Newrez projects 15% cost cut via AI investments

Recent technology investments have Newrez expecting significant expense reductions beginning this year, while prospects of mergers or a mortgage spinoff from parent Rithm Capital wane, according to company executives. Processing Content In their first-quarter earnings call, leaders at Newrez said savings benefits on the originations side should appear in the second half of 2026 after […]

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Inflation outpaces home-price growth for 9th straight month

Although mortgage rates dipped below 6% in February for the first time since 2022, home-price growth continued to slow, two new industry reports found. Processing Content More than half of the major metropolitan markets in the United States posted year-over-year price declines in February, while prices rose 0.7% nationally, according to the S&P Cotality Case-Shiller

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The infrastructure cost squeeze and what builders can do

Infrastructure costs and impact fees remain the persistent financial burdens in residential development. Site grading, roads, water systems, sewer lines, drainage, utilities and development impact fees are rising faster than home prices can absorb them. For builders operating on already compressed margins, the question is how to finance these costs without passing every dollar through

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