistance programs by state, visit https://downpaymentresource.com/wp-content/uploads/2025/04/HPI-state-by-state-data.Q12025.pdf.

METHODOLOGY

Published quarterly, DPR’s HPI surveys the funding status, eligibility rules and benefits of U.S. homebuyer assistance programs administered by state and local housing finance agencies, municipalities, nonprofits and other housing organizations. DPR communicates with over 1,300 program providers throughout the year to track and update the country’s wide range of homeownership programs, including down payment and closing cost programs, Mortgage Credit Certificates (MCCs) and affordable first mortgages, in the DOWN PAYMENT RESOURCE® database.

About Down Payment Resource:

Down Payment Resource (DPR) is the housing industry authority on homebuyer assistance program data and solutions. With a database that tracks more than 2,500 programs and toolsets for mortgage lenders, multiple listing services (MLSs) and API users, DPR helps housing professionals connect homebuyers with the assistance they need. DPR frequently lends its expertise to nonprofits, housing finance agencies, policymakers, government-sponsored enterprises and trade organizations seeking to improve housing affordability. Its technology is used by seven of the top 25 mortgage lenders, the three largest real estate listing websites and 600,000 real estate agents. For more information, visit https://downpaymentresource.com/.

X: @DwnPmtResource #downpaymentassistance #affordabilitycrisis #housingaffordability #mortgage #housingequity #downpayment

NEWS SOURCE: Down Payment Resource


This press release was issued on behalf of the news source (Down Payment Resource), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

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Another Strong Showing to Round Out Q1 with 425 New Industrial Manufacturing Planned Projects

During the month of March, our research team identified 14 new Industrial Manufacturing facility construction projects with an estimated value of $100 million or more

JACKSONVILLE BEACH, Fla., April 15, 2025 (SEND2PRESS NEWSWIRE) — Industrial SalesLeads announced today the March 2025 results for the new planned capital project spending report for the Industrial Manufacturing industry. Research confirms 147 new projects in the Industrial Manufacturing sector. The company monitors planned industrial capital investments across North America, encompassing facility expansions, new factory builds, and major equipment upgrades.

425 New Industrial Manufacturing Planned Projects
Image caption: 425 New Industrial Manufacturing Planned Projects.

The following are selected highlights on new Industrial Manufacturing industry construction news.

INDUSTRIAL MANUFACTURING – BY PROJECT TYPE

  • Manufacturing/Production Facilities – 131 New Projects
  • Distribution and Industrial Warehouse – 80 New Projects

INDUSTRIAL MANUFACTURING – BY PROJECT SCOPE/ACTIVITY

  • New Construction – 47 New Projects
  • Expansion – 47 New Projects
  • Renovations/Equipment Upgrades – 63 New Projects
  • Plant Closings – 16 New Projects

Industrial Manufacturing – By Project Location (Top 10 States)

South Carolina – 11

Michigan – 10

Texas – 10

Ohio – 9

Pennsylvania – 9

Indiana – 8

California – 7

New York – 7

Wisconsin – 7

Illinois – 6

LARGEST PLANNED PROJECT

During the month of March, our research team identified 14 new Industrial Manufacturing facility construction projects with an estimated value of $100 million or more.

The largest project is owned by Apple Inc., who is planning to invest $10 billion for the construction of a 250,000 sf manufacturing facility in HOUSTON, TX. They are currently seeking approval for the project. Completion is slated for 2026.

TOP 10 TRACKED INDUSTRIAL MANUFACTURING PROJECTS

OHIO:

Aerospace company is planning to invest $900 million for the construction of a manufacturing complex and aircraft hangar at Rickenbacker International Airport in COLUMBUS, OH. Completion is slated for Summer 2026.

DELAWARE:

Pharmaceutical company is planning to invest $900 million for the construction of a processing facility in WILMINGTON, DE. They are currently seeking approval for the project. Completion is slated for 2030.

TEXAS:

Battery mfr. is planning to invest $850 million for the construction of a manufacturing facility in ROUND ROCK, TX. They are currently seeking approval for the project. Completion is slated for late 2026.

INDIANA:

Rocket motor and munitions mfr. is planning to invest $175 million for the construction of a manufacturing and office complex in BLOOMFIELD, IN. They are currently seeking approval for the project. Construction is expected to start in early Fall 2025, with completion slated for 2027.

SOUTH CAROLINA:

Electrical component mfr. is planning to invest $134 million for the renovation and equipment upgrades on a 300,000 sf manufacturing facility in HARDEEVILLE, SC. They are currently seeking approval for the project. Completion is slated for late 2025.

NEW YORK:

Semiconductor mfr. is planning to invest $120 million for the renovation and equipment upgrades on a recently acquired manufacturing facility in DEWITT, NY. They are currently seeking approval for the project.

OHIO:

Aerospace component mfr. is planning to invest $113 million for the renovation and equipment upgrades on their manufacturing facilities in EVENDALE, OH, WEST CHESTER, OH, and PEEBLES, OH. They are currently seeking approval for the project.

CALIFORNIA:

Data center equipment mfr. is planning for the construction of a 3 million sf manufacturing campus in SAN JOSE, CA. They are currently seeking approval for the project.

TENNESSEE:

Electrical equipment mfr. is planning to invest $80 million for the construction of a 320,000 sf manufacturing and warehouse facility in SELMER, TN. They are currently seeking approval for the project. Completion is slated for late 2026.

ALABAMA:

Aerospace component mfr. is planning to invest $73 million for equipment upgrades on their manufacturing facilities in AUBURN, AL and HUNTSVILLE, AL. They are currently seeking approval for the project.

About Industrial SalesLeads, Inc.

Since 1959, Industrial SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team. Visit us at https://salesleadsinc.com/.

Each month, our team provides hundreds of industrial reports within a variety of industries, including:

LEARN MORE:

https://www.salesleadsinc.com/industry/industrial-manufacturing/

https://www.salesleadsinc.com/solutions/industrial-project-reports/

NEWS SOURCE: Industrial SalesLeads Inc


This press release was issued on behalf of the news source (Industrial SalesLeads Inc), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/another-strong-showing-to-round-out-q1-with-425-new-industrial-manufacturing-planned-projects/

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March 2025 Produced 57 New Food and Beverage Industry Planned Projects with Activity in Ohio, Pennsylvania and South Dakota

JACKSONVILLE BEACH, Fla., April 8, 2025 (SEND2PRESS NEWSWIRE) — Industrial SalesLeads’ March 2025 report on new planned capital project spending in the North American Food and Beverage industry has been released today. The report, which covers facility expansions, new plant construction, and significant equipment modernization, indicates 57 new projects.

Industrial SalesLeads' March 2025 report on new planned capital project spending
Image caption: Industrial SalesLeads’ March 2025 report on new planned capital project spending.

The following are selected highlights on new Food and Beverage industry construction news.

Food and Beverage Project Type

Processing Facilities – 39 New Projects

Distribution and Industrial Warehouse – 20 New Projects

Food and Beverage Project Scope/Activity

New Construction – 20 New Projects

Expansion – 14 New Projects

Renovations/Equipment Upgrades – 21 New Projects

Plant Closing – 7 New Projects

Food and Beverage Project Location (Top 10 States)

California – 6

Michigan – 5

New York – 4

Illinois – 3

Missouri – 3

Ohio – 3

Pennsylvania – 3

South Dakota – 3

Florida – 2

Indiana – 2

Largest Planned Project

During the month of March, our research team identified 4 new Food and Beverage facility construction projects with an estimated value of $100 million or more.

