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HUD looks to adopt industry standard URLA form for Title I loans

Housing Wire

Department of Housing and Urban Development (HUD) on Monday announced a proposal to shift its Title I home loan programs to the use of the Uniform Residential Loan Application (URLA) that would more closely align them with broader industry standards.

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Dunmor CEO Franck Ruimy on Newfi partnership and the residential investment lending sector

Housing Wire

Last week, business-purpose residential mortgage lender Dunmor announced that it received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. What does this mean for the residential real estate sector and how business-purpose mortgage lenders are trying to expand?

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Stone Point Capital takes a stake in Keller Williams

Housing Wire

Stone Point is no stranger to the real estate industry, as it also holds strategic investments in Lone Wolf Technologies , Homepoint , CoreLogic and Meridian. Czarnecki has over two decades of real estate industry experience. From 2017 until 2023 he served as the CEO of Broadstone Net Lease.

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Industry veterans launch Canopy in bid to shake up residential due diligence space

Housing Wire

Residential due diligence is an area of the mortgage ecosystem that’s overdue for disruption, according to two industry veterans who want to offer something completely different in the due diligence space through their newly launched company, Canopy. “We That’s why it has to be done over and over again.”.

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Baird & Warner acquires Dream Town in Chicago

Housing Wire

Two of Chicago’s largest independent real estate firms — Baird & Warner and Dream Town — have announced a merging of operations, creating a top residential brokerage in the region based on 2024 home sales , the companies said. He said the merger provides a counterpoint to growing consolidation in the real estate industry.

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Top Florida real estate team signs on with Compass

Housing Wire

Over the past six years, Korman expanded his firm to 40 agents across four offices, with a focus on high-end residential sales. Compass offers something unlike anything I’ve seen in our industry. Michael’s reputation, vision and track record for building high-performing teams aligns seamlessly with Compass’ mission.

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Legacy Group Capital secures $180M from LibreMax Capital

Housing Wire

“The LibreMax team brings significant experience in the residential real estate asset class and has been exceptionally supportive of Legacys growth plans. We are excited to support the company in its next phase of growth. Legacy CEO Scott Rerucha said the partnership “changes the game” for the company.

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