Trump’s mortgage order sets stage for regulatory shift, draws consumer backlash

President Donald Trump’s executive order targeting mortgages addresses several concerns raised by banks and nonbanks, which have largely welcomed it as a road map for regulatory change. But it’s also receiving pushback from consumer advocates. Friday’s order on “promoting access to mortgage credit” aims to boost lending by community banks (with less than $30 billion […]

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CrossCountry Mortgage to strengthen footprint with Summit M&A deal

Cleveland-based CrossCountry Mortgage (CCM) has struck a deal to acquire Summit Funding, broadening its geographic reach, the companies announced Wednesday. Financial terms of the transaction were not disclosed. “In 2025, we financed 1 in 35 homes sold nationwide, ranking as the No. 1 retail mortgage lender,” Ron Leonhardt, founder and CEO, told HousingWire. “This acquisition

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Anywhere’s Sue Yannaccone named Compass International Holdings COO

Compass International Holdings (CIH), the parent company of Compass, @properties, Christie’s International Real Estate and the six Anywhere Real Estate brands, has promoted Sue Yannaccone to chief operations officer, according to an announcement on Wednesday. Yannaccone’s promotion comes a little over two months after Compass closed its $1.6 billion acquisition of Anywhere. Yannaccone most recently

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