The largest project is owned by Fufeng USA Incorporated, who is planning to invest $750 million for the construction of a processing facility at 625 E. U.S. Hwy. 36 in TUSCOLA, IL. They are currently seeking approval for the project. Construction is expected to start in late 2025, with completion slated for 2028.

Top 10 Tracked Food and Beverage Projects

VIRGINIA:

Chocolate mfr. is planning to invest $230 million for the construction of a processing facility in WINCHESTER, VA. They are currently seeking approval for the project.

NEW YORK:

Pet food mfr. is planning to invest $53 million for the expansion, renovation, and equipment upgrades on their processing facility in BUFFALO, NY. Construction is expected to start in Spring 2025, with completion slated for Spring 2027.

IOWA:

Specialty food ingredient mfr. is planning to invest $49 million for a 10,000 sf expansion and equipment upgrades on their processing facility in CEDAR RAPIDS, IA. They are currently seeking approval for the project. Completion is slated for late 2026.

NEW YORK:

Specialty food products mfr. is planning to invest $30 million for a 137,000 sf expansion and equipment upgrades on their processing facility at 3100 Clinton St. in WEST SENECA, NY. They are currently seeking approval for the project.

IOWA:

Food products mfr. is planning to invest $25 million for a 90,000 sf expansion of their processing and warehouse facility in ANKENY, IA. They are currently seeking approval for the project. Completion is slated for late 2026.

GEORGIA:

Specialty food product mfr. is planning for the renovation and equipment upgrades on a recently acquired 300,000 sf processing facility at 1000 Naturally Fresh Blvd. in COLLEGE PARK, GA. They are currently seeking approval for the project.

SOUTH CAROLINA:

Food processing and packaging company is planning to invest $23 million for the expansion, renovation and equipment upgrades on their processing and warehouse facility at 320 S. Broad St. in BENNETTSVILLE, SC. Completion is slated for Fall 2025.

MINNESOTA:

Ice cream mfr. is planning for the renovation of a recently acquired 160,000 sf office, research, and laboratory facility at 9800 59th Ave. in PLYMOUTH, MN. They are currently seeking approval for the project. They will relocate their operations upon completion.

PENNSYLVANIA:

Poultry processing company is planning for the construction of a 120,000 sf processing facility in BETHEL TOWNSHIP, PA. They are currently seeking approval for the project.

CALIFORNIA:

Foodservice distributor is planning for the renovation and equipment upgrades on a 100,000 sf distribution center in LOS ANGELES, CA. They are currently seeking approval for the project.

About Industrial SalesLeads, Inc.

Since 1959, Industrial SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team. Visit us at https://salesleadsinc.com/.

Each month, our team provides hundreds of industrial reports within a variety of industries, including:

Learn more at:

https://www.salesleadsinc.com/industry/food-and-beverage/

https://www.salesleadsinc.com/solutions/industrial-project-reports/

NEWS SOURCE: Industrial SalesLeads Inc


This press release was issued on behalf of the news source (Industrial SalesLeads Inc), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/march-2025-produced-57-new-food-and-beverage-industry-planned-projects-with-activity-in-ohio-pennsylvania-and-south-dakota/

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Cooler Interest Rates Heat Up Refinances and Spark Early Signs of Purchase Demand

Optimal Blue's March 2025 Market Advantage report shows an increase in non-conforming share as buyers seek greater flexibility and higher loan limits

PLANO, Texas, April 8, 2025 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its March 2025 Market Advantage mortgage data report, showing a 24% surge in rate lock volume as early spring buyers returned to the market and homeowners jumped at the chance to refinance into lower rates. While still down 2% on a year-over-year (YoY) basis, purchase volumes were up 21% month-over-month (MoM). Rate-and-term and cash-out refinances jumped 52% and 20% MoM, respectively, together representing 25% of all lock activity.

Optimal Blue's March 2025 Market Advantage mortgage data report.
Image caption: Optimal Blue’s March 2025 Market.

“March brought a notable shift in borrower behavior,” said Brennan O’Connell, director of data solutions at Optimal Blue. “Refinances made up a quarter of all lock activity for the first time in six months, and we saw a clear rise in non-conforming loan share as buyers looked for more flexible options and higher loan amounts. These are key indicators that consumers are actively adapting to the current rate environment.”

Key findings from the Market Advantage report, derived from direct-source mortgage lock data, include:

  • Refinances take share from purchase loans: Strong growth in refi activity during March pushed the share of refinances up to 25%, the highest level seen since September 2024. The pull-through rate for refinances was 63.3%.
  • Purchase volume up MoM, but down YoY: Despite positive MoM momentum, purchase activity was down 2% YoY. Isolating loan counts instead of dollar volume – effectively controlling for home price appreciation – reveals an even steeper 6% decline in purchase activity. The pull-through rate for purchase loans was 82.9%.
  • Non-conforming share rises: Conforming loan production continued to hover near historic lows, while non-Agency loan share hit its highest level since April of 2022. Non-conforming loans, which include jumbo and non-QM loans, accounted for 16.8% of total rate lock volume. Conforming loan share fell to 51% and FHA share dropped to 19.6%, while VA volume inched upward, reaching nearly 12% share.
  • Adjustable-rate mortgages gain steam: ARMs accounted for just below 9% of total rate lock volume in March, a result tied to growing demand for non-conforming loan options. Optimal Blue will continue to monitor this data point as buyers search for greater affordability.
  • Rates stay relatively flat: After a strong rally the last week of February, the OBMMI 30-year conforming fixed rate – the benchmark for the CME Group’s Mortgage Rate futures – finished the month flat at 6.6%. FHA rates fell 8 basis points (bps) to 6.27%, while VA and jumbo rates rose a modest 3 and 4 bps to 6.13% and 6.73%, respectively.
  • Refi credit quality ticks higher: March saw a 3-point increase in average credit scores for both cash-out and rate-and-term refinances, rising to 735 and 699, respectively, as higher-credit homeowners acted quickly on refinance opportunities.
  • DTI trends downward: The average debt-to-income (DTI) ratio across all loans dropped from February’s 37.3% to 36.7% in March, reflecting income growth outpacing the rise in household debt [*note 1]. This fall in DTI represents a healthier balance between monthly income and debt than tracked in previous months.
  • Loan sizes grow alongside home prices: The average home purchase price rose from February’s $480.2K to $486.9K in March, driving a MoM increase in average loan amount from $380.5K to $391.7K.

The full Market Advantage report, which provides more detailed findings and additional insights into U.S. mortgage market trends, can be viewed at (PDF): https://www2.optimalblue.com/wp-content/uploads/2025/04/OB_MarketAdvantage_MortgageDataReport_Mar2025.pdf

This month’s Market Advantage podcast features Optimal Blue Head of Corporate Strategy Mike Vough, offering additional market insights. Watch or listen to the episode: https://market-advantage.captivate.fm/episode/episode-7/.

About the Market Advantage Report

Optimal Blue issues the Market Advantage mortgage data report each month to provide early insight into U.S. mortgage trends. Leveraging lender rate lock data from the Optimal Blue PPE – the mortgage industry’s most widely used product, pricing, and eligibility engine – the Market Advantage provides a view of early-stage origination activity. Unlike self-reported survey data, mortgage lock data is direct-source data that accurately reflects the in-process loans in lenders’ pipelines.

Nothing herein shall be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.

