The lender plans to boost revenue by growing purchase loan business and loan servicing portfolio, with digital HELOC also in the works, according to a second-quarter earnings call
Lender hopes to cut up to $400M in annual expenses and become profitable by the end of the year, after rising mortgage rates gut profitable refinancing business
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
Mortgage lender suspends its quarterly dividend after posting a $91.3 million first quarter loss
Former CoreLogic CEO Frank Martell will oversee daily operations, while Hsieh will take on 'holistic strategic role' as executive chairman
Martell, whose exit comes 6 months after CoreLogic's acquisition, will stay on as a nonexecutive chairman of the board while COO Pat Dodd fills the role until a permanent replacement is found
The upward spiral continued as home prices surged a record 18% year over year in October to the highest growth rate in the 45-year history of CoreLogic's Home Price Index
Frank Martell has been with CoreLogic since 2011. As a member of Compass' board, he'll be tasked with helping guide the company forward
The foreclosures rate fell to 0.2% in June 2021 from 0.3% the previous year, according to data released Tuesday from property analytics provider CoreLogic
Home price growth in July soared a record-shattering 18% year over year, the highest price appreciation recorded since CoreLogic began tracking the metric in 1976
4.7% of mortgages were in a state of delinquency, unchanged since last month
The latest CoreLogic report found that home prices are continuing their record-breaking ascent, with detached properties appreciating the most
4.7% of mortgages were delinquent in April 2021, a significant drop from the start of the pandemic
The last time home prices increased by so much was in May 2005, according to the latest CoreLogic Home Price Index report released on Tuesday
The deal is expected to close in the third quarter if it receives regulatory approvals and meets 'customary closing conditions,' the California-based company said in a statement