Dream Finders Beazer acquisition sets new industry scale bar
Dream Finders Homes’ agreement to acquire Beazer Homes for $33.50 per share brings an end to homebuilding’s most dramatic takeover contest of 2026. What the deal says about what comes next may be even more compelling. The $2.2 billion enterprise-value deal will make Dream Finders the sixth-largest U.S. homebuilder by 2025 revenue. It also caps […]
Splitero expands home equity offering to four new states
Splitero, a financial technology company that aims to help homeowners access their home equity without taking on additional debt, has expanded to Idaho, Missouri, Montana and Wyoming. “Our latest expansion allows us to help more homeowners access the equity in their homes to better their lives without the burden of additional monthly payments,” said Michael […]
Borrowers Trust AI More than Loan Officers
Last month, Claude (AI) told me to get to an emergency room immediately. It wasn’t the first time the two of us had an “emergency” on our hands. This time it was a dissected artery in my neck. In reality, I’d probably just slept wrong. So no, I don’t think AI is always right, and […]
UWM faces law firm fraud probe and analyst cuts
UWM Holdings Corp.is facing a securities fraud investigation and fresh cuts on Wall Street after reporting a loss for the second quarter and a $2.05 billion capital raise. UWM reported that a hedge established around its attempted acquisition ofTwo Harbors Investment Corp.’smortgage servicing rights portfolio produced a $603.2 million derivatives loss. This contributed to a […]
CCM to issue $500M in debt as Two Harbors deal nears closing
CrossCountry Intermediate Holdco (CCM) is expected to issue $500 million of senior unsecured notes, coinciding with the projected August closing of its Two Harbors Investment Corp. acquisition. Fitch Ratings said it expects to rate the issuance at ‘BB-(EXP)’, ranking pari passu with existing senior unsecured debt. Proceeds are expected to be used to repay mortgage […]
ENRG. Realty expands to 16 states with a production-first model
After years of honing the craft of brokerage growth and development at firms like The Real Brokerage and eXp Realty, Erinn and Peter Nobel decided to use their skills to found and launch ENRG. Realty in January 2024. After starting her real estate career in 1999 as an agent at a boutique brokerage in Washington […]
Consumer groups warn of proposed mortgage rules rollback
A coalition of consumer and housing advocacy organizations is urging the Consumer Financial Protection Bureau (CFPB) to preserve key mortgage borrower protections, warning that proposed changes to federal lending rules could leave consumers vulnerable to predatory practices and unaffordable loans. The National Consumer Law Center, National Housing Law Project, National Fair Housing Alliance, Americans for […]
TPO GO exits wholesale channel, aligns with Stockton Mortgage
Residential mortgage lender TPO GO is exiting the wholesale business nationally under a strategic alliance with Stockton Mortgage that will transfer most of the company’s wholesale sales and operations staff to Stockton. The news was first reported on last week by Rob Chrisman and later confirmed to HousingWire by a spokesperson for Stockton Mortgage. The […]
Home equity hits $18T even as delinquencies rise, ICE says
Home equity reached a record $18 trillion in the second quarter as annual home price growth accelerated to a 14-month high in July, while mortgage delinquencies and foreclosure activity continued to rise, according to Intercontinental Exchange (ICE)’s August Mortgage Monitor report. Annual home price growth rose to 1.5% in July, marking the fifth consecutive month […]
TPG Mortgage Investment Trust to acquire Cherry Hill
TPG Mortgage Investment Trust Inc. on Monday agreed to acquire Cherry Hill Mortgage Investment Corp. in a cash-and-stock deal that values Cherry Hill at about $117.5 million and will create a $9 billion residential mortgage real estate investment trust (REIT) platform. Under the definitive merger agreement, Cherry Hill stockholders will receive 0.3063 shares of TPG […]