UWM sues Two Harbors over failed merger deal, seeks to recover more than $500M

United Wholesale Mortgage (UWM) filed a lawsuit on Monday that accuses Two Harbors Investment Corp. (TWO) of willfully breaching its merger agreement and committing fraud while pursuing a competing deal with CrossCountry Mortgage (CCM). UWM alleges TWO’s leadership deliberately undermined the stockholder process for UWM’s transaction, including by sabotaging the March 16 meeting scheduled to […]

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KBW raises Ellington Financial EPS outlook to $2.12

Following a strong second-quarter earnings report, analysts at Keefe, Bruyette & Woods (KBW) released a positive forecast for Ellington Financial and its reverse mortgage subsidiary, Longbridge Financial. In a note to investors published over the weekend, KBW said that it was “moderately raising” its guidance for Ellington’s earnings per share (EPS) to $2.12 by the

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Douglas Elliman narrows loss in Q2 2026, launches an AI overhaul

Douglas Elliman reported improved financial results during the second quarter of 2026 compared to a year ago as the company looks toward the future of the real estate industry.  According to an announcement on Friday, Douglas Elliman recorded a 4.5% annual increase in revenue for Q2 2026, with revenue for the quarter coming in at

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