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Is Purplebricks on the verge of being taken over?

Berlin-based Axel Springer publishes a number of European newspapers and also owns U.S.-based website Business Insider and its offshoots. The company previously invested $177 million in Purplebricks, which was used to fund the brokerage’s expansion beyond its home base in the U.K.

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Vacation rental industry heats up with iTrip Vacations expansion

The newly added iTrip properties are scattered across a handful of coastal Florida communities including Palm Beach Gardens, Fort Pierce, Juno Beach, Jupiter, Stuart, Hutchinson Island and Port St. Lucie. The properties will be operated as part of a new iTrip franchise, dubbed iTrip Vacations Treasure Coast.

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A new ‘uniform’ for Fannie and Freddie aims to help homebuyers, investors

Though relatively obscure among most consumers, the project to create the UMBS has been in the works since at least 2012. Officials have already been prepping investors for the launch of the combined TBA market for months, and during Monday’s phone call Freddie Mac senior vice president Mark Hanson said that “all signs are quite positive at this stage in the market.”