Some agents were shocked, but those working inside Compass generally agreed that the deal gives the combined firms increased bargaining power
EMJ Capital's founder posted thesis on X that Better Home & Finance is 'the Shopify of mortgages' with the potential for AI to boost capacity and fuel explosive growth over the next 2 years.
Compass has long had a contentious relationship with the National Association of Realtors. Real estate veterans speculated Monday that NAR could thus suffer as Compass grows
The upstart Compass had already grown to the top residential brokerage by sales volume. Now, it's moving to acquire its chief rival
At $2 per share, the latest offering of 3M shares is priced nearly 3 times higher than a March raise, when the North Carolina-based real estate brokerage was flirting with delisting
The CEO appointed to turn around the National Association of Realtors attended Blueprint Las Vegas, where she reiterated the value Realtors offer consumers
As competition for talent remains intense, major teams this week moved to Compass, eXp Realty and the Real Brokerage
A new $100M credit facility with Texas Capital Bank will enable vacation home loans to be originated by a 3rd party, then securitized and sold to investors in non-qualified mortgages
'Insights by Blueprint' will publish weekly reports breaking down industry changes as they come and translate what it all means for owners, operators and asset managers
The blockchain-powered home equity lender says it has not only revolutionized the process of originating mortgages, but financing them by making it easy for investors to trade them
Investors who kept the faith even as the iBuyer's stock price was plummeting earlier this summer are being rewarded now with a surge following the announcement of Kaz Nejatian as the new CEO
A major player in correspondent lending, Pennymac is looking to provide more loans directly to consumers through a strategic partnership and investment in mortgage software provider Vesta
Andrew Left's controversial research firm has a thesis: Trump will win the 'war on housing,' and loanDepot's mortgage servicing business is hugely undervalued
Lubbock-based broker Amy Tapp will transform her 45-person indie brokerage into a team. Tapp joined eXp after attending a brokerage leadership event, which she called a 'divine appointment'
RE/MAX affiliate, RE/MAX Premier, has purchased Compass's former North Shore offices, as the NYC-based brokerage consolidates locations after buying @properties Christie's International Real Estate. The agents in those offices are still with Compass
Rocket hopes the $9.4B deal will help it capture 20% of all mortgage refinancing and wrest back its title as the nation's biggest mortgage lender from rival United Wholesale Mortgage