MidOcean and Point finalize $600 million acquisition of HEI.
MidOcean Partners collaborates with Point in a $600 million acquisition of home equity assets, highlighting a strategic move within the private lending sector.
William Raveis explores AI growth strategies and a potential NAR exit.
William Raveis enhances its offerings with AI innovations, wealth management services, and anticipates changes to NAR membership, paving the way for future growth.
Kiavi Expands Operations to 49 States Across the Country
Kiavi expands its reach to four new states, enhancing its AI-driven real estate investment platform and servicing a total of 49 states for private lenders.
New York enacts ban on right-to-list agreements, following many states.
New York law prohibits right-to-list agreements, imposes penalties for their recording, and enables removal from property records to safeguard homeowners.
UWM to Acquire Two Harbors, Significantly Expanding Servicing Portfolio
United Holding Corp. plans to acquire Two Harbors Investment Corp. in an all-stock transaction valued at $1.3 billion, redefining the real estate investment landscape.
Major Developments: Rocket and Redfin Join the Portal Competition
Rocket's acquisition of Redfin and Lower's Movoto deal indicate intensified competition in the real estate portal market, posing challenges to Zillow's dominance.
A fifty-year mortgage addresses affordability by extending repayment, not solving it.
Explore the implications of the fifty-year mortgage trend as lenders seek volume and buyers face affordability challenges in a high-cost housing market.
Mortgage Demand Declines While Refinance Share Hits Highest Level Since September
Mortgage applications fell 3.8% last week amid rising interest rates, with refinance activity reaching its highest level since September, indicating shifting trends.
Supreme Court rejects REX’s request for a rehearing of its petition.
The Supreme Court declined REX's appeal regarding its antitrust case against NAR and Zillow, potentially impacting real estate market dynamics for private lenders.
California Sees Highest Home Sales in Three Years
California's statewide median home price decreased by 3.9%, impacting the market dynamics for private lenders. Discover the current trends in home sales.