Rocket says it could close Redfin acquisition as soon as this quarter
Home loan giant boosts Q1 mortgage production by 7%, to $21.6B, and executives say plans to acquire Redfin and Mr. Cooper remain on track to close this year
by Matt Carter May 8
Zillow turned a profit in Q1 for the first time in years
The portal lifted its rental and mortgage segments in the first 3 months of 2025, earnings data released Wednesday shows. CEO Jeremy Wacksman said the gains came despite a tough market
by Jim Dalrymple II May 7
UWM shrugs off $241M Q1 net loss on loan servicing writedown
Executives put a positive spin on prospects for growth, with loan origination volume up 17% from a year ago to $32.4B, with refi boom helping drive 5% increase in revenue to $613.4M
by Matt Carter May 6
ERS merges with investment firm, partners with eXp
The Nebraska-based company's agents will now be a part of eXp, while the parent company merges with Good Life Capital in a bid to build an all-in-one platform
by Jim Dalrymple II May 1
UWM expands its Rocket rivalry into mortgage loan servicing
Long-term agreement with ICE Mortgage Technology will help nation's largest mortgage lender bring $242B loan servicing portfolio in-house, boost repeat business and referrals
by Matt Carter Apr 30
Mr. Cooper's servicing portfolio shrinks for the first time in 2 years
Nation's largest loan servicer turned an $88M Q1 profit and remains on track to be acquired by Rocket in Q4, a deal that's prompted United Wholesale Mortgage to cut ties to Mr. Cooper
by Matt Carter Apr 23
Sue Yannaccone reveals launch of new title venture 'Upward Title'
The Anywhere Brands chief reveals that her company is expanding a title venture, and she argues that consolidation and integration will dominate the real estate industry in the years ahead
by Jim Dalrymple II Apr 16
UWM and Google Cloud announce 'strategic' AI mortgage partnership
Nation's largest mortgage lender integrates AI and machine learning tools into its lending platform to streamline underwriting and document processing and provide chat support
by Matt Carter Apr 8
Rocket bucks tariff stock market selloff on prospects for growth
Lower mortgage rates could help lenders do more business, and investment analysts like Rocket's plans to acquire real estate brokerage Redfin and loan servicing giant Mr. Cooper
by Matt Carter Apr 4
Investors surprised by nCino's $18.6M Q4 loss, cautious guidance
Shares in cloud banking solutions provider hit a new all-time low after company posts guidance that revenue from the company's main line of business could shrink by as much as 7% this year
by Matt Carter Apr 2
A&D Mortgage closes acquisition of Mr. Cooper's 3rd-party channel
Deal gives the nation's biggest provider of riskier 'non-QM' mortgages additional capacity to offer more traditional loans backed by Fannie Mae and Freddie Mac, FHA, VA and USDA
by Matt Carter Apr 1
Rocket Companies CEO Varun Krishna and Mr. Cooper Chair and CEO Jay Bray.
Fitch Ratings warns of potential dowgrade of Rocket debt rating if Redfin and Mr. Cooper deals close, while decline in share price suggests investors have doubts Mr. Cooper is worth $9.4B
by Matt Carter Apr 1
Keller Williams takes on major investment from CoreLogic owner
CoreLogic parent Stone Point Capital is investing in Keller Williams as part of what the firms described as a plan to accelerate growth and fuel innovation, Inman has learned exclusively
by Jim Dalrymple II Mar 3
Rentals, tech and efficiency drive real estate’s Q4 earnings
Companies doubling down on rentals, AI and streamlined operations pulled ahead, while others struggled with agent attrition and slowing sales
by Jessi Healey Feb 27
Mr. Cooper's tech investments paying off as portfolio hits $1.5T
Dallas-based loan servicer is using AI to collect monthly mortgage payments from 6.7M homeowners, a business that generated $393M in pretax income during Q4
by Matt Carter Feb 12