FHFA Director Bill Pulte said Friday that Fannie Mae and Freddie Mac will remain in conservatorship, but that the government would seek to sell up to 5% of their shares. Pulte made the remarks at the ResiDay conference in New York City, according to posts on X by ResiClub Co-founder Lance Lambert. Lambert quoted Pulte as saying: “I anticipate that the president will make a decision either this...
Trump on Saturday posted an image on social that seemed to suggest he would be proposing 50-year mortgages, something FHFA Director Bill Pulte confirmed shortly after on X. The image Trump posted on Truth Social features a head shot of President Franklin Delano Roosevelt under the title 30-year mortgage, and his own head shot under a title of 50-year mortgage. Pulte then replied: “Thanks to President...
Lighting isn’t just functional, it’s a defining element of interior design. At the fall 2025 High Point Market in North Carolina (Oct. 25-29), designers and manufacturers showcased fresh takes on natural forms, earthy materials, artisanal craftsmanship and cutting-edge technology, all while...
Title and real estate services company Stewart Information Services Corp., owned by SISCO Holdings, has entered into an agreement to acquire the mortgage services of property preservation provider Mortgage Contracting Services (MCS) for $330 million. The transaction, announced Friday, expands Stewart’s suite of services in the property preservation arena, which supports default servicing, while...
Two Maryland-based retail mortgage lenders struck an M&A deal this week as NFM Lending has agreed to acquire Homespire Mortgage, the companies confirmed on Friday. The financial terms were not disclosed. With the acquisition, Linthicum-based NFM will expand its presence along the East Coast, while Homespire will gain access to new growth opportunities amid a challenging market for smaller mortgage...
Opendoor’s recently appointed CEO Kaz Nejatian used the firm’s third-quarter earnings call with investors and analysts to introduce himself and reintroduce the company he has been tasked with turning around. “I’m a computer nerd turned lawyer, turned founder, but I think of myself primarily as a product manager,” Nejatian said during Thursday evenings call. “That’s what I’ve spent most...
Picture this: a Realtor® walks into a new-home sales office, client in tow, ready to collaborate. The builder’s rep glances up from the desk, wary smile in place. Both sides want the same thing — a sold home — but the air crackles with tension. That moment, repeated across the country, defines one of housing’s longest-running love-hate relationships. According to new research from 1000WATT,...
The Real Brokerage and its former chief financial officer Michelle Ressler have reached a settlement agreement in the lawsuit Ressler filed in early June 2025. Filed in the U.S. District Court for the Southern District of New York, the lawsuit claims that Real orchestrated Ressler’s termination under false pretenses and replaced her with a less qualified male employee. In the suit, Ressler, who was...
A newly completed tropical modern on Miami Beach’s exclusive Sunset Islands has just hit the market for $17,999,000 — and it might just get you to start scribbling down some home inspo notes. Set within one of the city’s most sought-after guard-gated waterfront enclaves, the home was designed in collaboration by Sunlight Homes and Preschel Bassan Studio, with interiors by Tamara Feldman. The...
Behind a discreet gate in the heart of Manhattan’s Upper East Side lies one of New York’s best-kept secrets: Jones Wood Gardens — a private, shared oasis known only to a handful of homeowners. Among them is 157 East 65th Street, a fully renovated $11.95 million brownstone that quietly opens onto this hidden green sanctuary, accessible to just 12 addresses in all of Manhattan. This 19th-century...
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