FOA reports $80 million profit and acquires Blackstone’s equity stake.
Company reports $80 million profit, consistent with Q1, indicating a strong recovery from a $5 million loss in Q2, attracting attention from private lenders.
Unlock Expands to Five Additional States and Appoints Chief Growth Officer
Unlock expands its home equity agreements (HEAs) to five new states: Hawaii, Idaho, Montana, New Hampshire, and Wyoming, offering more options for homeowners.
Christie’s International Real Estate Southern California introduces crypto division.
A new luxury real estate division launches with over $1 billion in listings, featuring a record-breaking home available for cryptocurrency transactions.
Northeast and Midwest Suburbs Lead Realtor.com’s Most Popular ZIP Codes
Explore emerging housing trends as Chief Economist Danielle Hale discusses the appeal of newer homes in the hottest neighborhoods. Discover insights for investors.
Mortgage Rates Stabilize While Policy Debates Intensify
Fed maintains rates at 4.25%-4.5%, signaling potential upcoming cuts. Private lenders should prepare for shifts in borrowing conditions and market trends.
Rithm Plans Acquisition of $1 Billion in Home Improvement Loans
Asset manager secures $1 billion in home improvement loans via a one-year flow agreement with fintech firm Upgrade, enhancing lending strategies and market reach.
Rising Abandoned Mortgage Applications Linked to Homebuyer Confusion
A recent survey reveals that both recent and prospective U.S. homebuyers prioritize timing and confidence in their purchasing decisions.
UBS Agrees to $300 Million Settlement in Credit Suisse Case
UBS's recent payment addresses consumer-relief obligations from Credit Suisse's 2017 agreements, impacting the landscape for private lenders and borrowers alike.
Rocket Revitalizes Real Estate Division, Partners with Redfin for Home Search
Rocket Homes will redirect users to Redfin for home searches after August 4, enhancing the home-buying experience with a reliable platform transition.
Douglas Elliman opposes the normalization of private listings.
Douglas Elliman shows resilience with its strongest first half performance since 2022, despite a slow second quarter in the current market landscape.