Two Harbors Investment Corp. (NYSE: TWO), a mortgage servicing rights-focused real estate investment trust, has canceled its previously announced merger with UWM Holdings Corporation (NYSE: UWMC) and announced a merger agreement with CrossCountry Mortgage. Under the...
Forewarn LLC, a provider of real-time information solutions for real estate agents, announced a partnership with Las Vegas Realtors that will enable its services to be offered for free to the organization’s roughly 16,000 members. Forewarn’s services are available...
Sen. Bernie Sanders (I-VT) and Rep. Alexandria Ocasio-Cortez (D-NY) have introduced legislation designed to halt construction on AI data centers, claiming they are a threat to democracy and humanity. The Artificial Intelligence (AI) Data Center Moratorium Act would...
The national median mortgage payment during February was $2,061. down $9 from January and down by $144 (6.5%) from one year earlier. According to data from the Mortgage Bankers Association (MBA), last month’s national median mortgage payment for conventional loan...
Winchester Partners, a joint venture between the developers LMXD and Twining Properties, has announced the opening of The Winston, a 283-unit mixed-income apartment building in New Haven, Connecticut. The five-story building as 57 units, or 20% of the residences, set...
Hits and Misses for the Real Estate Week of June 8-12
