Shrinking economy bolsters the case for a June Fed rate cut

Advance GDP reading suggests the economy shrank by 0.3 percent during Q1, as a rush by businesses to import goods before tariffs took hold and government spending cuts dented growth.

UWM expands its Rocket rivalry into mortgage loan servicing

Long-term agreement with ICE Mortgage Technology will help nation's largest mortgage lender bring $242 billion loan servicing portfolio in-house to boost repeat business and referrals.

Nest Seekers International launches art division

With Collections, Nest Seekers will provide a bridge for clients seeking acquisition and management services for art and other collectibles, whether for decorative, investment or collections purposes.

Dwell Residential joins Engel & Völkers in Park Slope

The new office of the previously indie firm marks license partner Donald Brennan's third Engel & Völkers shop in the Brooklyn and North Fork areas. Dwell co-owner Luis Martinez will serve as an associate broker.