Author name: Ricky Vasquez

CrossCountry Mortgage launches dedicated builder division amid new-home surge

CrossCountry Mortgage (CCM) has launched a dedicated homebuilder division and made a “significant investment” in the new unit as it targets more business from builders and consumer buyers, the company announced Wednesday. The Cleveland-based lender said the expansion is meant to deepen relationships with builders nationwide and deliver loan products tailored to both builders and […]

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CoStar pushes back on activist investors’ reporting criticism

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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Congress nears a housing deal and the investor fight is inside it

Congress is closing in on a major housing legislation moment. The bipartisan 21st Century ROAD to Housing Act, now moving from the Senate to House reconciliation after overwhelming procedural votes, stands as one of the most serious attempts in more than a generation to confront America’s housing affordability crisis. With the ballast of provisions aimed at

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