About Optimal Blue

Optimal Blue effectively bridges the primary and secondary mortgage markets to deliver the industry’s only end-to-end capital markets platform. The company helps lenders of all sizes and scopes maximize profitability and operate efficiently so they can help American borrowers achieve the dream of homeownership. Through innovative technology, a network of interconnectivity, rich data insights, and expertise gathered over more than 20 years, Optimal Blue is an experienced partner that, in any market environment, allows lenders to optimize their advantage from pricing accuracy to margin protection, and every step in between. To learn more, visit OptimalBlue.com.

NOTE/CITATION:

[1] https://libertystreeteconomics.newyorkfed.org/2024/11/income-growth-outpaces-household-borrowing/

NEWS SOURCE: Optimal Blue


This press release was issued on behalf of the news source (Optimal Blue), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/cooler-interest-rates-heat-up-refinances-and-spark-early-signs-of-purchase-demand/

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Pain Neuromodulation Market to Reach $6.5 Billion by 2030

The market includes spinal cord stimulation (SCS) systems as well as peripheral nerve stimulation (PNS) systems

SAN FRANCISCO, Calif., March 31, 2025 (SEND2PRESS NEWSWIRE) — Neurotech Reports, the publisher of the newsletter Neurotech Business Report, announced the availability of a new market research report that forecasts the growth of the worldwide market for implanted pain neuromodulation systems. According to the newly published report, “The Market for Implanted Pain Neuromodulation Systems: 2025-2030,” the worldwide market will be $3.37 billion in 2025, growing to $6.49 billion by 2030, which represents a 12% compound annual growth rate. The market includes spinal cord stimulation (SCS) systems as well as peripheral nerve stimulation (PNS) systems. Neurotech Reports estimates that the PNS market will grow at a 29% CAGR between 2025 and 2030.

Neurotech Reports recently released its latest forecast on the growth of the market for implanted pain neuromodulation systems
Image caption: Neurotech Reports recently released its latest forecast on the growth of the market for implanted pain neuromodulation systems, which include spinal cord stimulation (SCS) and peripheral nerve stimulation (PNS) systems.

Major players in the SCS market include Medtronic, Abbott, Boston Scientific, and Nevro, which was recently acquired by medtech manufacturer Globus Medical. The report includes Neurotech Reports editors’ analysis of the impact of this transaction on the competitive landscape of the SCS market. Newer players in the SCS market include Saluda Medical, which pioneered the concept of closed-loop SCS, and European firm Biotronik.

Leading competitors in the PNS space include Curonix, which markets an injectable pain stimulator, SPR, which markets a percutaneous system, Nalu Medical, Bioventus, and Mainstay Medical, which markets a restorative neuromodulation system for treatment of back pain of mechanical origin. Several startup and emerging firms are poised to enter the space in coming years.

The Market for Implanted Pain Neuromodulation Systems: 2025-2030 was authored by the editors of Neurotech Reports, including James Cavuoto, Jeremy Koff, Victor Pikov, and others. Now in its 25th year of publishing, Neurotech Reports is the longest-serving publishing and market-intelligence firm serving the neuromodulation market.

The report includes up-to-date information obtained at the 2025 meeting of the North American Neuromodulation Society, the 2025 JP Morgan Healthcare Conference, and other recent events. Data for the report was obtained from dozens of confidential interviews with key executives in the industry as well as numerous implanters of neuromodulation devices.

“There are a number of market research reports that claim to offer insight on the neuromodulation industry. But neuromodulation industry professionals should ask if they’ve ever seen the authors of those reports at key conferences such as NANS, INS, LSI. Neurotech Reports editors have been covering these events for 25 years and know the key players inside and out,” said James Cavuoto, editor and publisher of Neurotech Reports. “This report draws on our 25 years of reporting on the neuromodulation industry.”

Learn more: https://www.neurotechreports.com/pages/mnmsumm.html

MULTIMEDIA:

Image link for media: https://www.Send2Press.com/300dpi/25-0331-s2p-nrpainmod-300dpi.jpg

Image caption: Neurotech Reports recently released its latest forecast on the growth of the market for implanted pain neuromodulation systems, which include spinal cord stimulation (SCS) and peripheral nerve stimulation (PNS) systems.

NEWS SOURCE: Neurotech Reports


This press release was issued on behalf of the news source (Neurotech Reports), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/pain-neuromodulation-market-to-reach-6-5-billion-by-2030/

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VALUECOM Releases New Study on the Rise of ‘Buy Now, Pay Later’ (BNPL) and Its Impact on Consumer Spending

NEW YORK, N.Y., March 11, 2025 (SEND2PRESS NEWSWIRE) — VALUECOM has released a comprehensive study on the growing adoption of Buy Now, Pay Later (BNPL) services, a payment method that has reshaped consumer spending habits and merchant strategies worldwide. As BNPL continues to gain traction, it is becoming a preferred financial tool for shoppers looking for flexible and interest-free installment payment options.

Valuecom
Image caption: VALUECOM.

BNPL: A TRANSFORMATIVE FORCE IN RETAIL PAYMENTS

In recent years, BNPL services have surged in popularity, particularly among younger consumers, including Millennials and Generation Z. These services allow shoppers to split payments into multiple installments without incurring traditional credit card interest rates, making large purchases more accessible and improving overall financial flexibility.

The study highlights that merchants across various sectors—including electronics, fashion, home furnishings, and travel—are increasingly integrating BNPL into their checkout processes. By doing so, they are enhancing customer satisfaction and increasing their conversion rates. Leading BNPL providers such as Klarna (Sweden), Afterpay (Australia), and Affirm (United States) are at the forefront of this movement, offering innovative solutions that cater to evolving consumer preferences.

KEY DRIVERS BEHIND BNPL’S GROWTH

VALUECOM’s research identifies several factors contributing to the rapid expansion of BNPL services:

  • Changing Consumer Preferences – Younger generations prioritize flexible payment options that allow them to manage finances without traditional credit card debt.
  • Affordability of High-Value Purchases – BNPL enables consumers to purchase expensive items—such as electronics, luxury fashion, and travel—through structured, interest-free installments.
  • Streamlined Approval Process – Compared to traditional credit cards, BNPL services require minimal credit checks, providing greater accessibility.
  • Increased Consumer Confidence – Transparent repayment terms allow consumers to budget more effectively, reducing financial stress.

THE FUTURE OF BNPL

As BNPL adoption continues to rise, regulatory scrutiny and responsible lending practices will play a crucial role in ensuring the model remains sustainable. Merchants are expected to deepen their partnerships with BNPL providers to offer more personalized payment solutions, further enhancing the shopping experience.

VALUECOM’s latest research provides in-depth insights into the role of BNPL in modern retail and its potential trajectory in the global payment ecosystem. For more information, visit https://www.valuecom.com/.

NEWS SOURCE: VALUECOM


This press release was issued on behalf of the news source (VALUECOM), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/valuecom-releases-new-study-on-the-rise-of-buy-now-pay-later-bnpl-and-its-impact-on-consumer-spending/

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A 15% Increase in New Industrial Manufacturing Planned Projects Reported for February 2025

JACKSONVILLE BEACH, Fla., March 11, 2025 (SEND2PRESS NEWSWIRE) — Industrial SalesLeads released its February 2025 report on planned capital project spending within the Industrial Manufacturing sector. The company monitors industrial capital project activity across North America, including new plant construction, facility expansions, and major equipment upgrades. The latest research identifies 149 new projects, with renovation initiatives taking the lead in the industry.

Industrial SalesLeads released its February 2025 report on planned capital project spending
Image caption: Industrial SalesLeads released its February 2025 report on planned capital project spending.

