Head of LoanDepot's retail division steps into newly created role
Dan Hanson, the former head of loanDepot's retail division, will develop 'new revenue-generating opportunities' as the lender's new executive director of enterprise partnerships and acquisitions
by Matt Carter Sep 18
Constellation Software handed the keys to Empower, Optimal Blue
To satisfy antitrust regulators, ICE divests itself of Black Knight's loan origination and mortgage pricing business, but gets access to mortgage loan servicers and MLSs in $11.9B merger
by Matt Carter Sep 15
VC-backed Roam seeks to connect buyers to assumable mortgages
In theory, all government-backed FHA, VA and USDA loans are assumable, and with mortgage rates at levels not seen in two decades, interest in this little-used option has been growing
by Matt Carter Sep 13
eXp Realty
The Bean Group is the first team to join eXp Realty via the brokerage's new Boost program, which provides financial incentives to independent recruits, according to an announcement Tuesday
by Jim Dalrymple II Sep 13
Home values fell in 21 of the 50 largest US metros in August: Zillow
Home values are now 11.4% lower in Austin, Texas, than they were in Aug. 2022, Zillow said. Nationally, prices were up slightly from July to August, and there was a small inventory uptick
by Taylor Anderson Sep 13
Divvy Homes letting 95 employees go, including senior managers
The third round of layoffs in the last 12 months takes effect Nov. 7 and affects employees in 21 states, including Divvy's chief legal officer, vice president of compliance and head of design
by Matt Carter Sep 11
Divvy stays mum as employees report a new round of layoffs
At least 7 former employees posted on LinkedIn Thursday to say they had been laid off from the rent-to-own company
by Ben Verde Sep 8
Lawyer's letter offers glimpse into NAR's internal harassment probe
A July letter from Polsinelli, the outside counsel tapped to investigate misconduct at NAR's behest, found evidence of 'creepy' and 'disrespectful' behavior long before the Brevard lawsuit
by Jim Dalrymple II Sep 8
Hubzu operator Altisource to issue more stock to pay down debt
The Luxembourg-based real estate and mortgage services provider, which has slashed nearly 400 positions this year, raised $20.5M in a February offering that it used to pay down debt
by Matt Carter Sep 7
Gavel over one hundred dollar bills represents Newrez' settling a complaint
Fallout from the bankruptcy of reinsurer Vesttoo Ltd. ripples through the insurance industry, with Texas regulators keeping tabs on Homeowners of America Insurance Co.
by Matt Carter Sep 5
Insurers 'dodged a bullet' as Hurricane Idalia slams rural areas
Mortgage giants Fannie Mae and Freddie Mac outline relief for victims, including forbearance allowing loan servicers to suspend collection of mortgage payments for up to 12 months
by Matt Carter Sep 1
Black Knight ready to spin off Empower, Optimal Blue businesses
To win approval from regulators to merge with Intercontinental Exchange (ICE), Black Knight plans to sell 2 businesses to subsidiaries of software giant Constellation Software next month
by Matt Carter Aug 30
John Davis files a racketeering lawsuit against Keller Williams
Three months after a Texas judge sent former Keller Williams CEO John Davis' $300M fraud suit against the franchisor to arbitration, Davis is back with new racketeering claims
by Marian McPherson Aug 30
Cover up, circle the wagons, pounce on critics: NAR's MO
Opinion
The arcane volunteer structure at the National Association of Realtors prevents proactive decision-making and erodes individual accountability, Brad Inman writes
by Brad Inman Aug 30
Guild Mortgage eyes the Midwest with First Centennial acquisition
The acquisition of the Aurora, Illinois-based, family-owned lender marks San Diego-based Guild Mortgage's fourth expansion since December, according to an announcement on Monday
by Matt Carter Aug 30
Tracy Kasper emerges as president of fractured NAR amid mild dissent
One day into Tracy Kasper's term as president of the National Association of Realtors, some agents have raised doubts about her ability to set the 115-year-old organization on the right path
by Marian McPherson Aug 30