Whitmer Advocates for Housing Reform in Michigan to Reduce Regulations
Gov. Gretchen Whitmer advocates for a housing initiative featuring an affordable-housing tax credit to enhance construction for working-class Michiganders.
Rocket increases revenue to $6.7 billion and expands market share.
Rocket CEO Varun Krishna highlighted significant market share gains and growth, marking a pivotal year for the company in the evolving mortgage landscape.
Tri Pointe Transitions from IPO to a New Global Strategic Focus
On a pivotal day for TRI Pointe Homes, a significant IPO transformed the homebuilder's capital landscape, fostering growth and strategic opportunities in the housing market.
DDB Capital Plans 52-Acre Residential Development in Alabama
Explore the upcoming demand for first home sales as DDB Capital develops a 52-acre residential community in Alabama, presenting new opportunities for private lenders.
UWM sees 17% increase in originations to $163 billion amid refinancing surge.
UWM reported $163.4 billion in mortgage closings, a 17% increase from the previous year, but faced reduced net income amid rising refinancing and tighter margins.
Homes.com metrics improve while CoStar experiences profit decline.
Homes.com reaches 100 million average monthly visitors, highlighting growth in online real estate traffic, while CoStar reports a decline in net income due to acquisition expenses.
The Essential CFO Skills Often Overlooked by Homebuilding Founders
Explore the undervaluation of Chief Financial Officers in homebuilding and land development, highlighting their critical role in driving financial success.
Improving the Use of AI in Marketing Strategies for the Mortgage Industry
Unlock the potential of AI in marketing. Explore how leveraging technology enhances content creation and engagement for private lenders.
Home Sales Experienced Nearly 14% Cancellations in January
Rising homebuyer income requirements may impact the market, with 14% of sales canceled. Insights are crucial for private lenders navigating these trends.
LenderMac in California to Acquire Direct Mortgage Company
LenderMac's acquisition of Direct Mortgage will enhance its market presence and diversify lending options, positioning it for growth in multichannel services.