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UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
Two Harbors is one of the nation’s largest servicers through its wholly owned subsidiary RoundPoint Mortgage Servicing LLC. Continue Reading UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
Two Harbors is one of the nation’s largest servicers through its wholly owned subsidiary RoundPoint Mortgage Servicing LLC. Continue Reading UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers
Deephaven Mortgage, a Charlotte, North Carolina-headquartered non-QM lender, has launched its Equity Advantage HELOC product that includes an option for self-employed borrowers to qualify based on 12 months of personal or business bank statements in lieu of tax...
Mortgage Rates Drop for Second Straight Week
Mortgage rates declined for the second straight week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate averaged 6.19% as of Dec. 4, down from last week when it averaged 6.23%. A year ago at this time, it...
US Institute of Peace HQ in Washington Renamed for Trump
In what might be a first in US history, an incumbent president has a building in the nation’s capital named after him. The Washington Post reports the headquarters of the US Institute of Peace (USIP) has the name “Donald J. Trump” attached to its façade. An unnamed...
NEWS & CURRENT EVENTS
A Phil Hall Op-Ed: Where’s the Beef in Trump’s Housing Affordability Plans?
Is the Trump administration seriously addressing the lack of housing affordability? Continue Reading A Phil Hall Op-Ed: Where’s the Beef in Trump’s Housing Affordability Plans?
Mortgage Application Activity Remains Mostly Flat
“The government purchase index, which includes FHA, VA, and USDA applications, increased 9 percent and had the strongest week since 2023,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Remains Mostly Flat
New Bill Would End Biden-Era Environmental Policies Impacting the Housing Market
Rep. Andy Biggs (R-AZ) introduced companion legislation in the House of Representatives. Continue Reading New Bill Would End Biden-Era Environmental Policies Impacting the Housing Market
Sutton Group Acquires Real Estate Tech Firm Homicity
Jamie Blades, founder and CEO of Homicity, will join Sutton Group as vice president of technology. Continue Reading Sutton Group Acquires Real Estate Tech Firm Homicity
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Mortgage Application Activity Declines for Fourth Straight Week
The Refinance Index increased by 4% and was 81% higher than the same week one year ago. Continue Reading Mortgage Application Activity Declines for Fourth Straight Week
REcore Solutions Sues Homes.com and CoStar Group Over Unpaid Licensing Fees
REcore said it would terminate the Homes.com and HomesPro data feeds containing listing records for the CRMLS as of Nov. 1. Continue Reading REcore Solutions Sues Homes.com and CoStar Group Over Unpaid Licensing Fees
eXp Realty Launches Division Aimed at Sports and Entertainment Clients
The new eXp Sports & Entertainment will be part of eXp Luxury. Continue Reading eXp Realty Launches Division Aimed at Sports and Entertainment Clients
A Phil Hall Op-Ed: Bill Pulte’s Curious Benevolence
The size and the destination of the FHFA director’s donation is unknown. Continue Reading A Phil Hall Op-Ed: Bill Pulte’s Curious Benevolence
Mountain Lakes Board of Realtors Joins Hive MLS
“We believe in working together while staying true to who we are,” said Kathleen Simmons, association executive at MLBOR. Continue Reading Mountain Lakes Board of Realtors Joins Hive MLS
Toys R Us to Open New Wave of Flagship and Seasonal Stores
20 locations are either currently open or will soon open on a seasonal basis at malls in 17 states. Continue Reading Toys R Us to Open New Wave of Flagship and Seasonal Stores
Compass Unveils Buyer Demand, a Proprietary Tool for Real-Time Market Insight
The company said the tool will enable agents and their clients to identify dynamics across different price points. Continue Reading Compass Unveils Buyer Demand, a Proprietary Tool for Real-Time Market Insight
Report: 70 New Down Payment Assistance Programs Launched During Q3
More than 2,000 counties now have 10 or more down payment assistance programs available for homebuyers. Continue Reading Report: 70 New Down Payment Assistance Programs Launched During Q3
FHFA’s Pulte Pitches Investing in Fannie Mae and Freddie Mac Ahead of Potential IPO
Pulte claimed on X that the president was “opportunistically evaluating an offering” that might be conducted “as early as the end of 2025.” Continue Reading FHFA’s Pulte Pitches Investing in Fannie Mae and Freddie Mac Ahead of Potential IPO
Denver-Area Fire Department Seeks Property Tax Hike to Offset Budget Shortfall
The South Metro Fire Rescue serves nearly 600,000 residents in Arapahoe, Douglas and Jefferson counties. Continue Reading Denver-Area Fire Department Seeks Property Tax Hike to Offset Budget Shortfall
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