Chimera boosts non-QM presence with HomeXpress acquisition
New York City-based REIT will pay $120M in cash for national non-Qualified Mortgage lender HomeXpress Mortgage Corp., plus 2.08M shares in Chimera valued at $27.9M
by Matt Carter Jun 12
Covius inks agreement to acquire Blend's Title365 business
Colorado-based Covius will continue to provide integrated title and closing services to Blend's customers, and Title365 President Kirby Hulbert will join Covius' settlement services team
by Matt Carter Jun 9
Redfin shareholders approve Rocket merger at special meeting
With antitrust regulators declining to weigh in, $1.75B deal to marry a tech-focused mortgage lender to real estate brokerage could close by the end of the month
by Matt Carter Jun 4
Rocket will pay off $4B in Mr. Cooper debt after acquisition
Although Rocket's plans to acquire Mr. Cooper and Redfin are structured as all-stock deals, assuming their debts will leave Rocket more highly leveraged, Fitch analysts say
by Matt Carter Jun 3
Tech, scale and strategy fuel Q1 wins across real estate
From Zillow’s return to profit to CoStar’s continued growth, Q1 earnings reveal how companies are adapting — and competing — in a shifting market
by Jessi Healey May 15
Mortgage lender Lower acquires Movoto and parent OJO
The deal will give Lower greater reach, while also contributing to an 'end-to-end homeownership' platform — increasingly the holy grail of real estate technology
by Jim Dalrymple II May 13
Rocket says it could close Redfin acquisition as soon as this quarter
Home loan giant boosts Q1 mortgage production by 7%, to $21.6B, and executives say plans to acquire Redfin and Mr. Cooper remain on track to close this year
by Matt Carter May 8
Zillow turned a profit in Q1 for the first time in years
The portal lifted its rental and mortgage segments in the first 3 months of 2025, earnings data released Wednesday shows. CEO Jeremy Wacksman said the gains came despite a tough market
by Jim Dalrymple II May 7
UWM shrugs off $241M Q1 net loss on loan servicing writedown
Executives put a positive spin on prospects for growth, with loan origination volume up 17% from a year ago to $32.4B, with refi boom helping drive 5% increase in revenue to $613.4M
by Matt Carter May 6
ERS merges with investment firm, partners with eXp
The Nebraska-based company's agents will now be a part of eXp, while the parent company merges with Good Life Capital in a bid to build an all-in-one platform
by Jim Dalrymple II May 1
UWM expands its Rocket rivalry into mortgage loan servicing
Long-term agreement with ICE Mortgage Technology will help nation's largest mortgage lender bring $242B loan servicing portfolio in-house, boost repeat business and referrals
by Matt Carter Apr 30
Mr. Cooper's servicing portfolio shrinks for the first time in 2 years
Nation's largest loan servicer turned an $88M Q1 profit and remains on track to be acquired by Rocket in Q4, a deal that's prompted United Wholesale Mortgage to cut ties to Mr. Cooper
by Matt Carter Apr 23
Sue Yannaccone reveals launch of new title venture 'Upward Title'
The Anywhere Brands chief reveals that her company is expanding a title venture, and she argues that consolidation and integration will dominate the real estate industry in the years ahead
by Jim Dalrymple II Apr 16
UWM and Google Cloud announce 'strategic' AI mortgage partnership
Nation's largest mortgage lender integrates AI and machine learning tools into its lending platform to streamline underwriting and document processing and provide chat support
by Matt Carter Apr 8
Rocket bucks tariff stock market selloff on prospects for growth
Lower mortgage rates could help lenders do more business, and investment analysts like Rocket's plans to acquire real estate brokerage Redfin and loan servicing giant Mr. Cooper
by Matt Carter Apr 4