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CrossCountry raises bid for Two Harbors after rival offer from UWM

UWM Holding Corp. may not win the bid to acquire Two Harbors Investment Corp., but an unsolicited proposal for the real estate investment trust just forced CrossCountry Intermediate Holdco to raise its offering. Two Harbors announced Tuesday that it amended its merger agreement to increase the all-cash price CrossCountry will pay to $11.30 per share. […]

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The Gathering: Sue Yannaccone says scale can be a ‘super power’ as brokerages consolidate

As the real estate brokerage space continues to consolidate, creating large national firms with massive scale, critics have claimed this move will lead to a homogenization of formerly disparate brands.  However, Sue Yannaccone, who was recently promoted to chief operations officer of Compass International Holdings (CIH) the parent company of Compass, @properties, Christie’s International Real

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The Gathering 2026: Mortgage execs debate the hidden risks of credit score reform

Mortgage industry executives say the shift to new credit score models and lender choice could raise mortgage delinquencies, reshape pricing grids at the government-sponsored enterprises (GSEs) and ultimately push costs back onto borrowers, even if the costs for scores fall on the front end. U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner

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Bill targets Social Security earnings limits as retirement trends shift

A proposal in Congress to eliminate a rule that reduces Social Security benefits for working retirees comes as more Americans rethink what retirement looks like and opt for flexible, phased transitions instead of a hard stop. The Senior Citizens’ Freedom to Work Act, introduced by Sen. Rick Scott (R-Fla.) and Rep. Greg Murphy (R-N.C.), would

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Reside outlines growth strategy at first event since acquisition

The recent Reside Oceanside Mastermind Conference in Florida marked the first major in-person gathering for the brokerage-agnostic coaching platform since it was acquired by Robert Palmer — who leads LPT Realty and its parent LPT Aperture Holdings. Attendees included team leaders, coaches and brokerage operators from across the U.S. and Canada. Palmer, who announced the

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LPT Realty’s Robert Palmer on growth, mortgage independence

LPT Realty founder and CEO Robert Palmer took the stage Tuesday at HousingWire’s The Gathering in Austin, Texas — outlining growth strategy built on team empowerment, agent retention and a deliberate separation from mortgage origination. Palmer, who spent roughly 20 years in the mortgage business, has made a pointed decision not to attach a mortgage

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HUD rescinds FHA, USDA energy efficiency rule for new homes

U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner said the agency is rescinding energy-efficiency requirements tied to loans backed by the Federal Housing Administration (FHA) and U.S. Department of Agriculture (USDA). Turner announced the move Tuesday at HousingWire’s The Gathering in Austin. A 2024 rule under the Biden administration had made new

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Case-Shiller: Home price growth remained slow in February

The S&P Cotality Case-Shiller Home Price Index rose just 0.7% year-over-year in February, down from 0.8% in January. For the ninth consecutive month, inflation outpaced home price appreciation. Consumer prices rose 2.4% — leaving any housing gain deep in negative territory in real terms.  Chicago led all Case-Shiller metros at 5.0% annual growth, followed by

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The Gathering: AI opportunities and risks for mortgage lenders

Artificial intelligence is poised to reshape mortgage lending operations and consumer engagement while also raising concerns about workforce disruption across the industry, two mortgage executives said during a panel discussion at HousingWire‘s The Gathering in Austin. Speaking at the event on Tuesday morning, Patty Arvielo, CEO and co-founder of New American Funding (NAF), and LaTasha

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Smart home technology continues to emerge as key tool for aging in place

A rapidly aging U.S. population is accelerating demand for smart home technology that allows older adults to remain in their homes longer. Financing options, including the tapping of home equity, are emerging to help pay for it. Roughly 11,000 Americans turn 65 each day and about one in four U.S. residents is now at least

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