Falling rates help boost Fannie and Freddie loan volumes, net worths
Mortgage giants Fannie Mae and Freddie Mac provided backing for $164B in purchase mortgages in Q3, up 10% from Q2, while remaining profitable and growing their combined net worths to $147B
by Matt Carter Nov 1
Josh and Heather Altman leaving 'Million Dollar Listing Los Angeles'
Power couple calling it quits after 13 years and 11 seasons on the hit reality real estate show. 'We were babies when we started the show,' Josh Altman told 'People'
Judge grants final approval to 9 commission lawsuit settlements
Judge Stephen Bough granted approval for settlements involving Compass, Douglas Elliman, @properties and other companies. Collectively, the companies will pay $110M to resolve litigation
by Jim Dalrymple II Oct 31
Inman expands coverage of built world with Blueprint acquisition
Inman plans to invest further into Blueprint to continue its growth in advance of the next Blueprint Vegas, Sept. 16-18, 2025
by Inman Oct 29
'Not done': Antitrust litigation in real estate is just warming up
In a recent webinar, Spencer Rascoff, James Dwiggins and Jack Miller discussed the future of commissions and why agents and brokers should pay attention to their legal risk
by Andrea V. Brambila Oct 29
CMLS urges NAR to keep Clear Cooperation in new letter
CMLS CEO Denee Evans argued against the 'removal or significant weakening of a policy so critical to the integrity of our housing market' in an open letter to NAR and its members Friday afternoon
Vamos a Guatemala! KW expands in Central America
The company is opening its first franchise in the Central American country amid an ongoing push to expand in new global locations
by Jim Dalrymple II Oct 24
Infamous investor Patrick Carroll arrested in Wyoming
The multifamily investor was arrested in Wyoming this week on a Florida warrant issued for aggravated stalking charges. Carroll was recently in Massachusetts for mental health treatment
by Marian McPherson Oct 24
Profits roll in at Mr. Cooper as it pursues tech-fueled growth
Deal to acquire Flagstar’s mortgage servicing business later this year is projected to grow Mr. Cooper's customer base to nearly 7M and servicing portfolio to $1.59T
by Matt Carter Oct 23
CoStar acquires management platform Visual Lease
Visual Lease makes a platform serving more than 1,500 corporate clients. The acquisition bolsters CoStar's core commercial real estate business
by Jim Dalrymple II Oct 22
Maine team jumps to eXp Realty, citing commission suits as a reason
Steven Brackett and his 36-agent team have moved to the virtual brokerage. Brackett cited tools and training, as well as the commission lawsuits, as reasons that convinced him to make the move
by Jim Dalrymple II Oct 22
The real estate industry is more politically split than you think
Amid a tumultuous year for the industry, Realtors have donated millions to political causes — and Democrats have managed to collect more than Republicans from the industry's rank and file
Flagstar shedding 1,900 workers, but many could land at Mr. Cooper
A majority of the 1,200 Flagstar employees being let go in $1.4B sale of the company's mortgage servicing business will be offered the opportunity to transfer to Dallas-based Mr. Cooper
by Matt Carter Oct 18
PrimeLending just hired a rival's CEO to be its new head of growth
Former Benchmark Mortgage CEO Brian McKinney has been charged with driving company growth after launch of a more inclusive mortgage underwriting process and home equity product
by Matt Carter Oct 15
Compass scoops up NYC star agent from The Agency
Daniel Blatman also previously worked at Douglas Elliman and Triplemint. He joins Compass during a period of intense competition for top-producing agents
by Jim Dalrymple II Oct 15
RLTYco poised for growth with 2 new executive hires
Eric Zollinger has newly been named head of sales and Marcelo Lavanhini chief financial officer, RLTYco has informed Inman, as the company preps to expand into major luxury markets in the US
by Lillian Dickerson Oct 15