The following are selected highlights on new Industrial Manufacturing industry construction news.

INDUSTRIAL MANUFACTURING – BY PROJECT TYPE

Manufacturing/Production Facilities – 139 New Projects

Distribution and Industrial Warehouse – 109 New Projects

INDUSTRIAL MANUFACTURING – BY PROJECT SCOPE/ACTIVITY

New Construction – 41 New Projects

Expansion – 40 New Projects

Renovations/Equipment Upgrades – 65 New Projects

Plant Closings – 14 New Projects

INDUSTRIAL MANUFACTURING – BY PROJECT LOCATION (TOP 10 STATES)

North Carolina – 14

Illinois – 11

Michigan – 9

Ohio – 9

California – 8

Indiana – 8

New York – 8

Connecticut – 7

South Carolina – 7

Pennsylvania – 6

LARGEST PLANNED PROJECT

During the month of February, our research team identified 15 new Industrial Manufacturing facility construction projects with an estimated value of $100 million or more.

The largest project is owned by Linamar Corporation, who is planning to invest $1 billion for the expansion of their manufacturing facilities in GUELPH, ON, STAFFORD, ON, WELLAND, ON and WINDSOR, ON. They are currently seeking approval for the project.

TOP 10 TRACKED INDUSTRIAL MANUFACTURING PROJECTS

OHIO:

Sanitary paper product mfr. is planning to invest $984 million for the construction of a 1.6 million sf manufacturing facility in DEFIANCE, OH. They are currently seeking approval for the project.

TEXAS:

Building materials mfr. is planning to invest $715 million for the renovation and equipment upgrades on a manufacturing facility at 1750 Inland Road in ORANGE, TX. They are currently seeking approval for the project. Construction is expected to start in Fall 2025, with completion slated for early 2028.

ONTARIO:

Pharmaceutical company is planning to invest $570 million for the expansion of their processing facility in MISSISSAUGA, ON. They are currently seeking approval for the project and will relocate their corporate HQ upon completion.

SOUTH CAROLINA:

Electrical transformer mfr. is planning to invest $340 million for the renovation and equipment upgrades on a recently acquired 861,000 sf manufacturing and warehouse facility at 6802 Furman L Fendley Hwy. in JONESVILLE, SC. They are currently seeking approval for the project. Completion is slated for 2027

TEXAS:

Steel fabricator is planning to invest $255 million for the expansion of their manufacturing facility in EL PASO, TX. They are currently seeking approval for the project. Completion is slated for 2027.

NORTH CAROLINA:

Specialty wire product mfr. is planning to invest $194 million for the construction of a manufacturing facility in CHATHAM COUNTY, NC. They are currently seeking approval for the project.

SOUTH CAROLINA:

Paper mfr. is planning to invest $145 million for the renovation and equipment upgrades on their manufacturing facilities in EASTOVER, SC and SUMTER, SC. They are currently seeking approval for the project. Completion is slated for late 2026.

MISSISSIPPI:

Lumber company is planning to invest $123 million for the expansion and equipment upgrades on their manufacturing facility in ACKERMAN, MS. The project includes the construction of storage facilities at the site. They are currently seeking approval for the project.

NORTH CAROLINA:

Electrical transformer mfr. is planning to invest $103 million for the construction of two manufacturing facilities totaling 300,000 sf on Carolina Dr. in RAEFORD, NC. They are currently seeking approval for the project.

NEW YORK:

Aerospace equipment mfr. is planning to invest $65 million for a 150,000 sf expansion and equipment upgrades on their manufacturing, laboratory, and office facility in ENDICOTT, NY. They are currently seeking approval for the project. Completion is slated for 2027.

About Industrial SalesLeads, Inc.

Since 1959, Industrial SalesLeads, based in Jacksonville, FL continues to be a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team. Visit us at https://salesleadsinc.com/.

Each month, our team provides hundreds of industrial reports within a variety of industries, including:

LEARN MORE:

https://www.salesleadsinc.com/industry/industrial-manufacturing/

https://www.salesleadsinc.com/solutions/industrial-project-reports/

NEWS SOURCE: Industrial SalesLeads Inc


This press release was issued on behalf of the news source (Industrial SalesLeads Inc), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/a-15-increase-in-new-industrial-manufacturing-planned-projects-reported-for-february-2025/

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MCT Reports 28% Increase in Mortgage Lock Volume Heading into Spring Season

SAN DIEGO, Calif., March 11, 2025 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced a 27.91% increase in mortgage lock volume compared to the previous month. Industry professionals and stakeholders are encouraged to download the full report for a detailed analysis.

MCT Reports 28% Increase in Mortgage Lock Volume Heading into Spring Season
Image caption: MCT Reports 28% Increase in Mortgage Lock Volume Heading into Spring Season.

The increase in volume follows the typical seasonal pattern, rebounding from the December and January winter lull. As the housing market transitions into the Spring homebuying season, this positive movement suggests improving market activity. However, recent trends indicate that total volume may rise further in March and April before tapering off as early-season buyers finalize their purchases, leading to decreased demand in the deeper summer months.

External economic factors also remain a key area of focus. The potential impact of tariffs and possible retaliatory trade measures could introduce volatility into the broader economy, which may, in turn, affect mortgage rates. Market participants are watching these developments closely as they navigate lending and investment decisions.

Andrew Rhodes, Senior Director and Head of Trading at MCT, shared his perspective on the current financial landscape: “The expectation is that the Federal Reserve will likely hold the line on rates in March and May, with markets anticipating a likely rate cut in June. Economic performance given impending tariffs, Nonfarm Payroll, and the Consumer Price Index (CPI) will continue to be the biggest factors influencing rate decisions as we move into the summer months.”

As mortgage lenders and capital markets participants prepare for evolving conditions, MCT remains committed to delivering expert guidance and data-driven insights. For a more in-depth look at market dynamics, industry professionals can access the full report on MCT’s website.

Press release: https://mct-trading.com/press-release/mct-reports-28-increase-in-mortgage-lock-volume-heading-into-spring-season/

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT’s stewardship. MCT’s technology and know-how continue to revolutionize how mortgage assets are priced, locked, hedged, traded, and valued – offering clients the tools to perform under any market condition.

For more information, visit https://mct-trading.com/contact or call (619) 543-5111.

IMAGE link for media: https://mct-trading.com/wp-content/uploads/2025/03/mct-lock-volume-indices-46.png

MEDIA CONTACT:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

NEWS SOURCE: Mortgage Capital Trading Inc.


This press release was issued on behalf of the news source (Mortgage Capital Trading Inc.), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/mct-reports-28-increase-in-mortgage-lock-volume-heading-into-spring-season/

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40% Jump in Rate-and-Term Refis Drives Overall Lock Growth as Purchase Activity Stalls

Optimal Blue's February 2025 Market Advantage report indicates stabilizing conforming loan share amid refinance growth and sluggish purchase activity

PLANO, Texas, March 11, 2025 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its February 2025 Market Advantage mortgage data report, showing a 7% month-over-month increase in mortgage lock volume driven primarily by a surge in refinance activity. Rate-and-term refinances saw the biggest jump, rising nearly 40% as homeowners seized the opportunity to lower their monthly payments. Cash-out refinances also edged higher, while purchase lock activity remained subdued for the second consecutive month.

Optimal Blue’s February 2025 Market Advantage mortgage data report.
Image caption: Optimal Blue’s February 2025 Market Advantage mortgage data report.

