Mortgage Forward to acquire First Federal Bank’s TPO division

Mortgage Forward announced Friday that it has agreed to acquire the third-party origination (TPO) division of First Federal Bank, including QRL Financial, in a deal the companies say will expand Mortgage Forward’s national mortgage lending platform and broaden its product offerings. The companies confirmed that they have signed a definitive agreement for the acquisition, although the financial terms...

Iran War Torpedoes Spring Home Selling Season as U.S. Mortgage Rates Rise

The U.S. housing market lost momentum during the critical 2026 spring selling season as higher mortgage rates, economic uncertainty, and fallout from the Iran war combined to dampen buyer demand and discourage homeowners from listing their properties. According to Zillow's May 2026 Housing Market Report, both home sales and new listings trailed year-earlier levels during what is traditionally one of the...

Ten years after: Schaefer Homes revs up its engines for growth

After spending much of its first decade laying the groundwork for growth, Maryland-based Schaefer Homes emerged as the eighth-fastest-growing homebuilder by residential sales volume in HousingWire’s inaugural HousingWire Homebuilder Rankings.  Jim Schaefer, CEO of Schaefer Homes, founded the company in 2016 after several years in finance. Schaefer, a third-generation builder, initially operated the...

Berkshire Taylor Morrison deal puts vertical integration in focus

Berkshire Hathaway’s planned acquisition of Taylor Morrison has opened the door for us to explore a set of uber-themed questions: about homebuilders’ present and future valuations, leadership and scale, and to the question that public homebuilder boards may now be asking: whether to build toward greater scale or join it. A related question may be harder to answer, because it dwells in an...

NALHFA: HUD cuts would worsen housing affordability challenges

Affordable housing advocates are warning that proposed reductions to several key U.S. Department of Housing and Urban Development (HUD) programs could make it harder for communities to address persistent affordability challenges and expand housing supply. The National Association of Local Housing Finance Agencies (NALHFA), which represents state and local agencies that finance affordable housing...

Achieve expands fixed-rate HELOC with $700,000 cap

Achieve has expanded its fixed-rate home equity line of credit (HELOC) program, raising the maximum loan amount to $700,000 and lowering its lowest available annual percentage rate to 5.5% for qualified borrowers, the digital personal finance company said Wednesday. The changes, which took effect June 2, also increase borrowing flexibility by allowing qualified homeowners to access up to 90% of their...

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