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WORLD PROPERTY VENTURES: The ‘Anti-VC’ of Real Estate Plans Major Capital Raise

Miami, FL-based WORLD PROPERTY VENTURES (WPV), a global real estate technology development company, is preparing to launch a $100 million capital raise under SEC Regulation D Rule 506(c) in the coming months, according to founder Michael Gerrity. Michael Gerrity Positioned as the "Anti-VC" of the global real estate industry, WORLD PROPERTY VENTURES develops, funds, and scales proprietary platforms and...

TransUnion: Mortgage, home equity lending grow despite high rates

Mortgage originations and home equity lending both increased in the second quarter despite elevated interest rates and home prices, according to TransUnion’s Q2 2025 Credit Industry Insights Report. Originations rose 5.1% year over year, driven largely by a rebound in refinancing. Rate-and-term refinances climbed 44% and cash-out refinances increased 15%. Home equity originations posted their...

Mosaik expands reach with three real estate partnerships

Mosaik — a real estate client experience platform — has launched three new collaborations aimed at bringing its technology to a wider network of agents, brokerages and associations. The company has joined the Solutions Group preferred vendor program of Leading Real Estate Companies of the World (LeadingRE). It also entered into an exclusive agreement with the Williamson County Association of...

NEXA Mortgage hires Eric Mitchell to help boost LO count

In its quest to bring its loan officer count up to 5,000, NEXA Mortgage announced Thursday that it has brought on Eric Mitchell to assist with its goal. Mitchell will serve as a “key hire” recruiting partner for NEXA, newly appointed chief operating officer Jason duPont said in an interview with HousingWire. “We have where people can become executive partners, and all that means is they...

Future unveils Alpha, an in-house AI mortgage system

A small fish in the pond of fintech-focused mortgage companies is trying to race to the front in the artificial intelligence arms race. And it’s not using a typical ChatGPT-style program either. Future Technologies CEO Blake Bianchi announced on Thursday that the company is launching a full-stack, proprietary AI system that promises to automate the mortgage process. Future has been working on the...

Shareholder Edge One Capital proposes Fannie-Freddie exit without higher rates

Edge One Capital has disclosed its stake in Fannie Mae and Freddie Mac, calling the government’s prolonged control of the mortgage giants the “largest shareholder rights violation in U.S. history.” It’s also proposing a road map to return them to private ownership without the consequence of higher mortgage rates. The Raleigh, North Carolina–based investment firm’s announcement comes as the...

This $5.99M Spanish villa in Glendale was the city’s first historic home — and Mario Lopez lived here

The first home ever added to Glendale’s historic registry — a gorgeous 1929 Spanish Revival estate once owned by TV personality Mario Lopez — is back on the market for $5,995,000. Known as Lorelei, the hillside property was designed by Peter Damm, the inventor of the armored car. Perched high above the city with sweeping 380-degree views, the home blends Old Hollywood pedigree with a decade of...

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