Rocket offers preferred mortgage pricing for Redfin-linked deals
With closure of merger, homebuyers get temporary rate buydown or up to $6K in lender credits from Rocket Mortgage when the buyer or seller is represented by a Redfin agent
by Matt Carter Jul 1
Rocket reorganizes to close Redfin acquisition, Mr. Cooper on deck
By handling every aspect of homebuying and selling, from search to financing to title and closing, Rocket aims to cut transaction costs on the median priced home in half, from $40k to $20k
by Matt Carter Jun 30
Orlando Realtors and Supra settle case alleging member poaching
The Orlando Regional Realtor Association (ORRA) and the parent company of the lockbox firm informed the court they had agreed to terms
by Andrea V. Brambila Jun 26
Sanford fires back at Compass, argues against 'walled gardens'
EXp founder Glenn Sanford took a swing at Compass 2 days after his company was mentioned in a Compass lawsuit against Zillow — a lawsuit focused on one of the industry's most divisive topics
by Taylor Anderson Jun 26
Court gives 15 commission deals final approval in minutes-long hearings
In less than half an hour total, Judge Stephen R. Bough signed off on settlements in the Gibson and Keel antitrust cases
by Andrea V. Brambila Jun 24
Pulte wages war on Fed Chair Jerome Powell, blaming him for high home prices
The chair of the Federal Housing Finance Agency, Fannie and Freddie has spent the past day calling on Powell to step down, saying he’s responsible for high home prices
by Taylor Anderson Jun 20
Keller Williams launches master franchise in North Macedonia
The company now has 18 master franchises in Europe and is actively looking for new expansion opportunities across most of the inhabited world, according to an announcement on Tuesday
by Jim Dalrymple II Jun 17
Realtor.com CEO slams private listings: 'It is utter nonsense'
Realtor.com won't ban private listings, but CEO Damian Eales argued in a new blog post that private listing advocates 'are likely to find themselves on the wrong side of history'
by Jim Dalrymple II Jun 16
Homesellers fight to keep legal battle with eXp, Weichert alive
The real estate brokerages want to pause a commission case known as Gibson while they wrap up a different lawsuit. But the Gibson homeseller plaintiffs don't want their case put on ice
by Jim Dalrymple II Jun 13
Chimera boosts non-QM presence with HomeXpress acquisition
New York City-based REIT will pay $120M in cash for national non-Qualified Mortgage lender HomeXpress Mortgage Corp., plus 2.08M shares in Chimera valued at $27.9M
by Matt Carter Jun 12
Fairway Independent Mortgage buys itself a new Midwest division
Fort Wayne, Indiana-based Hallmark Home Mortgage is licensed in 18 states. Company founder and CEO Deborah Sturges is joining Fairway Independent Mortgage as a division manager
by Matt Carter Jun 11
Former Real Brokerage CFO sues, alleges pregnancy discrimination
Michelle Ressler was fired earlier this year and replaced with Ravi Jani. She now says company leadership suggested she couldn't be both an effective executive and a mother
by Jim Dalrymple II Jun 10
Foreclosures were up 9% year over year in May: ATTOM
States with the highest foreclosure rates in May included Delaware, Florida, Illinois and Indiana. ATTOM's CEO described the situation as 'a mixed picture'
by Jim Dalrymple II Jun 10
More than 2.5M people have made commission settlement claims
The company handling notifications has sent out more than 100M emails notifying homesellers about the settlements — and is charging more than $32M for its services
by Jim Dalrymple II Jun 10
Covius inks agreement to acquire Blend's Title365 business
Colorado-based Covius will continue to provide integrated title and closing services to Blend's customers, and Title365 President Kirby Hulbert will join Covius' settlement services team
by Matt Carter Jun 9
NAR logo with puzzle pieces symbolizes NAR overturns no-commingling rule
The committee opted to rescind the controversial 'no-commingling' policy on Wednesday, 1 day after NAR's Multiple Listing Issues and Policies Committee voted to scrap it amid DOJ scrutiny
by Jim Dalrymple II Jun 5