BREAKING NEWS: Better Home & Finance Holding Company is facing a newly filed federal securities class action alleging investors were misled about slowing mortgage conversion rates and the company’s goal of reaching $1 billion in monthly funded loan volume....
KB Home reported third-quarter net income of $65.3 million, down 41% from a year earlier, as net orders fell 12% and housing gross margin compressed. Executives said housing conditions have weakened since June as higher mortgage rates pressure affordability and buyer...
Millrose Properties is going back to the debt market for as much as $1 billion, with part of the financing explicitly linked to the pending combination of Dream Finders Homes and Beazer Homes. The Miami-based homesite finance company said Tuesday it plans to offer two...
Compass has redesigned its consumer website around a blunt promise to home shoppers: “See It First.”The brokerage’s homepage now leads with the message that consumers can “find more homes before they’re listed on other real estate sites,” placing early-access...
Federal prosecutors in North Texas have charged four people in an alleged multiyear mortgage-fraud scheme that they say used fabricated employment, income and bank records to obtain more than 20 home loans totaling approximately $7.34 million.A federal grand jury...
Optimal Blue Buys Usherpa, Bringing Borrower Outreach Into Mortgage Pricing…
