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 sports franchise after Mat Ishbia acquired the Phoenix Suns and Phoenix Mercury in early 2023 for a...
In the ongoing lawsuit between two leading reverse mortgage lenders over allegations of improper advertising practices, both parties recently conferred in front of a magistrate judge, but did not reach a settlement. That’s according to the court docket reviewed by HousingWire’s Reverse Mortgage Daily (RMD). The lawsuit between Longbridge Financial and Mutual of Omaha Mortgage continues to play...
This New England couple bought their Grand Cape-style house knowing they’d eventually remodel the dated kitchen. The parents of three daughters thought the overall layout worked, but they disliked the visually heavy aging wood cabinets and awkward two-level island. They wanted something light and...
In today's competitive commercial real estate market, tenants navigating the leasing process have a powerful -- and often overlooked -- ally at their disposal: the Tenant Representative. According to Jeff York, CEO of York Property Company in Dallas, Texas, Tenant Reps provide significant value by acting as dedicated advocates who guide tenants through every phase of securing the right space. Jeff...
Image Werner says REITs screen attractive today, especially on a risk-adjusted...
In a bold play to redefine how real estate is discovered on a global scale, World Property Markets -- a portfolio company of Miami, FL-based World Property Ventures -- has announced the development of a groundbreaking new real estate industry-focused AI search engine: WORLD PROPERTY SEARCH. Slated for launch next year, WORLD PROPERTY SEARCH is being positioned as the world's first AI-powered, multilingual...
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 brokerage. She closed $91 million in volume during a peak year and finished 2024 with $65 million...
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 Realtors naming Goby Homes founder Terrence Nickelson its 2025 iOi Innovator of the Year. Nickelson...
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 — Prudent AI’s system reviews key borrower data such as income, credit and assets at the point of...
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 Mutual Mortgage Insurance (MMI) Fund. According to the data — detailing the U.S. Department of...
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