I have lost track of how many times housing has supposedly been six months away from getting better. There is always another forecast. Rates are going to come down in the spring. Buyers will return after some future event. Inventory will improve next year. The Fed...
The Federal Trade Commission (FTC) has announced a settlement to resolve its antitrust litigation against Zillow Group (NASDAQ: Z, ZG) and Redfin, a division of Rocket Companies (NYSE: RKT), over their $100 million rental housing agreement. Last October, the FTC and...
Fannie Mae (OTCQB: FNMA) experience a jolt of senior executive firings last week, though the circumstance behind their terminations remains unclear and the impact of their departures may not be as severe as news reports insisted. The Wall Street Journal, sourcing its...
NEXA Lending is acquiring UMortgage in a major consolidation move involving two prominent companies in the independent mortgage broker channel. The transaction was announced Sunday, Aug. 23. Under the agreement, UMortgage will move onto NEXA’s larger operating...
The acquisition expands CoStar Group deeper into new-home construction data, builder software and residential real estate marketplaces. CoStar Group has completed its $800 million cash acquisition of Zonda, significantly expanding the real estate information and...
The transaction is now expected to close Monday, August 24, subject to remaining closing conditions. The Real Brokerage has received final court approval in connection with its proposed acquisition of RE/MAX Holdings, moving the transaction another step closer to...
We Said Competition Would Lower Mortgage Costs. Now Let’s Prove It.
