Mortgage & Economy

UWM is raising $1.65 billion in preferred equity, including $1.5 billion from Oaktree and $150 million from the Ishbia family, plus a $400 million rights offering.

Founded nearly 15 years ago, the acquired firm provides title services across Maryland, Virginia, West Virginia and Pennsylvania.

New York City administration officials took a stride toward spurring more office-to-residential conversions by expanding a long-term financing option used in clean energy construction. In late June, the city made embodied carbon eligible for financing under its Commercial Property Assessed Clean Energy program, known as C-PACE. Embodied carbon refers to emissions locked into a building’s…

Legislation would require HEIs to comply with the same disclosure and consumer protection requirements as many traditional mortgage loans.

According to the analysis, the largest gaps involved high-risk issues such as involuntary liens, where the issue fail rate exceeded 36%.

New York City’s regulated affordable housing sector is confronting a worsening financial squeeze, and a reckoning is coming unless solutions emerge, according to a new survey of owners, managers, lenders and other industry participants. The survey by affordable housing nonprofit NYC Housing Partnership found that 62% of respondents said operating costs have risen to unsustainable…

As earnings results wrap up for Q2 2026, here’s a rundown of what’s happened for major lenders, brokerages, homebuilders, listing portals and title firms.

[Editor’s note: This is part 2 of a 3-part HousingWire special series on the impacts of data centers in housing. Part 1 is here.] In 1998, when Steve Alloy succeeded his father, Martin, as president of Northern Virginia-based Stanley Martin Homes, buying land wisely was, as it is now, both a point of pride and…

Rocket Companies reported high second-quarter earnings on Thursday, driven by increased mortgage origination volume, servicing income and record market share gains in both purchase and refinance lending, even as the broader housing market remained challenging.