Despite the necessary requirement for a homeowner to maintain insurance on their property for protection against human- and naturally-occurring disasters, the impacts of climate change are creating “natural” scenarios that are increasingly not covered […]
Guild Holdings Company, parent company of Guild Mortgage, recorded a 6% increase in mortgage originations and much higher revenue levels in the first quarter of 2024 than in 2023. Net income saw substantial improvements […]
Rocket Companies, the parent company of Rocket Mortgage, hired its first chief technology officer this week, bringing former Thomson Reuters and Intel executive Shawn Malhotra into the fold. The hire is Rocket’s latest move […]
Portside Real Estate Group, led by Dava Davin, has acquired Lakepoint Real Estate, led by industry veteran Dan McCarron, the company announced on Wednesday. It is the second company that Portside has acquired. In […]
Mortgage tech firm Blend Labs reported another loss in the first quarter of 2024, but its executives remain confident the company will deliver profits by the end of this year. To reach this goal, the company […]
Social Security is often the centerpiece of seniors’ fixed income in later life, and while predictions remain limited for the life of the program’s trust fund, there was some good news recently from the […]
UWM Holdings Corp., the parent of United Wholesale Mortgage (UWM), returned to profitability in the first quarter of 2024 despite higher rates, a lack of inventory and a decline in the fair value of its mortgage […]
After months of uncertainty, the real estate industry has a reason to celebrate, at least a little bit. Judge Stephen Bough on Thursday granted final approval to the commission lawsuit settlement agreements reached by […]
A monumental Motor City mansion is set to be auctioned off next month. Detroit’s 31,000-plus-square-foot Bishop Mansion listed last May for nearly $9 million, making the 12-bedroom, 11-bathroom estate the most expensive listing in […]
In an off-market deal, New England Patriots owner Robert Kraft has sold his long-held apartment inside New York City’s renowned Plaza Hotel for $22.5 million. Patriots owner Robert Kraft has unloaded his Plaza Hotel […]
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