Fathom Realty CEO says company will be 'EBITDA positive' in Q2
New Elevate program providing 'concierge-level services' to agents is off to such a strong start that Fathom executives have temporarily suspended guidance while they rework 2025 forecast
by Matt Carter May 13
Texas governor attempts to squash Muslim residential development
Texas Gov. Greg Abbott announced that he'd halted development on a Muslim mixed-use project in Plano. Developers said Abbott's investigations are unfounded and rooted in Islamophobia
by Marian McPherson May 13
Tarrifs; renovations
Opinion
Many agents work with sellers to make presale updates or help buyers decide on a home because of its renovation potential. Trump's tariffs could make those pitches harder to land
by Craig C. Rowe May 9
Rocket says it could close Redfin acquisition as soon as this quarter
Home loan giant boosts Q1 mortgage production by 7%, to $21.6B, and executives say plans to acquire Redfin and Mr. Cooper remain on track to close this year
by Matt Carter May 8
Investors cheer as Guild grows Q1 mortgage originations by 35%
Shares in Guild Holdings gain 10% as investors recognize $23.9M net loss for the quarter was driven by a $70M writedown in the fair value of Guild's mortgage servicing rights portfolio
by Matt Carter May 8
Bernice Ross launches new take on investing with 'The Investor Scoop'
The Investor Scoop brings over 25 contributors who will dive into a wide range of content but in a humorous way, from tax tips and tech tools to credit strategies to legal know-how
by Richelle Hammiel May 8
LoanDepot boosts lending and profit margins, trims Q1 loss
Company founder Anthony Hsieh returns to executive leadership team, says investments in technology, connections to real estate agents and homebuilders will help lender scale
by Matt Carter May 6
UWM shrugs off $241M Q1 net loss on loan servicing writedown
Executives put a positive spin on prospects for growth, with loan origination volume up 17% from a year ago to $32.4B, with refi boom helping drive 5% increase in revenue to $613.4M
by Matt Carter May 6
Evergreen Home Loans pursuing national expansion strategy
Bellevue, Washington-based Evergreen hires Wells Fargo and Bank of America veteran Andrew Leff as head of national business development and continues to expand beyond its regional roots
by Matt Carter May 5
Realtor.com teams up with Reba McEntire for ad campaign
The campaign features McEntire advising would-be homebuyers in sitcom-like scenarios. It's also the largest such campaign in the portal's history
by Jim Dalrymple II May 5
EXp Realty will now let agents have multiple sponsors
Agents can now have both a 'primary' sponsor and a 'co-sponsor.' People in both roles will get to collect money from eXp's revenue share program
by Jim Dalrymple II May 1
Chris Choi, MoxiWorks, CFO
Choi’s integration 'follows MoxiWorks’ recent capital raise and reflects the company’s ongoing momentum and commitment to long-term strategic growth'
by Craig C. Rowe Apr 28
Mr. Cooper's servicing portfolio shrinks for the first time in 2 years
Nation's largest loan servicer turned an $88M Q1 profit and remains on track to be acquired by Rocket in Q4, a deal that's prompted United Wholesale Mortgage to cut ties to Mr. Cooper
by Matt Carter Apr 23
Dream Finders Homes grows its mortgage, title insurance footprint
Alliant National acquisition brings 700 independent title agents in 32 states to Dream Finders, which provided financing on 72% of the homes it built last year through subsidiary Jet HomeLoans
by Matt Carter Apr 21
Offerpad joins Opendoor, Fathom in the stock delisting danger zone
IBuyer's market cap has dropped below $50M minimum for 30 consecutive trading days, and the New York Stock Exchange wants to know what the company is going to do about it
by Matt Carter Apr 18
Gino Blefari out as HomeServices CEO, Chris Kelly promoted
Blefari has helmed HomeServices of America for more than 5 years. Kelly had been serving as an executive vice president before being promoted
by Jim Dalrymple II Apr 15