Keller Williams Realty has acquired Michael Lewis Marketing Suite (MLMS), a longtime marketing services partner that supports more than 130,000 Keller Williams-affiliated real estate agents and brokerages, the company announced Wednesday from the stage at HousingWire’s The Gathering. The Austin-based franchisor said the deal will bring MLMS fully in-house as part of its core marketing…
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Fannie Mae reported first-quarter 2026 net income of $3.7 billion on Wednesday, extending its streak of quarterly profits to 33 consecutive quarters as the government-sponsored enterprise (GSE) benefited from stable revenues, lower expenses and continued strength in its guaranty business. Fannie Mae reported that net income rose from $3.5 billion in the fourth quarter of…
Castlelake and Redwood Trust have formed a joint venture to purchase up to $8 billion of prime jumbo mortgages, the companies announced Wednesday. Under the partnership, Minneapolis-based asset manager Castlelake will gain programmatic purchasing power for fully documented prime jumbo loans, while California-based Redwood’s Sequoia platform will source, aggregate and perform due diligence on loans…
Mortgage applications decreased 1.6% from one week earlier, according to data from the Mortgage Bankers Association (MBA)’s weekly mortgage applications survey for the week ending April 24. On an unadjusted basis, the index decreased 1% compared with the previous week. The refinance index decreased 4% from the previous week and was 51% higher than the…