
Bill Ackman’s GSE proposal faces hurdles on capital, Treasury forgiveness
Bill Ackman’s plan to relist Fannie Mae and Freddie Mac faces skepticism over whether the federal government would be willing to forgive billions of dollars in senior preferred investments. Even if it did, uncertainties around capital requirements would still limit share value, according to analysts
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Back to homebuilding’s basics of doing more with less … faster
In today’s homebuilding economy—where interest rates whiplash buyer demand, costs remain stubbornly high, and affordability pressures crush margins—one truth grows clearer by the month: something’s got to give. That “something” may be the industry’s muscle-memory tolerance for inefficiency—its broke
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Unlock closes company record $303M HEA securitization
Fintech Unlock Technologies announced on Wednesday the closing of its sixth home equity agreement (HEA) securitization, issued and sponsored by Saluda Grade. The transaction securitized $303 million of HEAs originated and managed by Unlock, marking the company’s largest securitization to date and it
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Senate banking committee advances nominees to lead FHA, Ginnie Mae
The top leadership positions at Ginnie Mae and the Federal Housing Administration (FHA) have been empty for most of the past year, but the long wait to fill the seats may soon come to an end. On Wednesday, the Senate Committee on Banking, Housing and Urban Affairs advanced the nominations of Joseph
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Grand Rapids sellers reduce prices on 45% of homes, market moves faster than state
Nearly half of Grand Rapids, MI metro home sellers reduced asking prices during the week ending Nov. 14, 2025, while the market maintained its position as one of Michigan’s fastest-moving housing markets with homes selling 21 days quicker than the state average. The aggressive pricing strategy appea
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A rising threat to homeownership: How heirs’ property undermines affordable housing
A 2021 NPR podcast segment painted a picture of the American Dream turned Nightmare: a Louisiana family faced the loss of their five-generation-home that had been owned by the family’s great, great, great grandfather, Jacob Loud, who was formerly enslaved. That segment from four years ago is still
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Figure unveils industry-first blockchain stock offering
Figure Technology Solutions Inc. filed a registration statement on Monday with the Securities and Exchange Commission (SEC) for a proposed public offering of its Series A Blockchain Common Stock, marking the launch of the first blockchain-native public equity security. Figure‘s offering introduces s
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Beazer Homes shifts to move-up buyers, bets on energy efficiency
As major builders like D.R. Horton and Tri Pointe Homes trim new home starts to protect margins, Beazer Homes is taking a page out of Lennar’s playbook. Beazer’s Q4 earnings call reveals a builder determined to sustain a robust sales pace, even as it navigates a lower-margin reality driven by a spec
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PHH Mortgage will halt reverse originations, sell MSRs to Finance of America
Onity Group — the parent company of PHH Mortgage Corp. and its reverse mortgage arm, Liberty Reverse Mortgage — announced on Tuesday that the company has entered into a “strategic relationship” with Finance of America (FOA) to sell $9.6 billion in mortgage servicing rights (MSRs), among other agreem
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When land strategy meets AI: homebuilders gain a new edge
Strategic paralysis in a buyer-stuck market If land is the lifeblood of homebuilding, then today’s land strategy is a pressure test of a company’s core strength. But how do you act when the market offers no clear signal? After a chaotic four-year stretch of feast, famine, and fiscal policy shockwave
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Bright MLS to integrate ICE’s Paragon Connect platform
ICE Mortgage Technology and Bright MLS, the nation’s largest multiple listing service (MLS), announced that Bright will integrate ICE’s Paragon Connect MLS platform into its technology ecosystem as part of its long-term growth strategy. Paragon Connect is a mobile-first MLS platform designed to let
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Foreclosure activity up nearly 20% in October
ATTOM released its October 2025 U.S. Foreclosure Market Report, showing 36,766 properties with foreclosure filings — including default notices, scheduled auctions or bank repossessions — a 3% increase from September and more than a 19% increase from a year ago. October marked the eighth straight mon
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Is NAR’s move to allow non-Realtors MLS access a nothing burger?
Starting in January, local MLSs will have a lot more control over things like disciplinary actions and even who can access the MLS. These changes are the result of an 18-policy update approved by the National Association of Realtors’ (NAR) executive committee during the trade group’s NXT conference
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Senate Democrats demand GAO investigation into Pulte
A group of Senate Democrats has asked the Government Accountability Office (GAO) to investigate Federal Housing Finance Agency (FHFA) Director Bill Pulte and other employees over criminal referrals against several public figures as they seek to determine whether federal authority and resources were
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Jason Cao joins Tidalwave as COO
Tidalwave, an agentic AI mortgage technology startup integrated with Fannie Mae and Freddie Mac, recently announced the hiring of Jason Cao as chief operating officer. Cao, an early investor in Tidalwave two years ago, was most recently COO at CertiK, where he helped build it into a unicorn as the w
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Century 21 expands in central Florida
Century 21 Real Estate has expanded its presence in the Orlando metro area through the affiliation of Hancock Realty Group in Clermont. The move brings the Lake County brokerage — now operating as Century 21 Hancock — under the Century 21 banner as it marks its 10th year in business. Century 21 Hanc
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Oregon agents launch Christie’s International Real Estate Evergreen
A group of longtime top-producing Oregon real estate professionals has launched a new brokerage, Christie’s International Real Estate Evergreen, that marks the brand’s latest expansion on the West Coast. The firm is led by veteran broker Brian Pienovi, his son Andrew Pienovi and Patrick Clark, one o
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PulteGroup expands into Cincinnati market
PulteGroup announced plans to expand its Ohio operations, including an entry into the Cincinnati market. In a press release, Tony Barbee, PulteGroup’s North Area president, said that the company is well-positioned for success in Cincinnati due to its already established presence in the state. “Thi
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Berkshire exits D.R. Horton, adds to Lennar — what it means for homebuilders
While headlines scream that Berkshire Hathaway has taken a $4-plus billion position in Alphabet, a quieter, “closer-to-home” move slips into the latest 13F filing. In the same quarter that Berkshire built its stake in Google’s parent, it closed out its position in D.R. Horton and added to its stake
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Fathom Holdings reports 38% revenue growth, ancillary service expansion
Fathom Holdings is leaning into expansion, agent productivity initiatives and stronger ancillary service performance — reporting double-digit growth across its core operations in the third quarter. Revenue rose 38% year-over-year to $115.3 million, while agent count climbed 24% and transactions incr
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