UWM escalates bidding war for TWO with $12 offer, open letter to shareholders
UWM Holdings Corp. is pressing its campaign to acquire Two Harbors Investment Corp. (TWO), issuing an open letter to the seller shareholders Thursday evening that details a sweetened proposal that valued the real estate investment trust (REIT) at $12 per share, positioning the bid as superior to the
HUD says Realtors can discuss crime and school data, reversing Biden-era stance
Real estate agents may lawfully discuss neighborhood crime rates and school quality with clients without violating the Fair Housing Act’s prohibition on racial steering, the U.S. Department of Housing and Urban Development (HUD) announced April 24. The move reverses guidance that’s led major industr
Smith Douglas Homes prioritizes pace over price, plays the long game
In a weaker-than-expected demand environment, marked by declining new-home sales prices, rising incentives and geopolitical uncertainty, select homebuilders have tapped the brakes on new deliveries and deliberately slowed their sales pace to secure margins. Not all builders are following this bluepr
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