The planned acquisition of REMAX Holdings by The Real Brokerage is set to reshape the residential real estate landscape, combining a fast-growing, cloud-based brokerage with one of the industry’s largest global franchise networks. Valued at roughly $880 million including debt, the deal will create a new holding company — Real REMAX Group — with more…
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Kevin Warsh, President Donald Trump’s nominee to serve as the 17th Federal Reserve chair, cleared the Senate Banking Committee on Wednesday in a 13-11 vote, moving him closer to confirmation before current Fed Chair Jerome Powell’s term expires May 15. Warsh’s advancement came just hours before the Federal Open Market Committee (FOMC) finishes its two-day…
Atlantic Avenue Mortgage remained the top broker and third-party originator of Home Equity Conversion Mortgages (HECMs) in February, according to the newest data published Tuesday by HECMWorld using data from Reverse Market Insight (RMI). The report tracks endorsements for HECMs, the federally insured reverse mortgage product backed by the Federal Housing Administration (FHA). The rankings…
As you wrap your mind around the consolidation deal, we’re making sure you have all of the information you need to navigate what comes next.