Ex-GSE risk chief makes case for Fannie-Freddie merger

Clifford Rossi speaks from the vantage point of someone who has been inside the government-sponsored enterprises (GSEs). In different periods during the 1990s and 2000s, he served as a senior financial economist at Fannie Mae and as senior director of single-family risk management at Freddie Mac. Rossi was among the earliest advocates of merging the two mortgage giants, an idea that has gained traction...

Bonus Homes lands in Phoenix, unveils home equity release option

Bonus Homes, a real estate technology and investment firm, announced on Tuesday plans to open its headquarters in the Greater Phoenix area after raising $65.5 million in seed funding. A press release from the company said that the seed funding is from Solyco Capital, Redwood Trust, Nextview Ventures, Operate Ventures and Alpaca VC. With the funding, Bonus Homes said it will “scale its financial...

Tour 8 of L.A.’s wildest luxury mansions, priced from $40M to $165M

Los Angeles has long been the measuring stick for luxury real estate, and its current crop of $40 million-plus listings proves why. The city’s rarefied pockets of Bel-Air, Hollywood, Beverly Hills, and Pacific Palisades are home to some of the priciest real estate in the country, where even a $40 million budget can feel like an opening bid. Bel-Air alone holds two of the city’s most eye-popping...

Top 7 real estate websites with built-in school ratings and neighborhood data

Finding the right home isn’t just about square footage or curb appeal anymore, it’s about understanding the community around it. For many buyers, questions about school quality, neighborhood safety, and local demographics carry just as much weight as the price tag. Real estate websites have caught on, now weaving school ratings and in-depth neighborhood data directly into their listings. In this...

$1 Trillion in Data Center Development Underway Through 2030

North American Data Center Market Hits Historic Supply Crunch North America's data center colocation market is straining under unprecedented demand, with vacancy rates plunging to just 2.3%, according to JLL's North America Data Center Report - Midyear 2025. Total inventory has reached a record 15.5 gigawatts (GW), but capacity constraints and energy shortages are intensifying, even as the sector continues...

RE/MAX turns to Vic Lombardo to scale Motto Mortgage, wemlo

RE/MAX Holdings has appointed Vic Lombardo as its president of mortgage services. Lombardo will succeed Ward Morrison to oversee mortgage brokerage franchise brand Motto Mortgage and third-party processing solution wemlo, the company announced on Monday. Lombardo brings more than two decades of experience to the role. He most recently served as chief operating officer of Guaranteed Rate Affinity, the...

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