UBS sells mortgage servicer to Sixth Street-led investor group

Swiss bank UBS Group AG has decided to sell Credit Suisse’s mortgage servicing company, Select Portfolio Servicing (SPS), to a group of investors led by Sixth Street, HousingWire has learned. Investment firm Davidson Kempner Capital Management is a co-investor. Representatives at Credit Suisse, Davi

Real Brokerage pulls out the stops to prep for new commission rules

The new rules mandated by the National Association of Realtors‘ (NAR) settlement of class-action lawsuits related to buyer agent commissions take effect in just two days, and brokerages and MLSs are scrambling to find the best ways to implement them. The Real Brokerage is going all out to prepare it

What Credit Score Do You Really Need To Buy a House?

When you're thinking about buying a home, your credit score is one of the biggest pieces of the puzzle.

White House, HUD announce $100M round of housing grant funds

The U.S. Department of Housing and Urban Development (HUD) on Wednesday announced the availability of $100 million in new, competitive grant funding that is designed to address bureaucratic impediments to the construction of new housing while lowering the costs to rent or buy a home. “Through HUD’s