“Interest rate improvement, while marginal, is attracting refinance activity as homeowners who bought at higher rates work the numbers and find they can reduce their monthly payments or tap into home equity,” said Brennan O’Connell, director of data solutions at Optimal Blue. “The upcoming homebuying season will reveal whether purchase demand is poised for a rebound or if elevated rates will continue to keep buyers on the sidelines.”

Key findings from the Market Advantage report, derived from direct-source mortgage lock data, include:

  • Refi activity drives higher lock volume: Slightly lower interest rates encouraged a surge of refinance activity that pushed lock volume up 7% month-over-month (MoM). Most of the lift came from rate-and-term refinances, which rose nearly 40% in the improving rate environment; cash-out volume climbed a more modest 4%.
  • Purchase locks continue to drag: Purchase activity remained low for the second straight month, with volume down 5% on a year-over-year (YoY) basis. Purchase lock counts – which control for home price appreciation – were down 9% from the same time in 2024.
  • Conforming loan share stabilizes: Conforming loan volume edged higher for a second month, reaching 52% of total volume after hitting a multi-year low in December. FHA share remained just above 20%. VA share grew slightly to sit at around 11.5%. Non-conforming loan volume – which includes jumbo and non-QM loans – was mostly flat at 15.5%.
  • Spread stays above long-term average: The mortgage rate spread to the 10-year Treasury hovered just above 230 basis points, a roughly 30 bps improvement from the same time last year but still roughly 30 to 40 bps above the long-term average.
  • Refi credit quality ticks higher: The average credit score for cash-out and rate-and-term refinances rose by 2 and 4 points, respectively, to 695 and 732. Meanwhile, the average purchase credit score was flat at 737.
  • Home prices, loan amounts edge higher: The average home purchase price rose from $476.2K in January to $480.2K in February, driving a MoM increase in average loan amount from $376.4K to $380.5K.

The full Market Advantage report, which provides more detailed findings and additional insights into U.S. mortgage market trends, can be viewed at (PDF): https://www2.optimalblue.com/wp-content/uploads/2025/03/OB_MarketAdvantage_MortgageDataReport_Feb2025.pdf

This month’s Market Advantage podcast features a guest interview with CoreLogic Chief Economist Selma Hepp. Access the podcast: https://market-advantage.captivate.fm/listen.

About the Market Advantage Report

Optimal Blue issues the Market Advantage mortgage data report each month to provide early insight into U.S. mortgage trends. Leveraging lender rate lock data from the Optimal Blue PPE – the mortgage industry’s most widely used product, pricing, and eligibility engine – the Market Advantage provides a view of early-stage origination activity. Unlike self-reported survey data, mortgage lock data is direct-source data that accurately reflects the in-process loans in lenders’ pipelines.

Nothing herein shall be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.

About Optimal Blue

Optimal Blue effectively bridges the primary and secondary mortgage markets to deliver the industry’s only end-to-end capital markets platform. The company helps lenders of all sizes and scopes maximize profitability and operate efficiently so they can help American borrowers achieve the dream of homeownership. Through innovative technology, a network of interconnectivity, rich data insights, and expertise gathered over more than 20 years, Optimal Blue is an experienced partner that, in any market environment, allows lenders to optimize their advantage from pricing accuracy to margin protection, and every step in between. To learn more, visit https://OptimalBlue.com/.

NEWS SOURCE: Optimal Blue


This press release was issued on behalf of the news source (Optimal Blue), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/40-jump-in-rate-and-term-refis-drives-overall-lock-growth-as-purchase-activity-stalls/

Copr. © 2025 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P124645 NOREL-3B

 

48 New Food & Beverage Capital Projects in February 2025, Including 33 Processing Facilities and 24 Distribution Centers

JACKSONVILLE BEACH, Fla., March 4, 2025 (SEND2PRESS NEWSWIRE) — Industrial SalesLeads has published the February 2025 report on planned capital project spending in the Food and Beverage industry. Research identified a total of 48 new industrial projects within the sector. The Firm monitors planned industrial capital project activity across North America, including new plant construction, facility expansions, and major equipment modernization initiatives.

Industrial SalesLeads has published the February 2025 report on planned capital project spending in the Food and Beverage industry
Image caption: Industrial SalesLeads has published the February 2025 report on planned capital project spending in the Food and Beverage industry.

The following are selected highlights on new Food and Beverage industry construction news.

Food and Beverage Project Type

Processing Facilities – 33 New Projects

Distribution and Industrial Warehouse – 24 New Projects

Food and Beverage Project Scope/Activity

New Construction – 15 New Projects

Expansion – 11 New Projects

Renovations/Equipment Upgrades – 18 New Projects

Plant Closing – 7 New Projects

Food and Beverage Project Location (Top 10 States)

Texas – 6

California – 5

New York – 3

North Carolina – 3

Alabama – 2

Illinois – 2

Indiana – 2

Michigan – 2

Minnesota – 2

Missouri – 2

Largest Planned Project

During the month of February, our research team identified 4 new Food and Beverage facility construction projects with an estimated value of $100 million or more.

The largest project is owned by Summit Next Gen, who is planning to invest $1.6 billion for the construction of a processing facility in HOUSTON, TX. They are currently seeking approval for the project.

Top 10 Tracked Food and Beverage Projects

TEXAS:

Bakery company is planning to invest $160 million for the construction of a 267,000 sf processing facility in BURLESON, TX. They have recently received approval for the project.

NEW YORK:

Dairy products mfr. is planning to invest $110 million for a 100,000 sf expansion and equipment upgrades on their processing and warehouse facility in CORTLANDVILLE, NY. They are currently seeking approval for the project. Construction is expected to start in Spring 2025, with completion slated for Spring 2026.

INDIANA:

Specialty food ingredient mfr. is planning to invest $100 million for equipment upgrades on their processing and warehouse facility in INDIANAPOLIS, IN. They are currently seeking approval for the project. Completion is slated for early Fall 2026.

PENNSYLVANIA:

Beverage company is planning to invest $100 million for the construction of a 240,000 sf distribution and office facility in HARRISBURG, PA. They are currently seeking approval for the project. Construction is expected to start in Summer 2025, with completion slated for late 2026.

TENNESSEE:

Candy mfr. is planning to invest $98 million for the expansion of their processing and warehouse facility at 235 Industrial Rd. N. in COVINGTON, TN. They have recently received approval for the project.

COLORADO:

Meat processing company is planning to invest $50 million for the expansion of their processing and distribution facility in GREELEY, CO. They are currently seeking approval for the project.

MICHIGAN:

Fruit processing company is planning to invest $32 million for the expansion and equipment upgrades on their processing facility in SHELBY, MI. They are currently seeking approval for the project.

MINNESOTA:

Frozen food mfr. is planning for the construction of a 282,000 sf processing and office facility at 3535 Blue Cross Rd. in EAGAN, MN. They are currently seeking approval for the project. They will relocate their operations upon completion in 2027.

NORTH CAROLINA:

Beverage company is planning for the renovation and equipment upgrades on a recently acquired 282,000 sf warehouse facility at 4135 Chesapeake Dr. in CHARLOTTE, NC.

UTAH:

Restaurant chain is planning for the construction of a 116,000 sf distribution center in SALT LAKE CITY, UT. They are currently seeking approval for the project.

About Industrial SalesLeads, Inc.

Since 1959, Industrial SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team. Visit us at https://salesleadsinc.com/.

