NAR (and now Compass) settled. Y'all had thoughts: The Download
Real estate professionals respond in the aftermath of NAR's big commission lawsuit settlement and Compass' brand new one
by Christy Murdock Mar 22
ICE on a signing spree for new 'mortgage tech ecosystem'
In pursuit of a bigger slice of an estimated $14B market after Black Knight acquisition, Intercontinental Exchange signs 37 new Encompass clients and 4 new servicing clients
by Matt Carter Mar 21
How commission chaos divided the real estate industry into 4 factions
The verdict in the monumental Sitzer | Burnett commission case in Missouri — plus oversight by federal regulators — has splintered the industry as it scrambles to figure out how to move forward
by Taylor Anderson Mar 20
Agents storm TikTok with flood of complaints after NAR settlement
Since Friday, real estate agents have been arguing on the video sharing platform that the recent commission suit settlement is likely to hurt both homebuyers and the agents who represent them
by Jim Dalrymple II Mar 19
WATCH: Ed Zorn, NextHome CEO on the $418M NAR settlement
James Dwiggins, Strategic Officer Keith Robinson and Ed Zorn, the California Regional MLS general counsel, tackled NAR's settlement in an exclusive livestream Friday. Watch it on demand
by Inman Mar 15
LGBTQ+ Real Estate Alliance launches anti-LGBTQ bill tracker
The LGBTQ+ Real Estate Alliance launched an anti-LGBTQ bill tracker on Thursday as part of the Alliance's plan to make NAR and its lobbying arm, RPAC, stop funding anti-LGBTQ legislators
by Marian McPherson Mar 14
Fathom Realty added 1,425 agents after raising fees last year
Fathom posted a $24M annual loss during a Q4 and 2023 earnings call Thursday afternoon, with executives saying the brokerage's transaction volume dropped less than the industry overall
by Matt Carter Mar 14
Title technology provider Doma posts $124M 2023 net loss
After a 'transformational year,' CEO Max Simkoff says Doma is well positioned to help lenders take advantage of the Biden administration's push to reduce closing costs for mortgage borrowers
by Matt Carter Mar 13
Guild Mortgage shrugs off 2023 loss as it pursues acquisitions
The San Diego-based lender has completed 5 acquisitions in the past 18 months in pursuit of market share, unfazed by a 21% drop in mortgage originations and a $39.1M 2023 net loss
by Matt Carter Mar 13
LoanDepot trims 2023 net loss by 37%, retains 'strong liquidity profile'
As mortgage rates soared last year, loanDepot slashed $693M in annual expenses but saw loan origination volume plunge by 58% from the year before, to $22.7B, as refinancings evaporated
by Matt Carter Mar 12
OJO acquires The LEAD Syndicate, rebrands around Movoto
The acquisition will help OJO launch Lever by Movoto, which the company describes as an all-in-one technology platform for individual agents
by Jim Dalrymple II Mar 12
Steve Harney, legendary Keeping Current Matters founder, dies at 68
Harney founded Keeping Current Matters in 2007 to help agents and homeowners prepare to navigate the coming financial crisis
by Ben Verde Mar 8
Baird & Warner at center of latest commission lawsuit filed in Illinois
Two consumers filed the class-action suit in the Circuit Court of Cook County. Unlike similar cases, the latest seeks to represent buyers and sellers — and only names Baird & Warner as a defendant
by Jim Dalrymple II Mar 7
Zillow, Realtor.com team up on syndicated rental listings
The ongoing portal war has now sparked a new alliance that'll see Zillow's rental listings show up on Realtor.com's site
by Jim Dalrymple II Mar 6
Elephant in the room: What execs revealed about commissions in Q4
In the wake of legal settlements in 2 of the largest commission lawsuits, RE/MAX and Anywhere illuminated their paths forward to investors in Q4 earnings calls. Intel reads the tea leaves
by Daniel Houston Mar 6
Argyle sees path to profitability with $30M Series C raise
Integrations helped the income and employment data provider grow its mortgage customer base and attract backing from Rockefeller Asset Management’s Fintech Innovation Fund
by Matt Carter Mar 5