Author name: Ricky Vasquez

Compass-Anywhere merger closing imminent, brokers share plans to compete

Despite initial estimates calling for a summer or even fall 2026 close for the Compass–Anywhere merger, the two companies have indicated the transaction could close as soon as this Friday.  This news came after shareholders at both firms overwhelmingly voted to approve the merger at special meetings Wednesday afternoon.  Upon the close of the transaction, […]

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Trump directs GSEs to buy $200B in MBS to push mortgage rates lower

President Donald Trump said Thursday that he is directing representatives at the government-sponsored enterprises (GSEs) to purchase $200 billion in mortgage-backed securities (MBS), a move he said is intended to bring mortgage rates down. “Because I chose not to sell Fannie Mae and Freddie Mac in my First Term, a truly great decision, and against

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Toll Brothers announces Karl Mistry as new CEO, Doug Yearley to become Executive Chairman

Toll Brothers announced on Wednesday that Karl Mistry will be the company’s next CEO, replacing Doug Yearley, who will transition to the role of Executive Chairman of the Board on March 30.  Mistry will take the helm at a time when Toll Brothers is leaning on its resilient, high-income buyers to navigate homebuilding’s headwinds.  He

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