Outdated mobile homes that were built before the implementation of modern construction and safety standards in the 1970s can still be found across the country. Seniors living on fixed incomes often own these homes and don’t have a practical solution for replacing them. That’s where Bill Smith comes in. For the past decade, Smith — […]
Outdated manufactured home? This reverse LO could save the day Read More »
Treasury Secretary Scott Bessent is reportedly considering three more candidates for the next Federal Reserve chair: Vice Chairs Michelle Bowman and Philip Jefferson, and Dallas Fed President Lorie Logan. However, other candidates will be interviewed in the coming weeks, Bloomberg reported based on talks with two administration officials. Potential candidates include President Donald Trump’s economic advisor
Treasury eyes Bowman, Jefferson and Logan for Fed Chair Read More »
Noelle Nielsen, one of the women who claims to have brought the alleged sexual assault and harassment issues at eXp Realty to light back in 2020, is claiming that the company has retaliated against her, in a new lawsuit filed last Thursday. Filed in Minnesota District Court in the County of Hennepin, the suit names
Whistleblower in eXp sexual assault suit sues over alleged retaliation Read More »
Non-QM lender Acra Lending announced on Monday the appointment of Shawn Stone as chief executive officer. Stone succeeds Keith Lind, who transitions to Chairman of the Board. Stone, who brings over 25 years of executive experience in financial services to the role, most recently was CEO and board member at LendingPoint, an Atlanta-based online loan
Acra Lending appoints Shawn Stone new CEO Read More »
Guild Holdings Co., the parent company of Guild Mortgage, returned to profitability in the second quarter and posted a sharp rise in refinance recapture ahead of its proposed $1.3 billion sale to Bayview Asset Management. Guild reported net income of $18.7 million for the quarter, reversing a $23.9 million loss in Q1. Adjusted net income
Guild’s profit rebound and rising refi recapture bolster Bayview bid Read More »
The second quarter of 2025 was a bit of a mixed bag for the title insurance industry’s four largest players, which the “Big Four” attributed to a variety of factors including slower housing market conditions, legal expenses and weaker performances from their non-title segments. Stewart posts strong financial results The smallest of the Big Four,
Title’s Big Four post mixed-bag Q2 2025 results Read More »
A growing number of U.S. homeowners are finding their only property insurance option is their state’s last-resort program, according to a new report from the National Resources Defense Council (NDRC). Data shows extreme weather driving private insurers from high-risk areas and forcing premiums higher for everyone else. Last resort programs — known as Fair Access
Experts warn of ‘cycle of doom’ for last resort home insurance Read More »
The fix-and-flip market is showing signs of weakening, according to a Q2 2025 Fix-and-Flip market survey from Kiavi and John Burns Research & Consulting, released on August 7. The Burns and Kiavi Fix and Flip Market Index (FFMI) is based on a quarterly survey of about 400 fix-and-flippers nationwide. The index scale ranges from 0
Fix-and-flip market struggles in Q2 due to labor, material challenges Read More »
In tandem with its Q2 2025 earnings release, Blend Labs, Inc. announced that Jason Ream will join as the company’s Head of Finance and Administration. Ream, who has over 25 years of experience as a financial and operating leader in technology and software, previously served as the CFO of two public companies, SailPoint Technologies Holdings,
Blend Labs narrows Q2 losses, announces new head of finance Read More »
On Saturday, President Donald Trump shared an AI-generated image on Truth Social showing himself at the New York Stock Exchange with the phrases “MAGA LISTED NYSE” and “The Great American Mortgage Corporation,” dated November 2025. The post appeared to reference a Wall Street Journal report from Friday outlining Trump’s plan to make a stock offering
Fannie, Freddie merger buzz draws mixed market response Read More »