Author name: Ricky Vasquez

Brokers say it’s ‘business as usual’ with UWM despite loss, capital raise 

Mortgage brokers working with United Wholesale Mortgage (UWM) say it remains “business as usual” following the lender’s second-quarter loss and a multibillion-dollar capital raise, with no noticeable impact so far on day-to-day loan production. The Pontiac, Michigan-based wholesale lender reported last week that it lost $451.9 million in the second quarter, driven largely by a […]

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How Taylor Morrison tracks one division’s offsite component gains

Battling soft margins, dicey demand and chronic labor shortages, can homebuilders leverage a pivot to factory-built components as an offset to build more efficiently and scale with fewer workers? This is a question that Taylor Morrison’s Austin division began asking just before the onset of the COVID pandemic. Over the last several years, the builder

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New Coldwell Banker Affiliates president on AI, rates, luxury market

Mary Lee Blaylock recently stepped into the role of president at Coldwell Banker Affiliates, bringing more than 30 years of residential real estate experience to the position. Her appointment comes as Coldwell Banker advances its “One Coldwell Banker” brand strategy — aiming to align company-owned operations and affiliates under a unified platform. Blaylock’s background includes

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