Each month, our team provides hundreds of industrial reports within a variety of industries, including:

More information: https://www.salesleadsinc.com/industry/food-and-beverage/

https://www.salesleadsinc.com/solutions/industrial-project-reports/

NEWS SOURCE: Industrial SalesLeads Inc


This press release was issued on behalf of the news source (Industrial SalesLeads Inc), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/48-new-food-beverage-capital-projects-in-february-2025-including-33-processing-facilities-and-24-distribution-centers/

Copr. © 2025 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P124431 NOREL-3B

 

2024-2025 Mortgage Industry Insights Released by The Mortgage Collaborative

Annual Mortgage Lender Survey Highlights Key Challenges & Priorities for 2025

SAN DIEGO, Calif., Feb. 24, 2025 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), a leading network of mortgage lenders dedicated to innovation and collaboration, has released its latest Pulse of the Network report, offering key insights into the challenges and opportunities shaping the mortgage industry in 2025. The survey, conducted with decision-makers—including CEOs, COOs, and department heads from banks, credit unions, and independent mortgage banks (IMBs)—highlights how lenders are preparing for a shifting market landscape.

2024–2025 Mortgage Industry Insights Released by The Mortgage Collaborative
Image caption: 2024–2025 Mortgage Industry Insights Released by The Mortgage Collaborative.

“In a rapidly evolving mortgage environment, industry leaders are focusing on operational efficiency, strategic growth, and innovative technology to stay competitive,” said Jodi Hall, CEO and President at The Mortgage Collaborative. “Our Pulse of the Network report provides a real-time look at the industry’s top challenges and the strategic priorities guiding lenders into 2025.”

TOP INDUSTRY CHALLENGES

Lenders identified five critical issues they faced in 2024:

  • Housing Inventory & Affordability – Low inventory and high home prices continue to squeeze the market, limiting lending opportunities.
  • Rising Costs & Margin Pressure – Loan origination costs outpace revenue growth, driving the need for leaner operations.
  • Talent & Recruitment Struggles – Finding and retaining top Loan Officers (LOs) remains a challenge as competition intensifies.
  • Technology Inefficiencies – Many lenders report their tech stacks are costly and underperforming, prompting a shift toward smarter automation.
  • Revenue Growth in a Tight Market – With fewer refinancing opportunities, lenders are focusing on new loan products and stronger borrower relationships.

KEY STRATEGIES FOR SUCCESS

Despite challenges, lenders are proactively adjusting their strategies and focusing on these goals in 2025:

  • Boosting Loan Volume & Revenue – Expanding partnerships, launching new loan products, and enhancing digital marketing.
  • Optimizing Technology – Streamlining tech stacks, automating workflows, and improving borrower experiences.
  • Enhancing Talent Retention – Strengthening workplace culture, compensation, and mentorship programs.
  • Building Leaner Operations – Cutting inefficiencies and leveraging AI to reduce manual workloads.
  • Strengthening Industry Collaboration – Engaging in peer networks, benchmarking, and market insights.

THE PATH FORWARD

The mortgage industry is poised for transformation in 2025, and TMC’s Pulse of the Network report underscores the importance of adaptability, strategic investment, and collaboration. By focusing on efficiency, technology, and talent, lenders can position themselves for growth in an unpredictable market.

“At TMC, we believe success isn’t just about navigating today’s challenges—it’s about preparing for the future,” added Jodi Hall. “Our network is committed to empowering lenders with the insights, tools, and connections needed to thrive in any market conditions.”

For the full report visit our blog.

*To participate in our next survey, talk to us about joining TMC: set a time to talk or email us.

About The Mortgage Collaborative:

The Mortgage Collaborative (TMC) is a member-driven organization dedicated to empowering mortgage lenders across the U.S. through networking, education, and advocacy. By fostering an environment of collaboration and innovation, TMC supports the success of its members, ensuring they thrive in a rapidly evolving industry. For more information, visit www.mortgagecollaborative.com.

NEWS SOURCE: The Mortgage Collaborative


This press release was issued on behalf of the news source (The Mortgage Collaborative), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/2024-2025-mortgage-industry-insights-released-by-the-mortgage-collaborative/

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129 New Manufacturing Planned Industrial Project Stays Steady to Start the January 2025 New Year

JACKSONVILLE BEACH, Fla., Feb. 18, 2025 (SEND2PRESS NEWSWIRE) — Industrial SalesLeads announced today the January 2025 results for the new planned capital project spending report for the Industrial Manufacturing industry. The Firm monitors planned industrial capital projects across North America, encompassing facility expansions, new plant construction, and major equipment upgrades. Research confirms 129 new projects in the Industrial Manufacturing sector for the start of the new year.

129 New Manufacturing Planned Industrial Project Stays Steady to Start the Jan. 2025 New Year
Image caption: 129 New Manufacturing Planned Industrial Project Stays Steady to Start the Jan. 2025 New Year.

The following are selected highlights on new Industrial Manufacturing industry construction news.

Industrial Manufacturing – By Project Type

Manufacturing/Production Facilities – 116 New Projects

Distribution and Industrial Warehouse – 83 New Projects

Industrial Manufacturing – By Project Scope/Activity

New Construction – 37 New Projects

Expansion – 39 New Projects

Renovations/Equipment Upgrades – 56 New Projects

Plant Closings – 19 New Projects

Industrial Manufacturing – By Project Location (Top 10 States)

New York – 16

North Carolina – 12

Ohio – 11

Indiana – 9

Michigan – 7

Missouri – 6

Pennsylvania – 6

Tennessee – 6

Wisconsin – 6

California – 5

Largest Planned Project

During the month of January, our research team identified 16 new Industrial Manufacturing facility construction projects with an estimated value of $100 million or more.

The largest project is owned by Hyundai-Steel America, Inc., who is planning to invest $7 billion for the construction of a manufacturing facility in NEW ORLEANS, LA. They are currently seeking approval for the project. Construction is expected to start in early 2026, with completion slated for 2029.

Top 10 Tracked Industrial Manufacturing Projects

NEW YORK:

Semiconductor mfr. is planning to invest $575 million for the construction of a laboratory and manufacturing facility on their campus in MALTA, NY. They are also planning to invest $186 million for renovations on their existing manufacturing facility at the site. They are currently seeking approval for the projects.

SOUTH CAROLINA:

Aggregate supplier is planning to invest $450 million for the construction of processing facilities in CHESTER COUNTY, SC; EDGEFIELD COUNTY, SC; SALUDA COUNTY, SC; and SPARTANBURG COUNTY, SC. The project also includes expansion of their existing processing facilities in FAIRFIELD COUNTY, SC, and KERSHAW COUNTY, SC.

NORTH CAROLINA:

Aerospace component mfr. is planning to invest $285 million for the expansion and equipment upgrades on their manufacturing facility in ASHEVILLE, NC. They are currently seeking approval for the project.

IOWA:

Paper product mfr. is planning to invest $260 million for the construction of a 900,000 sf manufacturing and warehouse facility in WATERLOO, IA. They are currently seeking approval for the project.

UTAH:

Utility structure mfr. is planning to invest $200 million for the construction of a manufacturing facility on their manufacturing campus in BRIGHAM CITY, UT. They are currently seeking approval for the project.

SOUTH CAROLINA:

Energy equipment mfr. is planning to invest $160 million for an expansion of their manufacturing facility in GREENVILLE, SC. They are currently seeking approval for the project.

OHIO:

Steel company is planning to invest $130 million for an expansion of their manufacturing facility in DELTA, OH. They are currently seeking approval for the project. Completion is slated for 2027.

