Mortgage & Economy

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.

A coalition advocacy organizations is warning that proposed changes to federal lending rules could leave consumers vulnerable.

ENRG. Realty, founded by Erinn and Peter Nobel, is in 16 states and uses revenue share and equity awards without prioritizing recruiting.

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.

U.S. homeowners hold $35 trillion in home equity, with many locked into low mortgage rates or facing strict income requirements.

As the US approaches its 250th anniversary, the column argues housing is central to economic opportunity, citing 12 million renters paying over 50% of income on rent and utilities. It highlights the 21st Century ROAD to Housing Act and urges funding for home repair and starter home financing programs.

New York City homeowners sued the city and Mayor Zohran Mamdani on Friday, challenging how officials rolled out the so-called pied-à-terre tax on high-value homes. The lawsuit does not dispute the underlying tax. Instead, the owners argue the rollout swept in thousands of primary residences that should not owe the surcharge. Mamdani warned owners of…

I first saw the production logic in Columbus. M/I Homes later paired a similar discipline with Texas talent, southern scale and national capital. I first encountered M/I Homes indirectly when I joined Brian Esher and his merry band of SWAT team members at STORM Consulting, where we worked on behalf of Silver Point Capital. I…

Smith Douglas Homes grew Q2 closings 25% year over year and new home orders increased 32%, but gross margin fell 560 basis points as incentives rose and prices fell.