Fay Group acquires VanDyk Mortgage to expand conforming loan footprint
Deal brings Fannie, Freddie and Ginnie execution plus MSR book
Mergers and Acquisitions
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Homebuilder sellers face tougher prices as M&A appetite slows
Selective acquirers are prioritizing integration and discipline, while smaller builders face margin pressure and tighter credit
eXp ends mortgage JV with Kind Lending, eyes Newrez deal
Success Lending will wind down as eXp targets launch with Newrez
ERA Real Estate names Frank Malpica president
Malpica’s appointment follows the tenure of Alex Vidal
Ryan Serhant doesn’t want to buy your brokerage. He wants your agents
The brokerage now spans 19 states and DC, and says average agent earnings rise 144% in year one after switching firms.
Real REMAX Group closes merger, REAX begins trading Aug. 25
Combined platform cites 180,000 agents in 120 countries and territories, including 100,000 in the U.S. and Canada.
NEXA Lending acquires UMortgage, adds Anthony Casa to exec team
NEXA will add UMortgage’s team of 246 loan officers that originated $2.05B over the past 12 months
Real Brokerage wins Canadian court approval for REMAX deal
Companies target Aug. 24 close, DOJ already ended HSR waiting period early.
TWO wins final regulatory approval for CCM deal
TWO shareholders to receive $12 per share in cash plus stub dividend
Luminate Bank acquires select assets of First State Mortgage Services
Luminate adds volume and a larger Midwest presence