Mamdani Withdraws Commitment to Develop Affordable Housing in Lower Manhattan
Local opposition has halted a proposed housing project at a community garden site, raising questions about affordable housing strategies and development in the area.
Offerpad Announces Plans to Resume Operations in the Coming Years
Offerpad CEO Brian Bair indicates a significant shift in buying activity with the introduction of four new products and a refined buy box strategy.
MoxiWorks enhances RISE ecosystem through Cloze integration.
MoxiWorks enhances RISE with a Cloze integration, facilitating two-way contact and activity syncing for agents and brokerages across various countries.
Maryland Judge Dismisses loanDepot’s Attempt to Dismiss LO Compensation Lawsuit
A federal judge has rejected loanDepot's attempt to dismiss a class-action lawsuit claiming violations of loan officer compensation rules and borrower steering practices.
Can a cooling labor market sustain mortgage rates under 7% in 2026?
Locked loan data reveals mortgage rates remain around 7%. A disappointing jobs report may influence policymakers and delay anticipated rate hikes.
Delaying until fall won’t increase home affordability; here’s what will.
Income required to purchase a median-priced home now exceeds $120,000, reflecting a significant increase. As rates approach 6.5%, strategic buyer preparation is essential.
Consumer groups caution that CFPB mortgage rule rollbacks may endanger borrowers.
Advocacy groups caution that potential modifications to federal lending regulations may increase risks for consumers, highlighting the need for careful consideration.
Erinn Nobel Aims to Establish a Purposeful Brokerage Following Real and eXp Success
ENRG. Realty, co-founded by Erinn and Peter Nobel, operates across 16 states, focusing on revenue sharing and equity awards, emphasizing sustainable growth over recruitment.
UWM files lawsuit against Two Harbors over unsuccessful merger, seeks $500M+
United Wholesale Mortgage has filed a lawsuit against Two Harbors Investment Corp., alleging breach of merger agreement and fraud amid a competing deal with CrossCountry Mortgage.
MITT to Acquire Cherry Hill, Establishing $9 Billion Residential Mortgage REIT
TPG Mortgage Investment Trust Inc. is set to acquire Cherry Hill Mortgage Investment Corp. in a cash-and-stock transaction valued at approximately $117.5 million. This strategic move will establish a robust $9 billion residential mortgage REIT platform, enhancing market presence and operational synergy.