UTAH:

Fuel cell mfr. is planning to invest $99 million for the expansion and equipment upgrades on their processing facility in NORTH SALT LAKE, UT. They are currently seeking approval for the project.

PENNSYLVANIA:

Semiconductor mfr. is planning to invest $79 million for the expansion and equipment upgrades on their manufacturing facility in EASTON, PA. They are currently seeking approval for the project.

MISSOURI:

Electrical parts mfr. is planning to invest $74 million for the expansion of their manufacturing facility on Paris Rd. in COLUMBIA, MO by 58,000 sf. They are currently seeking approval for the project.

About Industrial SalesLeads, Inc.

Since 1959, Industrial SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team. Visit us at salesleadsinc.com.

Each month, our team provides hundreds of industrial reports within a variety of industries, including:

NEWS SOURCE: Industrial SalesLeads Inc


This press release was issued on behalf of the news source (Industrial SalesLeads Inc), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

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ACES Q3 2024 Mortgage QC Trends Report shows ‘sharp rise in insurance defects’ for second time this year

Fluctuations in key underwriting categories reinforce the need for quality control

DENVER, Colo., Feb. 13, 2025 (SEND2PRESS NEWSWIRE) — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of its quarterly ACES Mortgage QC Industry Trends Report covering the third quarter (Q3) of 2024. The latest report analyzes post-closing quality control data derived from ACES Quality Management & Control® software.

ACES Quality Management
Image caption: ACES Quality Management.

NOTABLE FINDINGS FROM THE Q3 2024 REPORT INCLUDE THE FOLLOWING:

  • The overall critical defect rate declined from Q2 to Q3 by nearly 17%, ending the quarter at 1.51%.
  • Income/Employment was again the leading category of defects at 25%, followed by Assets at 16.67%. Credit and Loan Documentation tied for the third most defects at 12.12% each.
  • Insurance defects increased more than four-fold from a nominal .65% in Q2 to 3.03% in Q3, demonstrating a volatile pattern since Q1 when the share stood at 8%.
  • Mirroring the origination environment in Q3, lenders increased their reviews of refinances while defect share declined.
  • Purchase defect share increased despite a decrease in purchase reviews.
  • Conventional review share increased slightly in Q3, while FHA, USA and VA loan reviews decreased.
  • Defects declined significantly for conventional and USDA loans this quarter, while FHA defect share increased by 25%.
  • VA defect share increased significantly in Q3, though primarily driven by a temporary phenomenon.

“The drop in the overall critical defect rate this quarter is a welcome shift, but the underlying trends tell a more complex story. The sharp rise in insurance defects, combined with fluctuations in key underwriting categories, reinforces the need for lenders to stay agile in their quality control efforts,” said Nick Volpe, executive vice president of ACES Quality Management. “As market conditions evolve, leveraging technology and data-driven insights will be critical to maintaining loan integrity and mitigating future risk.”

Findings for the Q3 ACES Mortgage QC Industry Trends Report are based on post-closing quality control data derived from the ACES Quality Management and Control® benchmarking system and incorporate data from prior quarters and/or calendar years, where applicable. All reviews and defect data evaluated for the report were based on loan audits selected by lenders for full file reviews.

The Mortgage QC Industry Trends Reports are available for download, free of charge, at https://www.acesquality.com/resources/reports.

About ACES Quality Management:

ACES Quality Management is the leading provider of enterprise quality management and control software for the financial services industry. The nation’s most prominent lenders, servicers and financial institutions rely on ACES Quality Management & Control® Software to improve audit throughput and quality while controlling costs, including:

  • Over 70% of the top 20 independent mortgage lenders;
  • 7 of the top 10 loan servicers;
  • 11 of the top 30 banks; and
  • 3 of the top 5 credit unions in the United States.

Unlike other quality control platforms, only ACES delivers Flexible Audit Technology®, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ACES clients get responsive support and access to our experts to maximize their investment. For more information, visit www.acesquality.com or call 1-800-858-1598.

NEWS SOURCE: ACES Quality Management


This press release was issued on behalf of the news source (ACES Quality Management), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/aces-q3-2024-mortgage-qc-trends-report-shows-sharp-rise-in-insurance-defects-for-second-time-this-year/

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January Mortgage Lock Data Shows Year-Over-Year Improvement in Refinance Volume Despite Higher Rates

Optimal Blue's January 2025 Market Advantage mortgage data report highlights a softening purchase market, boost in refi demand among elevated rates

PLANO, Texas, Feb. 13, 2025 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its January 2025 Market Advantage mortgage data report, revealing a sharp rise in year-over-year (YoY) refinance activity alongside a drop in purchase lock counts. The decline in purchase lock counts marks the lowest January count since Optimal Blue began tracking this data in 2019. Meanwhile, refinance lock volume surged even though the Optimal Blue Mortgage Market Indices (OBMMI) 30-year ticked above 7% for the first time since May.

Optimal Blue's January 2025 Market Advantage mortgage data report
Image caption: Optimal Blue’s January 2025 Market Advantage mortgage data report.

“January lock data shows two important ways constrained affordability is impacting the housing finance market. On one hand, refinance activity saw impressive YoY growth despite elevated rates, signaling a growing pool of homeowners with mortgage rates high enough to justify a refinance. On the other hand, purchase lock counts declined YoY, marking the lowest January figures since we began tracking this data in 2019,” said Brennan O’Connell, director of data solutions at Optimal Blue. “A combination of high home prices and rates are curbing purchase activity, while at the same time fueling refinance demand among homeowners who purchased when rates were even higher.”

Key findings from the Market Advantage report, derived from direct-source mortgage lock data, include:

  • Refinance activity surges YoY: Despite rates remaining above 6.8%, total refinance lock volume grew more than 20% YoY for both rate-and-term and cash-out refinances. This indicates that a growing share of borrowers with higher-rate mortgages are finding opportunities to refinance, such as those who purchased between August and November of 2023.
  • Purchase lock volume rises MoM but declines YoY: Purchase lock volume climbed 16% from December, reflecting typical seasonal momentum at the start of the year. However, YoY purchase lock counts – which control for home price appreciation – were down 6%, marking the lowest January figures in six years. This follows a strong end to 2024 and will be an important trend to watch moving forward.
  • Rates hold steady after an early-month jump: The OBMMI 30-year conforming rate started January above 7% but rallied late in the month, ending at 6.84% (up just 1 basis point). Other key rate indices followed a similar pattern, with jumbo rates up 2 bps, FHA rates unchanged, and VA rates up 4 bps.
  • Conforming loan share remains near record lows: After hitting a multi-year low in December, conforming loan share edged up slightly to 51% of total production but remained near historical lows. This was offset by small declines in nonconforming and FHA loan share. VA lending share held steady.
  • Credit scores show mixed trends: The average credit score for purchase and rate-and-term refinance loans rose by 1 point to 738 and 728, respectively. Meanwhile, the average credit score for cash-out refinances declined by 4 points to 693.
  • Home prices increase while loan amounts remain stable: The average home purchase price rose from $473.7K to $476.2K, while the average loan amount dipped slightly from $376.9K to $376.4K.

The full Market Advantage report, which provides more detailed findings and additional insights into U.S. mortgage market trends, can be viewed at (PDF): https://www2.optimalblue.com/wp-content/uploads/2025/02/OB_MarketAdvantage_MortgageDataReport_Jan2025.pdf.

