Rocket pushes back debt exchange deadline amid Mr. Cooper deal

Rocket Companies has extended the deadline for investors to exchange debt issued by a Mr. Cooper Group subsidiary for the lender’s own paper — a step tied to its $9.4 billion acquisition of the competitor. The deadline moved from Sept. 2 to Sept. 30, still leaving enough time for the deal to close in the fourth quarter as planned. Rocket also signaled it may extend the deadline again until the...

Reverse mortgage production metrics took a tumble in August

Home Equity Conversion Mortgage (HECM) endorsements fell sharply in August, even as a handful of reverse mortgage lenders continued to dominate the market. The Federal Housing Administration (FHA) insured 2,062 HECMs in August, according to data compiled by New View Advisors that was released on Wednesday. That marked a 13% decline from July and the lowest monthly total since February. The slowdown...

RealTrends Verified mega team Noble Black & Partners returns to Corcoran

One of the nation’s top mega teams is returning to Corcoran. New York City-based Noble Black & Partners is returning to Corcoran after a 10-year stint at Douglas Elliman, according to an announcement on Wednesday.  Founded by Noble Black, he and his team are bringing a portfolio of $500 million in luxury listings across New York City and the Hamptons with them. The team will be affiliated with...

Pat Benatar and Neil Giraldo’s onetime Maui getaway is up for grabs

Pat Benatar and Neil Giraldo didn’t just make music together, they built a retreat that hits all the right notes. And now, their former oceanfront estate in Hana, Maui, is now up for grabs, priced at $4,995,000 and listed with Christopher Barca and Bradley Newton of Compass. The Grammy-winning duo custom-built this three-bedroom, four-bath home as a private getaway far from the spotlight. With 1.1...

7 Steps to a Stellar Shower Design (12 photos)

It’s totally normal to feel overwhelmed when you’re designing a new shower. There are many decisions involved, but once you know what to expect, the process will seem more manageable. Here are seven things to consider while you’re planning your new shower space....

30-Year Mortgage Drops to 6.56 Percent in Late August, Lowest Since October 2024

U.S. mortgage rates eased slightly this week, reaching their lowest level in nearly 10 months, a development that could provide some relief to homebuyers after two years of elevated borrowing costs. According to Freddie Mac's latest Primary Mortgage Market Survey, the average rate on a 30-year fixed mortgage slipped to 6.56% as of August 28, 2025, edging down from 6.58% a week earlier. While the decline is...

Premier Sotheby’s International Realty restructures North Carolina marketing team

Premier Sotheby’s International Realty has reorganized its North Carolina marketing support team — naming two specialists who will provide regional services to its agents. Hunter Parrish was appointed senior advisor marketing specialist for the firm’s Asheville and western North Carolina offices, including Banner Elk, Blowing Rock, Boone and Linville Ridge. Chris Krauss was named marketing...

Kuper Sotheby’s International Realty adds veteran agents in Austin, San Antonio

Kuper Sotheby’s International Realty has added two established real estate agents to its team in central and south Texas, the company announced Tuesday. Eric Copper joins the Austin office with more than 20 years of experience in luxury real estate. He previously served as a broker for Keller Williams, managing more than 1,600 agents and overseeing $1 billion in annual sales volume. Copper has...

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