After expanding into 8 new states and more than doubling its market footprint this year, the Power Buyer is laying off 136 employees in search of an 'achievable path to profitability'
Mortgage upstart Better's plan to go public via a SPAC merger faces new challenges as banks that were advising the companies resign their roles
The company continues its quest to go public despite turmoil in the market. New executives are a mix of recent hires and internal promotions
The embattled mortgage company confirmed it had let go of Chad Walker shortly after 3 other executives have recently departed. Nick Taylor will replace Walker as head of the division
The housing industry has shed thousands of jobs recently, and more cuts may be in store. But some companies are handling the situation better than others
New whistleblower lawsuit claims Vishal Garg made a series of puzzling declarations, including misstatements to SEC 'aimed at duping investors and shareholders' amid quest to go public
While real estate industry layoffs largely began with companies that provide mortgages and mortgage-related services, everyone from Adwerx to Zumper has been impacted by the downturn
After piloting cash-offer product in Texas and Colorado, company plans to offer Buy With Orchard in all of its markets in the months ahead
New documents filed Monday with the US Securities and Exchange Commission shed new light on just how bad the past 18 months have been for the online mortgage lender
Rocket Mortgage and Amrock, Rocket’s title and settlement company, are offering buyouts to 8% of its workforce while Wells Fargo confirmed with Inman that it laid off employees last week
The Power Buyer has doubled its geographic footprint since its $100M Series D round and now has a presence in 13 markets
Shares in Blend touched a new all-time low after the company issued 2022 revenue guidance that co-founder and CEO Nima Ghamsari acknowledged as "much lower than consensus estimates"
Hawaii, Nevada, New Hampshire and New York are the final states to check off in order for Ally to realize its goal of providing digital mortgages nationwide
Richard Benson-Armer, who had been serving at the mortgage company on an interim basis, has been named the company’s Chief people, performance and culture officer
A seriously lost real estate agent, Engel & Völkers and 'Big Portal' all made headlines this week. Test your knowledge of the biggest stories to see if you're up to date on the industry