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Author name: Ricky Vasquez

Offsite building faces scalability hurdles as Builders First Source expands

Affordability, Homebuilders, Residential Real Estate, Technology, The Builder's Daily /

Offsite construction is often hailed as the panacea for housing shortages and labor constraints. In practice, it faces the realities of a cyclical, regional business. Builders who buy these companies outright often end up tying capital to rigid factories that can’t flex with demand. Recent experiences at PulteGroup and Veev make this clear. Why is […]

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CoStar rebuffs D.E. Shaw, Third Point on Homes.com divestment

Andy Florance, Apartments.com, CoStar Group, Homes.com, HWmember, Real Estate, Technology /

The pressure of even more activist investors does not appear to be enough to cause CoStar Group to change its stance on Homes.com.  The Andy Florance-led firm responded to a letter sent by activist investors at D.E. Shaw & Co., LP. in a press release on Thursday, in which the company reiterated its commitment to

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GSE ‘IPO’ ready for 2.5-5% initial sale if Trump OKs: Pulte

Capital markets, Secondary markets, The Great American Mortgage Corporation /

Trump administration officials respectively said Wednesday that Fannie Mae and Freddie Mac are “definitely ready” for a stock offering within a certain range and a conservatorship exit is an eventual goal. Processing Content Federal Housing Finance Agency Director Bill Pulte told Fox Business News that the GSEs could stage a secondary sale of 2.5-5% equity

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FHFA goes ahead with repeal of Biden fair lending rule

FHFA goes ahead with repeal of Biden fair lending rule

Affordable housing, Fair Housing Act, FHFA, Regulation and compliance /

The Federal Housing Finance Agency is not making changes to its proposed repeal of the Biden Administration’s Fair Lending, Fair Housing and Equitable Housing Finance Plans regulation it first published for comment in July. Processing Content The rule is also identified as part 1293 and the current version was put into place in April 2024.

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CFPB implements new requirements for complaints on its portal

Consumer lending, Credit scores, Politics and policy, Regulation and compliance /

Key insight: The three credit bureaus — Equifax, Experian and TransUnion — say the complaint portal is being abused by third-party credit repair firms and AI bots. What’s at stake: Credit repair firms are using the CFPB’s complaint portal to try to remove accurate but negative information from credit reports. Supporting data: Credit reporting complaints hit

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ICE reports strongest mortgage revenue in over 3 years

Earnings, Industry News, Mortgage technology, Originations /

Profits for Intercontinental Exchange’s mortgage technology operations remained in the black for the third straight quarter, as the company touted its software adoption even as customers adjusted for recent slowdowns in volume.   Processing Content Revenues for the mortgage unit increased to approximately $532 million in the fourth quarter, increasing from $528 million in the previous

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Mortgage rates nudge higher as markets stay jittery

Housing markets, MARKETING TO BORROWERS, Mortgage Rates, Originations /

Mortgage rates rose again in the first full week following the Federal Open Market Committee’s decision not to reduce rates during its January meeting. Processing Content Following the meeting, Pres. Trump nominated Kevin Warsh, a former Fed governor, to replace Jerome Powell as chairman. Warsh is seen by the markets as someone who is more

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Rocket sues broker over repurchases in case involving UWM

Law and legal issues, Mortgage brokers, Originations, Rocket Mortgage /

Rocket Mortgage is suing a broker for originating loans for his customers with United Wholesale Mortgage days before the Detroit giant funded additional loans for those same borrowers. Processing Content The lender’s repurchase lawsuit, filed Tuesday in Michigan, does not accuse UWM of wrongdoing, nor does it name the company as a defendant.  The complaint

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Urban multifamily looks like the new subprime

Distressed, Multifamily, Secondary markets /

Enjoy complimentary access to top ideas and insights — selected by our editors.Want unlimited access to top ideas and insights? Subscribe Now During 2025, the normal caution that usually accompanies matters of finance was suspended. Many stocks and asset classes from AI to crypto tokens achieved lofty heights based upon less than realistic appraisals much

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