Tensions between CoStar Group and activist investors at The D.E. Shaw Group intensified this week — with both sides issuing public statements defending their positions and criticizing the other’s. On Tuesday, D.E. Shaw accused the real estate data giant of mismanaging capital, eroding shareholder value and reducing transparency around its Homes.com venture. “The segment reorganization…
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Onity Group Inc. announced this week that it plans to rebrand its PHH Mortgage Corp. subsidiary as Onity Mortgage Corp., effective March 23, extending the company’s multiyear shift from the legacy Ocwen and PHH brands. The company disclosed the planned name change in a statement, saying that PHH Mortgage will become Onity Mortgage and align…
The housing market is poised for growth in 2026: existing home sales rose in February, purchase application data has been positive year over year every week in 2026 and our weekly Housing Market Tracker shows positive pending sales year over year. But several new variables might change this by pushing mortgage rates higher. Right now,…
The housing market is entering Spring trapped in a whirlwind of economic signals. Labor market data, massive geopolitical tension affecting energy prices and persistent inflation concerns all shape outlooks for housing demand and mortgage rates. For real estate and mortgage professionals advising buyers and sellers, the challenge is interpreting those signals without overreacting to short-term…