REMAX Holdings headquarters could shift from Colorado to Florida under an $880 million acquisition by The Real Brokerage announced Monday. The companies are set to combine under a new entity — Real REMAX Group — bringing together REMAX’s global franchise network and brand with Real’s AI-driven, cloud-based platform. The transaction calls for integrating REMAX’s Denver…
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The pending acquisition of Two Harbors Investment Corp. would allow CrossCountry Intermediate Holdco to build the “perfect mortgage company” in the vision of founder Ron Leonhardt. “It actually allows us to control the borrower experience from start to finish,” Leonhardt said on stage during HousingWire’s The Gathering in Austin on Wednesday. “We are pot committed.”…
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…
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…