This month’s Market Advantage podcast, which was recorded on-site at the Optimal Blue Summit, features HousingWire Editor in Chief Sarah Wheeler as a guest commentator. Access the podcast: https://market-advantage.captivate.fm/listen.

About the Market Advantage Report:

Optimal Blue issues the Market Advantage mortgage data report each month to provide early insight into U.S. mortgage trends. Leveraging lender rate lock data from the Optimal Blue PPE – the mortgage industry’s most widely used product, pricing, and eligibility engine – the Market Advantage provides a view of early-stage origination activity. Unlike self-reported survey data, mortgage lock data is direct-source data that accurately reflects the in-process loans in lenders’ pipelines.

Nothing herein shall be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.

About Optimal Blue:

Optimal Blue effectively bridges the primary and secondary mortgage markets to deliver the industry’s only end-to-end capital markets platform. The company helps lenders of all sizes and scopes maximize profitability and operate efficiently so they can help American borrowers achieve the dream of homeownership. Through innovative technology, a network of interconnectivity, rich data insights, and expertise gathered over more than 20 years, Optimal Blue is an experienced partner that, in any market environment, allows lenders to optimize their advantage from pricing accuracy to margin protection, and every step in between. To learn more, visit https://OptimalBlue.com/.

NEWS SOURCE: Optimal Blue


This press release was issued on behalf of the news source (Optimal Blue), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/january-mortgage-lock-data-shows-year-over-year-improvement-in-refinance-volume-despite-higher-rates/

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Millionaire Mastermind Academy Expands National Impact, Empowering Over 8,000 Minority Women Entrepreneurs

2023-2024 Annual Report Highlights Groundbreaking Entrepreneur Curriculum and Strategic Partnerships Driving Economic Equity

ATLANTA, Ga., Feb. 10, 2025 (SEND2PRESS NEWSWIRE) — Millionaire Mastermind Academy (MMA), a nationally recognized nonprofit organization, has released its 2023-2024 Annual Impact Report, underscoring its proprietary entrepreneur curriculum and the power of strategic national partnerships in creating pathways to financial independence for minority women entrepreneurs. With a strong presence in Georgia, Texas, Florida, and Arizona, MMA has supported over 8,000 entrepreneurs, empowering them with the education, mentorship, and resources needed to build and scale successful businesses.

Millionaire Mastermind Academy Empowers Over 8,000 Minority Women Entrepreneurs
Image caption: Millionaire Mastermind Academy Empowers Over 8,000 Minority Women Entrepreneurs.

CLICK HERE TO DOWNLOAD THE IMPACT REPORT – https://millionairemastermindacademy.org/impact-report/

A COMMITMENT TO ENTREPRENEURIAL EDUCATION AND ECONOMIC EMPOWERMENT

Millionaire Mastermind Academy remains dedicated to eradicating poverty through entrepreneurship, equipping minority women with business training, financial literacy, and leadership development.

Its proprietary entrepreneur curriculum provides:

  • Comprehensive business education programs designed to build capacity, foster leadership, and create employer firms.
  • Hands-on support in accessing procurement and contracting opportunities, enabling women entrepreneurs to transition from sole proprietors to sustainable employer
  • Targeted mentorship and financial literacy training, ensuring long-term economic stability and wealth creation.
  • Specialized programs in supplier diversity, real estate investment, and access to capital, bridging systemic gaps in minority business success.

“Ending poverty starts with access—access to resources, education, and opportunities. That’s what we provide at Millionaire Mastermind Academy,” said Dr. Velma Trayham, Founder & Chairwoman of Millionaire Mastermind Academy. “By equipping minority women with the tools to succeed, we are driving economic transformation in historically underserved communities.”

CREATING EMPLOYER FIRMS THROUGH CONTRACTING AND PROCUREMENT SUPPORT

The Annual Report highlights MMA’s commitment to breaking systemic barriers by providing women entrepreneurs with the knowledge, support, and networks needed to secure public and private contracting opportunities.

Through targeted programs, MMA offers:

  • Capacity-building support to prepare businesses for growth and
  • Technical assistance in procurement processes and supplier certifications (e.g., MBE, DBE, WBE).
  • Direct access to contracting and corporate supplier diversity networks.
  • Strategic mentorship to help minority entrepreneurs scale and create long-term job opportunities.

This work has significantly contributed to job creation and economic revitalization in underserved communities, strengthening minority women-led businesses and accelerating economic mobility.

POWERFUL NATIONAL PARTNERSHIPS DRIVING IMPACT

A key driver of Millionaire Mastermind Academy’s success is its growing network of national funders, investors, and corporate partners, which includes:

  • JPMorgan Chase
  • Truist Bank
  • American Landmark Apartments
  • Bank of America
  • M&T Bank

These organizations, among many others, have played a vital role in expanding MMA’s programs, providing funding, mentorship, and access to high-value business networks. The academy remains committed to leveraging these partnerships to create economic equity and remove systemic barriers for minority women entrepreneurs.

NEWS SOURCE: Millionaire Mastermind Academy


This press release was issued on behalf of the news source (Millionaire Mastermind Academy), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/millionaire-mastermind-academy-expands-national-impact-empowering-over-8000-minority-women-entrepreneurs/

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Mortgage Lock Volume Stays Flat in Latest MCT February Indices

SAN DIEGO, Calif., Feb. 6, 2025 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a 0.12% decrease in mortgage lock volume compared to the previous month. Industry professionals and market enthusiasts are encouraged to download the complete report for a deeper understanding of the latest market trends and dynamics.

Mortgage Lock Volume Stays Flat in Latest MCT February Indices
Image caption: Mortgage Lock Volume Stays Flat in Latest MCT February Indices.

Despite the drop in refinance volume, purchase volume has remained steady, resulting in relatively no change in overall production volume month-over-month. The stability in purchase volume continues to support market activity while the industry awaits potential shifts in interest rates.

MCT’s data did show an increase in refinance production in the latter half of January. However, this uptick is likely attributable to the seasonal lull of the holiday period when compared to the end of December.

The outlook for the upcoming Federal Reserve meeting remains uncertain, as additional data is required to refine market predictions. “Tariffs, if or when implemented, may have an impact on inflation which will have influence over the next Fed decision,” said Andrew Rhodes, Senior Director and Head of Trading at MCT. “This, along with upcoming Nonfarm payroll and Consumer Price Index (CPI) reports, will help determine the outlook for mortgage rates heading into the Spring season.”

MCT’s latest report offers an in-depth analysis of these factors, providing valuable insights to lenders, investors, and industry stakeholders as they navigate the shifting mortgage landscape. To access the full report and learn more about MCT’s innovative solutions, visit MCT’s website.

MCT’s Lock Volume Indices present a snapshot of rate lock volume activity in the residential mortgage industry broken out by lock type (purchase, rate/term refinance, and cash out refinance) across a broad diversity of lenders (e.g., sizes, products/services offered, business models) from MCT’s national footprint.

Download the report: https://mct-trading.com/press-release/mortgage-lock-volume-flat-latest-february-indices/

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT’s stewardship. MCT’s technology and know-how continue to revolutionize how mortgage assets are priced, locked, hedged, traded, and valued – offering clients the tools to perform under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

IMAGE link for media: https://mct-trading.com/wp-content/uploads/2025/02/mct-lock-volume-indices-43.png

MEDIA CONTACT:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

NEWS SOURCE: Mortgage Capital Trading Inc.


This press release was issued on behalf of the news source (Mortgage Capital Trading Inc.), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/mortgage-lock-volume-stays-flat-in-latest-mct-february-indices/

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