San Francisco

Better.com extends deadline to go public via SPAC

Aug 29, 2022 |

Digital mortgage lender Better.com and blank-check firm Aurora Acquisition Corp. extended the deadline to conclude their merger agreement, but the companies have already started to discuss options in case the deal fails.  In May 2021, Novator Capital-sponsored special purpose acquisition company Aurora announced plans to make Better.com public in the fourth quarter of 2021. The deal valued the SoftBank Group-backed digital lender at […more]

Waterfront Fantasy: 5 Floating Homes That Will Surely Float Your Boat

Aug 29, 2022 |

Interested in life on the water? We’d love for you to sail along with us as we survey five beautiful floating homes on the market right now.

Opinion: Taming inflation requires making housing affordability a national priority

Aug 29, 2022 |

Inflation slowed more than expected in July, the result of a dip in gas and energy prices. But soaring housing costs continue to weigh heavily on family budgets. Rents and home purchase prices are up – 17% and 20% respectively – from last year. It seems as if every day there is yet another news story highlighting […more]

Jury convicts San Francisco real estate investor for defrauding Quicken Loans

Aug 29, 2022 |

A San Francisco real estate investor with political ties was found guilty of bank fraud and making false statements to Quicken Loans as part of a larger federal investigation targeting public corruption in the city.  A federal jury convicted Victor Makras, president of Makras Real Estate, for inflating a debt amount of $915,000 in a […more]

NYSE notifies Impac about risk of getting delisted

Aug 29, 2022 |

California-based Impac Mortgage Holdings received a notice on Friday from the NYSE American LLC requiring a plan to adjust its stockholders’ equity level amid consecutive financial losses. Otherwise, the mortgage lender will be subject to delisting proceedings, according to a Securities and Exchange Commission (SEC) filing.  In the most challenging mortgage market in well over a decade, Impac stockholders’ equity reached […more]

The strategy behind UWM’s multibillion dollar investment

Aug 29, 2022 |

In 2021, United Wholesale Mortgage (UWM) CEO Mat Ishbia set a three-year goal to make UWM the No. 1 lender in the country. Ishbia, who started running his father’s mortgage firm in 2013 and has since grown it into the country’s No. 2 lender, isn’t satisfied with second place, behind Rocket Mortgage. “I don’t have […more]

NAN’s Steve Sussman on the company’s growth strategy

Aug 29, 2022 |

Nationwide Appraisal Network (NAN) was the top-ranking appraisal management company on the 2022 Inc 5000 list at No. 1427, with an average 451% in revenue growth from 2018 to 2021. We sat down with Steve Sussman, NAN’s chief business development officer, to find out how the company is growing so fast and what they see […more]

Oh, the Prices You’ll Pay! Dr. Seuss’ House Lands on the Market

Aug 29, 2022 |

The longtime home of Theodor Geisel, aka Dr. Seuss, has come on the market. The hilltop estate in La Jolla, CA, is available for $12 million.

Minnesota Midcentury Home Floating Above a Creek Is the Week’s Most Popular Listing

Aug 29, 2022 |

Appearing to float in midair, a stunning midcentury modern home in Minnesota is this week’s most popular home on Realtor.com.

Historic $7.25M Mansion in Savannah Is One of the ‘Grandest Homes’ in Town

Aug 28, 2022 |

An opulent Savannah, GA, mansion on the market for $7.25 million features a delightful view of the city’s most famous fountain.