Inside Real Estate acquires AI marketing startup ListAssist
The deal, which comes on the heels of its purchase of Folio parent company Amitree in 2024, aims to build on Inside Real Estate's consumer search, executives told Inman exclusively on Thursday
by Craig C. Rowe Mar 13
Fathom Realty lifts agent count by 21% — but posts $22M loss in 2024
Fathom CEO Marco Fregenal says revenue growth from My Home Group deal and smaller brokerage walkovers has company on track to achieve positive adjusted earnings in Q2 2025
by Matt Carter Mar 12
Srivatsaa steps down as Real president, opts for Board seat
The industry veteran recognized for his expertise in scaling brokerage operations was named to the position in December 2022. The job shift is slated to become official as of June 1
by Craig C. Rowe Mar 12
LoanDepot shares slip on $67M Q4 2024 net loss, tepid Q1 outlook
While mortgage originations were up 34% from a year ago, to $7.2B, shares dip below 12-month low after company executives said they don't expect Q1 2025 lending to surpass $5.5B
by Matt Carter Mar 11
Rocket: Redfin acquisition will cut consumer transaction costs by half
Rocket executives say unifying home search, buying, selling, mortgage, title and servicing could net $20K in savings — which might allay antitrust concerns and keep RESPA regulators at bay
by Matt Carter Mar 11
Tomo Mortgage secures $20M in Series B funding round
Tomo Mortgage, an AI-powered digital mortgage lender, has secured $20M in a Series B funding round, bringing its total investment to $130M, company executives announced Tuesday
by Richelle Hammiel Mar 11
Rocket Companies to purchase Redfin in $1.75B all-stock deal
This acquisition will integrate Redfin's home search platform, which features over 1M listings and a network of 2,200 agents, with Rocket Companies' mortgage origination and servicing
by Richelle Hammiel Mar 10
US home lending giant Rocket Mortgage bidding Canada adieu
Canadian mortgage strategist blames the country's securitization market, which allows the country's 6 biggest banks to sell mortgages to investors but is closed to smaller lenders
by Matt Carter Mar 7
Hsieh returns to LoanDepot as Frank Martell steps down as CEO
Martell will transition into a board advisory role by June, and Anthony Hsieh will return to the executive leadership team after the board ousted him in 2023, officials announced Thursday
American Real Estate Association floats Clear Cooperation solution
The trade group wants to replace the polarizing National Association of Realtors rule with what it's calling a 'Clear Collaboration Policy,' which it says would be more flexible than the status quo
by Jim Dalrymple II Mar 7
Jason Haber: Our industry deserves better and fewer real estate agents
The co-founder of the American Real Estate Association, a competitor to NAR, told Inman his upstart trade organization has held 2 recent events and started talks with potential sponsors
by Jim Dalrymple II Mar 7
Focus on homebuyers helps Guild swing to $97M 2024 profit
$24B in 2024 mortgage production represents Guild's biggest year since the pandemic-fueled refinancing boom, helping the San Diego-based lender bounce back from $39M 2023 loss
by Matt Carter Mar 6
As JVs struggle, Rate names top salesman to head retail mortgage
Guaranteed Rate Inc.'s retail mortgage operations named Shant Banosian as president on Wednesday as joint ventures with Compass and Anywhere Real Estate strove to generate profits
by Matt Carter Mar 5
New Door Group, Ceretto Group move to Coldwell from Compass
Two Denver-based real estate teams The New Door Group and The Ceretto Group, are making a strategic move from Compass to Coldwell Banker, the brokerage announced Tuesday
by Richelle Hammiel Mar 5
UHM adds $1B in lending capacity with NRL Mortgage acquisition
Houston-based Nations Reliable Lending, which does business as NRL Mortgage, sponsors 44 mortgage loan originators working out of 27 branch locations in 10 states
by Matt Carter Mar 4
Trump orders boost in US timber production, foreign lumber probe
President Donald Trump on Saturday signed an order aimed at increasing US timber production and launched an investigation into the risks that foreign lumber imports pose to national security
by Richelle Hammiel Mar 3