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Christy Soukhamneut on joining Stockton Mortgage as chief strategy and innovation officer

Stockton Mortgage recently announced that it has appointed Christy Soukhamneut as its new chief strategy and innovation officer. Soukhamneut brings more than 20 years of executive leadership experience across independent mortgage banks, banks and credit unions — including prior roles with University Federal Credit Union, Texas Capital Bank and Flagstar Bank. She continues to serve as...

Zillow says conspiracy, MRED and Compass say Zillow did this to itself

After exchanging post-hearing briefs late last week in their ongoing antitrust dispute, Zillow, Midwest Real Estate Data (MRED) and Compass filed replies to each others’ briefs on Monday.  In briefs filed last Thursday, Zillow alleged an “unlawful conspiracy” to cut off its access to Chicagoland listing data while defendants Compass and MRED countered that the company’s harm is...

UWM broker ultimatum tied to 5 bps price drop at rivals

United Wholesale Mortgage (UWM)’s 2021 move to bar its broker partners from also sending loans to Rocket Mortgage drove an average price decrease of 5 basis points per loan at companies not targeted by the policy, according to a new academic paper. The analysis, conducted by Spencer Stone of the University of Kentucky, looks at how an exclusivity provision affects competition when it blocks only some...

U.S. Homebuilders Welcome Landmark Housing Bill Into Law

The National Association of Home Builders (NAHB) hailed the recent enactment of the 21st Century ROAD to Housing Act, a sweeping bipartisan measure aimed at tackling the U.S. housing affordability crisis by cutting regulatory barriers, boosting supply, and expanding homeownership opportunities. The legislation, H.R. 6644, automatically became law on July 11, 2026, after President Donald Trump declined to...

Real Brokerage and REMAX set Aug 14 merger votes

Shareholders at both The Real Brokerage and REMAX will convene virtually on August 14 to vote on the proposed merger between the two firms, creating the Real REMAX Group. According to documents filed with the Securities and Exchange Commission late last week, Real’s shareholders will vote on the arrangement of the deal, while REMAX shareholders will vote on the merger as well as share issuance tied to...

Kogevinas Group joins Sotheby’s International Realty in Montecito

The Kogevinas Group has left Berkshire Hathaway HomeServices to join Sotheby’s International Realty – Montecito Brokerage, according to an announcement on Monday. Led by Nancy Kogevinas, the seven-member team was recognized as the No. 36 small team in the nation and the No. 13 small team in California in the 2026 RealTrends Verified rankings, based on 2025 production. The group closed $265.5...

Can mortgage rates survive hawkish Fed talk during inflation week?

It’s inflation week and the continuation of the Iran conflict has complicated how the 10-year yield and mortgage rates may react to the inflation data. Even though oil prices have fallen sharply, many Fed hawks haven’t said anything positive about that change. In fact, some have even gotten more hawkish, believing lower oil prices can be inflationary because people can spend more. So what will be...

Art Falcone on launching AmeriCraft Homes and building hospitality-driven communities

Art Falcone — a prominent real estate developer with more than 40 years of experience in developing single-family, multifamily, hospitality, mixed-use and retail properties — recently launched a new homebuilding venture, AmeriCraft Homes.  Falcone’s decision to launch a new homebuilding company during a down cycle reflects the contrarian strategy that has defined his career. “Historically,...

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