Dwight Schar, NVR founder and former executive chairman, has died. He was key to NVR’s growth and was also once a minority owner of the Washington Commanders NFL franchise.
Estimated net proceeds for auction sales were 43{f21c25724f0efa2dab0a9516d7ebae9d31d650f16697611b209060657d9ad2a1} higher than for traditional REO dispositions through the third quarter.
UWM’s $1.3B Two Harbors deal adds $176B in servicing rights, targets $150M in synergies and boosts public float by 93{f21c25724f0efa2dab0a9516d7ebae9d31d650f16697611b209060657d9ad2a1}.