CrossCountry raises bid for Two Harbors after rival offer from UWM

UWM Holding Corp. may not win the bid to acquire Two Harbors Investment Corp., but an unsolicited proposal for the real estate investment trust just forced CrossCountry Intermediate Holdco to raise its offering. Two Harbors announced Tuesday that it amended its merger agreement to increase the all-cash price CrossCountry will pay to $11.30 per share. The price is up from $10.80 per share under the...

The Gathering 2026: Mortgage execs debate the hidden risks of credit score reform

Mortgage industry executives say the shift to new credit score models and lender choice could raise mortgage delinquencies, reshape pricing grids at the government-sponsored enterprises (GSEs) and ultimately push costs back onto borrowers, even if the costs for scores fall on the front end. U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner and Federal Housing Finance Agency...

Bill targets Social Security earnings limits as retirement trends shift

A proposal in Congress to eliminate a rule that reduces Social Security benefits for working retirees comes as more Americans rethink what retirement looks like and opt for flexible, phased transitions instead of a hard stop. The Senior Citizens’ Freedom to Work Act, introduced by Sen. Rick Scott (R-Fla.) and Rep. Greg Murphy (R-N.C.), would repeal the retirement earnings test. That provision reduces...

$400M Beverly Hills megamansion sets record as the most expensive home ever listed

A new benchmark has just been set at the very top of the global real estate market. A Los Angeles estate asking $400 million has officially become the most expensive residential property ever publicly listed, resetting expectations for what a single-family home can represent in terms of scale, cost, and ambition. Represented by Jack Harris and Michael Fahimian of The Beverly Hills Estates, the...

Which Window Treatment Should You Choose? (9 photos)

When it comes to deciding how to dress a window, there’s more to consider than just how to control light or provide privacy. Do you want the window treatment to be a design focus for the room or an inconspicuous neutral element? What is the architectural style of your home and do you want to...

How Northeast Weather Patterns Are Accelerating Exterior Repair Demand

The Northeast isn't weathering storms the way it used to. Nor'easters hit harder and stick around longer, hail shows up in months it didn't used to show up in, and freeze-thaw cycles have grown more erratic since 2015. Homeowners are noticing. So are contractors, whose call volumes now track weather events almost in real time, with a lag of maybe forty-eight hours. That pressure landed on a housing stock...

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