Florida-based non-QM lender A&D Mortgage announced Friday that it has acquired the wholesale and nondelegated correspondent lending businesses of Mr. Cooper Group. The terms of the deal have not been disclosed but it is expected to close by the end of March 2025. A&D reported that the two entities being acquired funded more than $10…
"January 17, 2025" Archives
Archive page
San Francisco-based real estate technology company RealScout on Thursday announced that Andrew Flachner will take over as CEO. Flachner, a co-founder of RealScout, will replace current CEO Arthur Kaneko, who will continue to serve as an adviser. “Today marks a new chapter in RealScout’s story — one that I’m humbled and excited to help write…
The Supreme Court ruled Friday that a controversial ban on TikTok can take effect on Sunday, upholding a law that requires TikTok’s China-based parent company, ByteDance, to divest from the social media app or face a ban in the U.S. The decision comes just three days before President-elect Donald Trump — who had asked justices…
MoxiWorks is looking to up its game. The real estate technology company will be aided on this journey by additional capital it has secured from its ownership group, which includes private equity partner Vector Capital, and brokerages Howard Hanna Real Estate Services and Windermere Real Estate, according to an announcement on Friday. The exact amount…