Suit accuses NAR and its president of sexual, racial discrimination
The suit claims NAR fired a Black employee after she broke off a relationship with then-president-elect Kenny Parcell. NAR said it rejects the claims
by Jim Dalrymple II Jun 28
Gavel over one hundred dollar bills represents Newrez' settling a complaint
The company intends to sell 'substantially all of its assets,' including its technology platform to pay creditors that include thousands of retail investors
by Matt Carter Jun 28
NAR kicks off nationwide search for 'diverse' CEO candidates
Applications to become the 1.5M-member trade group's 13th chief executive will be accepted through July 31, the National Association of Realtors announced
by Andrea V. Brambila Jun 27
The Agency brings 1st office in North Carolina to Charlotte
Industry veteran Erika Mendoza will serve as managing partner and broker in charge, and Abigail Hines Miller will also serve as managing partner, according to the company
by Ben Verde Jun 27
Compass nabs top-performing Coldwell Banker agent
Tacoma's Margo Hass Klein joined Compass this week, according to the company. She's the latest in a string of Coldwell Banker agents who decamped for Compass this year
by Jim Dalrymple II Jun 23
Planet Home Lending acquires $10B in mortgage servicing rights
Bulk acquisition of servicing rights to 45,000 Ginnie Mae loans from Village Capital & Investment brings Planet's servicing portfolio to $94B with more purchases eyed for 2023
by Matt Carter Jun 23
Newzip helps mortgage lenders connect borrowers to agents
Former Keller Williams Realty exec's startup enables virtually any mortgage lender to emulate programs offered by bigger rivals, such as Rocket Mortgage, loanDepot and Better
by Matt Carter Jun 22
NAR CEO Bob Goldberg plans to retire at the end of 2024
Goldberg's contract will expire on Dec. 31, and the executive plans to retire after 3 decades at NAR and 4 decades in real estate, according to the National Association of Realtors
by Taylor Anderson Jun 21
Truist puts former Keller Williams exec in charge of home loans
David Smith, who was president and CEO of CitiMortgage before joining Keller Home Financial Services in 2021, will oversee Truist's direct, correspondent and warehouse channels
by Matt Carter Jun 20
StreetEasy assembles advisory board for broker feedback
The board is composed of 19 brokers from various firms across New York City who will meet in person once a quarter to discuss resources, products and other topics, according to StreetEasy
by Ben Verde Jun 16
Offerpad executes 1-for-15 reverse stock split to head off delisting
Pioneering iBuyer hopes to bring share price back above the New York Stock Exchange's $1 minimum threshold by converting every 15 shares of outstanding common stock into 1 share
by Matt Carter Jun 12
Inman's Top 5 stories of the week: June 2-8, 2023
Wondering what you missed? Find out with Inman's Top 5 most-read stories of the week
by Dani Vanderboegh Jun 9
Better.com lays off in-house real estate agents nationwide
Troubled mortgage lender had touted Better Real Estate as a crucial component of its plans to build out an integrated end-to-end technology platform
by Matt Carter Jun 8
Inman proudly announces the Inman Ambassadors for ICLV
This diverse group of successful real estate pros will be sharing real-time knowledge from the stage, dishing highlights, and relaying the Inman Connect Las Vegas action from the front row
by Laura Monroe Jun 8
Zillow, Anywhere and Compass vanish from annual Fortune 500 list
The real estate giants' omission from Fortune's annual list of the biggest companies illustrates just how far industry players have fallen as a result of a housing contraction that began in 2022
by Ben Verde Jun 7
The Texas plan that could win even more new homeowners
High property taxes in Texas have in the past canceled out some of the state's affordability advantages. But political leaders are looking for ways to reduce homeowners' tax burden
by Jim Dalrymple II Jun 6