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Author name: Ricky Vasquez

Estridge launches 345-acre Millbrook MPC in West Lafayette

Construction, homebuilder, HWmember, Marketing, Marketing & Sales, Residential Real Estate, The Builder's Daily /

WEST LAFAYETTE, Ind. – Estridge Homes has broken ground on Millbrook, a 345-acre master-planned residential and mixed-use community in West Lafayette that will bring more than 1,000 new for-sale and rental homes to one of Indiana’s most active university growth corridors, the company announced. According to the April 28 announcement, Millbrook is planned for approximately […]

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MoxiWorks expands AI platform to enhance follow-ups, marketing

Artificial Intelligence, Home Sales, HWmember, MoxiWorks, Real Estate, Real Estate Agents, Real Estate Marketing, Technology /

MoxiWorks has released new updates to its artificial intelligence (AI)-powered RISE platform — designed to help real estate agents manage client relationships and improve follow-ups. Changes expand the platform’s ability to combine marketing outreach and transaction execution into a single workflow for brokerages, teams and individual agents. A new feature called Top 5 Contacts identifies

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Better is deep in the red despite origination, revenue gains

Better.com, Earnings /

Better Home & Finance remains squarely in the red, but executives remain adamant the company will hit a long-promised benchmark this year.  Processing Content The lender recorded quarterly and annual growth in revenue and originations but still posted a $70 million net loss for the first quarter, it said Thursday. That mark includes a $20.9

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Zillow drops as profit view misses on legal, ad costs

Earnings, Housing markets, Zillow /

Zillow Group Inc. shares dropped as much as 9% in post-market trading on Wednesday after the company forecast second-quarter profit that missed Wall Street expectations, citing legal and advertising expenses and a flat housing market. Processing Content The online real estate marketplace sees second-quarter adjusted earnings before interest, taxes, depreciation and amortization in a range

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Is private credit a new risk for the Federal Home Loan banks?

FHLB, Liquidity, Nonbank, Politics and policy, Regulation and compliance /

Key insight: Insurance company borrowing from the Federal Home Loan banks hit a record $177.8 billion last year, a 10% jump from borrowing levels in 2024, which itself was a 13% increase over 2023. What’s at stake: Insurers are utilizing “spread investing” programs to secure low-cost cash advances from the system and reinvest into higher-yielding

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Fannie Mae’s portfolio surge is the biggest in over a decade

GSEs, Mortgage Rates, Mortgages, Secondary markets, The Great American Mortgage Corporation /

Fannie Mae has reported a jump in its retained portfolio size that investment professionals at Rithm have recently noted is the largest seen since the Great Financial Crisis. Processing Content The government-sponsored enterprise retained a combination of loans and mortgage-backed securities totaling nearly $168.74 billion in March, up considerably from the previous month’s $150.39 billion.

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Bank fights Fed to offer cash guarantee mortgages

Federal Reserve, Originations, Regulation and compliance /

A bank is fighting the Federal Reserve Board of Governors to roll out a loan program involving real estate purchases that the lender says it needs to compete with local independent mortgage banks.  Processing Content Upstate New York-based Canandaigua National Corp. is contesting the Fed Board’s decision in the 2nd U.S. Circuit Court of Appeals,

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The highest paid mortgage executives in 2025

CAREER & COMPENSATION, Earnings /

Compensation for leaders at publicly traded mortgage giants wavered last year, although a few executives received massive stock awards. Rocket Cos. CEO Varun Krishna led the field with $52.9 million in total compensation in 2025, according to the company’s annual report. Like his peers however, the majority of his earnings came in stock-related awards, although

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Underwater mortgage rate hits 4-year high mark

Distressed, Home equity loans, Housing markets, Servicing /

U.S. home equity levels pulled back to start the year, with the number of underwater mortgages now at its highest point since early 2022, according to real estate data platform Attom.   Processing Content The share of seriously underwater properties across the U.S. increased to 3.2% in the first quarter, Attom researchers said in a new

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HomeServices names Jason Waugh as next HSF Affiliates CEO

Berkshire Hathaway, Brokerage, HomeServices of America, HWmember, People Movers, Real Estate /

HomeServices of America has named industry veteran Jason Waugh as successor to HSF Affiliates CEO Vince Leisey, with a leadership transition expected to begin in 2027, the company announced Wednesday. HSF Affiliates is the franchisor of the Berkshire Hathaway HomeServices real estate network, which has been in expansion mode in recent years as large brokerage

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