US new-home sales rose in March by more than forecast as the median selling price slid to a more than four-year low and builders offered incentives. Processing Content New single-family home sales increased 7.4% from February to an annualized 682,000 pace, the fastest this year, according to government figures out Tuesday. The median estimate in […]
New-home sales increased in March to fastest pace of year Read More »
Onity Group announced downscaled servicing-rights sales in its Finance of America agreement and reported a drop in earnings due to interest rate and delinquency-related pressures on Tuesday. Processing Content Net income to common shareholders was $7 million, compared with a S&P Capital IQ Pro consensus estimate of $17.8 million. Onity had earned $126 million in
Onity Group reduces scope of Finance of America pact Read More »
“Where’s the upside here?” That’s the question Steve Murray, the co-founder of RealTrends Consulting, keeps coming back to as the industry digests The Real Brokerage’s acquisition of REMAX — and it’s the same question investors appeared to answer swiftly. On the day of the announcement, Real’s stock plunged to $2.02 per share, with trading volume
Real-REMAX deal: complementary models or culture clash? Read More »