"April 2026" Archives

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Southern Impression Homes delivers first Texas community

Southern Impression Homes, a Florida-based build-to-rent (BTR) homebuilder, just cemented its expansion into the Lone Star State, having recently delivered the initial phase of its first community in Texas.  The expansion reflects a clear indicator of where structural demand is heading. The growth story in Texas, marked by strong population growth and economic expansion, is…

Newrez sticks to pricing discipline, lifts Q1 earnings even as mortgage volume falls 18%

Newrez delivered a higher first-quarter 2026 profit while holding to a “pricing discipline” strategy amid intense mortgage competition, helping parent company Rithm Capital post stronger results for the period.  The multichannel lender and servicer reported pretax operating income of $273.7 million in Q1 2026, up from $249.1 million in Q4 2025, according to filings with…

Michigan lawmakers unite behind redevelopment tax credit plan

A coalition of community organizations, economic development leaders and housing advocates across Michigan is backing bipartisan legislation aimed at revitalizing vacant, blighted and historic properties statewide. The proposal — a package of State Senate and House bills — would create a Community Redevelopment Tax Credit (CRTC) to attract private investment and support redevelopment in downtowns,…

Patty Arvielo, LaTasha Waddy outline AI opportunities and risks for lenders at The Gathering

Artificial intelligence is poised to reshape mortgage lending operations and consumer engagement while also raising concerns about workforce disruption across the industry, two mortgage executives said during a panel discussion at HousingWire‘s The Gathering in Austin. Speaking at the event on Tuesday morning, Patty Arvielo, CEO and co-founder of New American Funding (NAF), and LaTasha…