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Westcor CEO Mary O’Donnell dies
O’Donnell passed away suddenly earlier this week after a brief illness. Terry Wright has been named interim CEO.
Pulte denies ‘political weaponization’ of mortgage fraud referrals
Bill Pulte denied any political motivation in Lisa Cook’s firing, even as ProPublica flagged other potential cases of mortgage fraud.
Maryland housing affordability crisis targeted in executive order
The order directs state agencies to speed up construction, make better use of state-owned land and cut down on permitting delays.
Senators call on Pulte to pause GSE privatization plans
A group of 14 senators said that Congress must be briefed before any conservatorship release plans are initiated.
Rocket, PennyMac price new debt offerings
Rocket priced $4 billion in senior unsecured notes — $2 billion due in 2030 and $2 billion due in 2033. PennyMac priced $100 million due in 2030.
Clear Capital integrates appraisal reviews with ICE
The integration allows mortgage lenders to access appraisal review tools directly within their loan origination systems.
New platform aims to ease California down payment burden
The platform gives buyers an upfront “down payment boost” by redirecting a portion of the buyer’s agent commission to the buyer.
Compass updates seller disclosure form, clarifies off-MLS marketing
Updates to the Compass form aim to improve seller understanding of off-market phases and outlining benefits and risks of pre-listing.
Relitix rolls out expanded market share tracker
The system allows real estate firms to benchmark their performance against local competitors and monitor top-performing agents.
