MISMO Names Amy Moses as VP of Strategic Growth

by Phil Hall | Dec 17, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

MISMO, the real estate finance industry’s standards organization, has hired Amy Moses as vice president of strategic growth. In this role, Moses will lead MISMO’s growth and revenue strategy, drive expanded industry engagement, and cultivate strategic...

UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion

by Phil Hall | Dec 17, 2025 | Current News & Events, Mortgage Information, Real Estate Investing, Real Estate News, WRE News Exclusive

UWM Holdings Corporation (NYSE: UWMC), the parent of United Wholesale Mortgage (UWM), is acquiring Two Harbors Investment Corp. (NYSE: TWO), a real estate investment trust, in an all-stock transaction for $1.3 billion. Two Harbors is one of the nation’s largest...

Mortgage Application Activity Down by Nearly 4%

by Phil Hall | Dec 17, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slowed during the week ending Dec. 12, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, was down by 3.8% on a seasonally adjusted basis from...

Former Deloitte Executive Kenny M. Smith Named CEO at Freddie Mac

by Phil Hall | Dec 17, 2025 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Freddie Mac (OTCQB: FMCC) announced the appointment of Kenny M. Smith as CEO, effective today. He also will serve as a member of the company’s board of directors. The previous CEO, Biden-appointee Diane Reid, was fired in March by Bill Pulte, the Federal Housing...

Vermont Governor Seeks to Use State Surplus Revenue to Cut Proposed Property Tax Hike

by Phil Hall | Dec 17, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Vermont Gov. Phil Scott is seeking to use surplus state funds to reduce a projected 12% property tax hike slated for 2026, but the Republican governor is getting pushback from some Democratic legislators over his plan. Vermont Public reports Scott’s administration...