Mergers and Acquisitions

California-based LenderMac to acquire Direct Mortgage

Cypress, California-based LenderMac Holdco LLC has agreed to acquire Direct Mortgage Corp. in a move aimed at expanding its geographic footprint and building a multichannel mortgage platform, the companies announced Tuesday. Financial terms of the deal were not disclosed. “This acquisition represents an important step in our long-term growth strategy,” Kenneth Jo, CEO of LenderMAC, […]

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Lawmakers press DOJ on Compass-Anywhere merger review

Federal lawmakers are urging the Department of Justice (DOJ) to take a closer look at the closed $1.6 billion merger deal between Compass and Anywhere Real Estate. The effort is being led by Sen. Elizabeth Warren (D-Mass.) and Rep. Becca Balint (D-Vt.) with 16 other Democrats as co-signers. In a letter sent Thursday night and obtained

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Huntington Bank’s Carolyn Gorman on expanded mortgage footprint with Cadence, Veritex partnerships

Huntington Bank — which is poised to become a $280 billion institution after its acquisitions of Cadence Bank and Veritex Bank — is aggressively expanding its mortgage footprint across Texas and the Southeast while emphasizing a “partnership” culture over a traditional acquisition model. That’s according to Carolyn Gorman, the bank’s senior vice president and mortgage

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For Toll Brothers, disciplined execution beats market uncertainty

Today’s headwinds new-home market rewards homebuilding teams that do the hardest things the best. In that light, a glib explanation for Toll Brothers’ Q1 2026 performance would be to point to geography and demographics: a luxury buyer profile, higher incomes and lower sensitivity to mortgage rates. The harder – and more reality-grounded – explanation is

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Bachman Realty Group joins The Real Brokerage

The Real Brokerage has added Bachman Realty Group — a 65-agent team serving the Dallas–Fort Worth and Houston metro areas. Led by Tiffany and Greg Bachman, the team closed 650 transactions in 2025 totaling $245 million in sales volume, according to the company. The group joins Real from Fathom Realty. For the Bachmans, Real’s technology

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Union Home Mortgage brings on M&A veteran Renee Hildebrand

Union Home Mortgage (UHM) indicated a strong appetite for mergers and acquisitions by hiring Renee Hildebrand from Guild Mortgage to seek new opportunities, the company announced Tuesday. ​​The move comes a few years after the Strongsville, Ohio–based UHM, led by CEO Bill Cosgrove, acquired Amerifirst Home Mortgage. It also follows two additional acquisitions in 2025

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United Real Estate’s strategic position in the mega-brokerage era

For Dan Duffy, CEO of United Real Estate Group, the current market is not defined by disruption alone. It is defined by positioning — years of deliberate preparation colliding with a period of industry upheaval. “I have never been this excited about the next phase [of our company],” he said. “There’s never been as much

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Sumitomo Forestry buys Tri Pointe, resetting the arc of homebuilder scale

Within a couple of weeks of exactly this time two years ago, the lead-in to a blockbuster $4.9 billion M&A deal involving a Japan-based acquirer of a national public homebuilding enterprise practically wrote itself: “A top-five-ranked U.S. homebuilding company doesn’t happen overnight…. Except when it does.” That same lead applies to 2026’s supercharged kickoff in

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Long & Foster’s next chapter: Lacey Conway eyes growth, capture and consolidation

The past couple of years have been a whirlwind for industry veteran Lacey Conway. In the spring of 2024, her family firm Latter & Blum, of which she had been serving as CEO, was acquired by Compass, where she would later go on to serve as the executive vice president of mergers and acquisitions. Conway’s latest

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Mortgage M&A wave creates more mega-lenders

Terry Schmidt believes she surprised the mortgage industry. Schmidt, the director and CEO of Guild Mortgage Co., was referring to the June 2025 announcement that the company would be acquired by Bayview Asset Management. The transaction officially closed in November. “Many found that this was very surprising because we’ve been independent for so long,” Schmidt

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