A homeowner is suing Bank of America and an appraisal firm for racial discrimination, the latest appraisal bias lawsuit against a major lender. Processing Content Darchelle Braxton, a Black woman, sued the businesses last week in federal court for violating the Fair Housing Act and the Equal Credit Opportunity Act in handling her mortgage application […]
Bank of America, appraiser sued for discrimination Read More »
Impac Mortgage Holdings is on the verge of going out of business, according to a new audit. Processing Content The Southern California–based mortgage firm revealed its dire situation via an independent audit from Baker Tilly published Friday to the over-the-counter Open Market exchange. Once regularly a billion-dollar originator, the company’s books today are upside-down, with
Impac Mortgage teeters on collapse amid audit, data breach Read More »
The market reaction to homebuilder earnings this spring has carried a clear message: scale, discipline, and positioning still matter. Where you choose to deploy them may matter even more. On Tuesday, Toll Brothers signaled its next move in that equation by announcing a deal to acquire substantially all the assets of Fayetteville-based Buffington Homes of
Toll Brothers expands luxury footprint with Buffington acquisition Read More »
D.R. Horton’s stock arc mapped a familiar story Tuesday. Of investor recognition. Of the power and primacy of no financial or operational surprises to the negative. Shares traded modestly higher on elevated volume following the company’s fiscal Q2 earnings release this morning, as investors processed a result that checked the right boxes: a beat on
D.R. Horton executed again, and smaller builders feel the squeeze Read More »
I recently got a question from Real Estate Writer Michele Lerner for Florida Realtor magazine that cut right to the chase of this technological moment: Can AI replace real estate agents? Here’s my answer: Not yet. And maybe not ever, but not because I’m anti-tech. Quite the opposite. I’m an early adopter. I love tools
Why AI is still a subpar real estate agent replacement Read More »
On April 6, 2026, four astronauts aboard NASA’s Artemis II mission did something no human being had ever done in the history of our species. They traveled 252,756 miles from Earth, shattering a record that had stood since 1970, when the crew of Apollo 13 was pushed to that distance not by triumph, but by
For years, real estate rewarded one thing above all else: activity. More calls. More showings. More emails. More hours. The assumption was simple: if you stay busy enough, the results will follow. But that equation is starting to break. Clients are more informed. Deals take longer. Expectations are higher. Time, not opportunity, has become the
Busy isn’t productive: How top real estate agents should actually allocate their time Read More »
Shareholder Michael Koblentz filed another lawsuit against Two Harbors Investment Corp. and its board of directors, alleging violations of the Securities Exchange Act tied to the company’s pending acquisition by CrossCountry Intermediate Holdco (CCM). Koblentz previously filed a similar suit targeting Two Harbors’ original merger agreement with UWM Holdings Corp. (UWMC), which was closed after
Two Harbors hit with shareholder lawsuit over CCM acquisition Read More »
The National Association of Realtors (NAR) released its first quarterly update on the 2026–2028 Strategic Plan on Tuesday, outlining early progress on initiatives tied to affordable housing, the Realtor brand and broker relationships. In the first quarter of implementation, NAR said it initiated about two-thirds of the projects outlined in the three-year plan, which was
NAR fine-tunes its 3-year plan, fast-tracking execution and trimming governance Read More »
Kevin Warsh, President Donald Trump’s nominee to serve as the 17th chairman of the Federal Reserve, faced sharp questioning from senators on Tuesday at his confirmation hearing. Warsh asserted that he would not be the president’s “sock puppet” when determining interest rate decisions. Warsh, a former Fed governor who served during the 2008 financial crisis,
Senate questions Warsh on $100M-plus holdings and Fed ethics Read More »