Justin Ishbia strikes deal to buy Chicago White Sox

Private equity billionaire Justin Ishbia, the brother of United Wholesale Mortgage CEO Mat Ishbia, has reached an agreement to acquire the Chicago White Sox from longtime owner Jerry Reinsdorf, Sportico reported on Thursday.This would give the Ishbia family ownership of a second major professional s

How can senior living challenge aging in place preferences?

As it has grown more popular for older people to choose to age in place in their existing homes, this has become a challenge for the senior living industry. While dedicated senior living facilities can offer a sense of community and enticing amenities, the cost may often be out of reach for many pot

Democrats put housing front and center in NYC mayoral debate

With the next race for the mayor of America’s largest city in full swing — and as a city that has consistently elected Democrats for the position for much of the past century — the first Democratic primary debate for the 2025 election was rife with attacks and sweeping policy promises.Nine candidate

The 5 best mortgage loan originator (MLO) license courses for 2025

Before you’re allowed to help people finance their dream homes, you must get the proper education to obtain your MLO license. Online mortgage schools have made it easier to complete your education requirements, you just have to decide the best option for you. It’s important to consider your own lear

Blue Sage Solutions adds rent payment data to Freddie Mac mortgage assessments

Blue Sage Solutions has integrated Freddie Mac’s new policy on positive rental payment history into its digital lending platform, allowing lenders to factor on-time rent payments into mortgage applications.The change comes as part of a broader effort to expand access to homeownership, particularly f

Separating fact from fiction five years after the ‘flight to the suburbs’

The onset of COVID-19 pandemic in March 2020 set off a wave of domestic migration that reoriented housing markets across the country, turning some metro areas into boomtowns and sinking a number of others.The prevailing narrative around this phenomenon took on a life of its own — a mass exodus from

Goby Homes launches property transaction platform, founder honored by NAR

Real estate technology startup Goby Homes has launched a new platform aimed at increasing transparency, security and communication in residential real estate transactions, the company announced during the 2025 Realtors Legislative Meetings.That announcement coincided with the National Association of

Top-producing California agent joins eXp Realty

Costanza Genoese Zerbi — a nationally recognized real estate agent and founder of Long Beach, California-based Costanza Genoese Zerbi & Associates — has joined eXp Realty, the company announced Tuesday.Zerbi, a veteran agent with nearly a decade of experience, brings a strong sales record to the bro

Home-price growth at decade low, Florida markets lead declines

Home-price growth in the U.S. fell to its lowest rate in more than a decade this April, according to the latest data from Cotality.Weighing on the market were continued concerns about the economy, including job stability, inflation and possible tariff impacts — all contributing to sluggish buyer dem

White House expects reverse mortgages to continue producing government receipts

Following last month’s release of the so-called “skinny budget” from the White House, the Office of Management and Budget (OMB) has released a 1,200-plus page appendix for the proposal. It includes projections related to the performance of the Home Equity Conversion Mortgage (HECM) portion of the Mu

Prudent AI debuts non-QM underwriting tool

Prudent AI — a California-based financial technology company — has released what it calls the first upfront automated underwriting system (AUS) designed specifically for non-qualified mortgages (non-QMs).Unlike traditional AUS tools — which assess loan eligibility later in the mortgage process — Pru

TCB’s appeal against Ginnie Mae over reverse-backed collateral will proceed

Following its vow to appeal the initial decision in a case brought against Ginnie Mae over rights to reverse mortgage-backed collateral stemming from the collapse of a major industry lender, filings by Texas Capital Bank (TCB) have been docketed and assigned a case number in the Fifth Circuit Court

Coldwell Banker Premier enters Florida market through merger

Coldwell Banker Premier has expanded into Florida through a merger with Coldwell Banker Envision Real Estate, marking the firm’s first office in the state.The company will now offer its full suite of services — including listing programs, marketing tools, and property and association management — to

Partner Real Estate launches instant offers platform

California-based Partner Real Estate has introduced a new technology platform aimed at speeding up home sales and expanding options for agents and homeowners.The company’s Instant Offers Exchange (IOX) allows sellers to receive multiple competitive cash offers within minutes without committing to a

Robert Reffkin touts Compass’s AI platform, agent advocacy efforts

Details regarding Compass‘s soon-to-be-released artificial intelligence (AI) platform were shared by CEO Robert Reffkin during a company retreat this week.“We continue to invest over $100 million in technology every year, building more and more tools that can help you stand out and run a better busi

House Financial Services chair calls for federal investigation into Little Rock Housing Authority

Citing a series of missteps made despite the oversight and U.S. Department of Housing and Urban Development (HUD) action plans, the chairman of the House of Representatives‘ Financial Services Committee is calling for a federal investigation into the housing authority of Little Rock, Arkansas.Rep. F

REALTORS® Help You Bring It Home

REALTORS® are your trusted partner in a real estate transaction. Here are a few of the countless ways that members of Texas REALTORS® support you when you buy, sell, or lease real estate.REALTORS® offer expert guidance: They bring unmatched knowledge and experience to every step, helping you make in

Mortgage rates aren’t hampering millennials’ homebuying interest

Millennials are the only generation showing increased interest in buying a home in the next six months, according to a new survey by Realtor.com.The survey, conducted this spring, found that 23% of millennials plan to buy a home, up from 15% in September 2024. By contrast, 69% of Americans across al

Mat Ishbia: GSEs acting ‘private’ in conservatorship could be best of both worlds

Mat Ishbia, the president and CEO of United Wholesale Mortgage (UWM), said last week he doesn’t think that releasing Fannie Mae and Freddie Mac from conservatorship is a major focus for the Trump administration — and he isn’t sure “whether it should be.” One thing he is confident about: If ending th

Top Florida real estate team joins Compass

The Tinka Ellington Group — a prominent real estate team specializing in coastal and waterfront properties in South Florida — has joined Compass.Led by Ellington, the group has closed more than $254 million in sales and brings 25-plus years of combined real estate experience. The seven-member team s