Union Home Mortgage acquires assets of Sierra Pacific Mortgage: sources
Ohio-based Union Home Mortgage Corp. (UHM) has reached an agreement to acquire assets of California-based Sierra Pacific Mortgage Co., sources told HousingWire.
Mergers and Acquisitions
Auto Added by WPeMatico
Rocket pushes back debt exchange deadline amid Mr. Cooper deal
Rocket Companies has extended the deadline for investors to exchange debt issued by a Mr. Cooper Group subsidiary for the lender’s own paper — a step tied to its $9.4 billion acquisition of the competitor.
Analysts split on what happens next with Rocket–Mr. Cooper servicing book
The regulator imposed a 20% cap on Fannie and Freddie servicing exposure, raising questions about how much room Rocket has to expand.
FHFA clears Rocket’s $9.4B acquisition of Mr. Cooper, with safeguards
Despite clearing approval, FHFA underscores need to limit counterparty risk and preserve mortgage market stability.
Howard Hanna enters Georgia with latest acquisition
The family-owned brokerage now operates in 14 states after announcing its acquisition of Coastal Properties on Tuesday.
ERA Real Estate expands in Colorado
The acquired firm has developed a reputation for serving high-end buyers and sellers in the resort town of Vail, Colorado.
Guild’s profit rebound and rising refi recapture bolster Bayview bid
Guild reported net income of $18.7 million for the second quarter of 2025, reversing a $23.9 million loss in the prior quarter.
Rocket revamps real estate arm, moves home search to Redfin
Users who visit the Rocket Homes website are now met with a message stating they “can search for homes on Rocket until August 4.” After that, they will be redirected to Redfin’s platform, which will serve as Rocket’s primary home search tool.
Connecticut firms merge under Better Homes and Gardens Real Estate brand
The merger brings together roughly 150 affiliated sales associates across four offices in Monroe, Bridgeport, Newtown and Middlebury, Conn.
Compass posts record performance in Q2
Compass reported a 21.1% year-over-year revenue jump to $2.06 billion in the second quarter, with total transactions rising 20.9%.