Board cites “certain value,” challenges stock structure, timeline, and execution risk in escalating MSR battle
Tagged: Bidding Wars
Open letter escalates weeks-long deal battle, challenges board actions, and raises stakes for MSR-driven M&A
Revised all-cash offer tops prior $10.80 agreement, reinforces servicing strategy as UWM competition lingers
CrossCountry’s bid was deemed 'superior' before another bidder surfaced with a higher cash alternative
Fueled by extreme inventory shortages, intense buyer competition, and continued home price growth, Hartford, Connecticut has supplanted Buffalo, New York as the nation's most competitive real estate market
Analysis finds rising prices for entry-level homes, coupled with low inventory, fan fierce competition.
Bidding wars have returned in some markets, but there's still a long way to go.
The 'New Weird': Mortgage rates surge and bidding wars drop as more people choose not to buy a home.
The competition rate dipped below 50% in June for the first time since the start of the pandemic.