How Wall Street is reacting to Real Brokerage's blockbuster acquisition
Real’s bid for REMAX would create a 180K-agent platform amid brokerage consolidation
Cash offer pioneer pivots to a national rollout of its 'Buy Before You Sell' bridge financing program
Former PHH Mortgage executive Vic Lombardo was most recently COO of Guaranteed Rate Affinity, a joint venture between nonbank lender Guaranteed Rate and Anywhere Real Estate
Mortgage broker Elliman Capital, a 'strategic alliance' with Associated Mortgage Bankers Inc., will offer traditional and specialty loan products 'from multiple national and regional lenders'
Since peaking at 246 offices in the fourth quarter of 2023, RE/MAX's mortgage brokerage franchising business has experienced declines for 5 consecutive quarters
Ward Morrison will step down in June but serve as a consultant until the end of the year. He has helmed Motto Mortgage since 2016
In a break with the past, most new franchisees signing up for Motto's 'mortgage brokerage-in-a-box' solution are real estate brokerages and teams that aren't affiliated with RE/MAX
United Wholesale Mortgage denied explosive allegations that many mortgage brokers who send it business aren't shopping around for best deals. UWM dismissed a related lawsuit as 'a sham'
One-year agreement calls for RESAAS and Rocket Mortgage Canada to share revenue generated by new mortgages, mortgage renewals and refinances
Double-digit growth in open offices was a bright spot for parent company RE/MAX Holdings, which reported a $2.6M Q4 net loss as rising rates dented home sales
Three generations of Hannas have grown the family business from a small mom-and-pop into a juggernaut with 15,000 agents and 400 offices. Expect momentum to rise exponentially in 2023
The industry dodged a meltdown, but skyrocketing mortgage rates fueled a rush to 'right size' and helped crown a new leader in mortgage lending
The growing marketing platform counts multilocation brands, such as Ace Hardware, Ford Motor Company and Smashburger as clients
As lenders pivot to serve homebuyers, RE/MAX franchisor's 'mortgage brokerage-in-a-box' also makes separate list of top franchise opportunities for Black entrepreneurs