Author: Michael Gersitz

The transition of three veteran sales executives from South Carolina-based lender Movement Mortgage to its California competitor Summit Funding led to a legal battle over poaching.  HousingWire reported in July hat Movement’s national sales director Deran Pennington, leader of the South and Central division

Housing starts surprised in October. They rose to a seasonally adjusted annual rate of 1,372,000, the highest in three months, according to the U.S. Department of Housing and Urban Development and U.S. Census Bureau data. It’s a 1.9% gain from

New York-based Rithm Capital, the parent company of Newrez, announced on Friday it completed the acquisition of Sculptor Capital Management for $719.8 million.  The deal was made public four months ago and created a dispute among investors to take the firm, leading Rithm to increase

Nearly four months after filing a motion for summary judgment in the Nosalek commission lawsuit, HomeServices of America finally has a response back from the plaintiffs. As expected, the plaintiffs are in opposition to HomeServices’ motion, stating that HomeServices’ claim

New findings from the National Association of Realtors (NAR) show a fresh picture of who’s buying and selling homes, with more first-time buyers entering the market and families looking for homes that fit multiple generations. Zillow’s 2023 Consumer Housing Trends Report finds