Data centers are popping up in lower-income neighborhoods, fewer retail stores are shutting down, and British homebuyers are looking for air-conditioned residences. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 10-14....
The Rocket Mortgage division of Rocket Companies (NYSE: RKT) has filed a lawsuit against United Wholesale Mortgage (NYSE: UWMC) claiming it breached the non-solicitation agreements linked to the sale of mortgage-servicing rights (MSR) to Nationstar Mortgage Group,...
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...
United Wholesale Mortgage (NYSE: UWMC) has entered a partnership with Google Cloud that aims to bring a new era of artificial intelligence (AI) solutions to the mortgage lending industry. According to the companies, UWM will integrate Google Cloud AI and machine...
UWM Holdings Corporation (NYSE: UWMC) has named Rami Hasani as its new chief financial officer, effective April 1. He will replace Andrew Hubacker, who is moving into a senior advisor role with the Pontiac, Michigan-based company. Hasani originally joined the company...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
