picture of Wall Street bull statue, showing the role the market plays in retirement for real estate agents
Monthly purchases of $13B in mortgages and mortgage-backed securities may be taking pressure off mortgage rates — and setting the stage for a more attractive public offering
by Matt Carter Dec 15
Don't merge Fannie and Freddie, says their biggest investor
Billionaire investor Bill Ackman floats plan to relist mortgage giants on the New York Stock Exchange this year, but says it's too soon for the government to sell any of its stake
by Matt Carter Nov 18
There's nobody in charge of looking out for waste, fraud and abuse at Fannie and Freddie's regulator
FHFA acting Inspector General John "Joe" Allen is set to be fired, Reuters reports, and the position is now vacant as the mortgage giants move toward a public offering
by Matt Carter Nov 5
Fannie Mae guts ethics and internal investigations unit: WSJ report
A dozen officials in Fannie Mae's ethics and internal investigations unit were among 62 people fired on Thursday, 'The Wall Street Journal' reports, citing anonymous sources
by Matt Carter Oct 31
Fannie and Freddie build net worths for planned Q2 2026 public offering
For the real estate and mortgage industries, it remains to be seen how the new course the Trump administration has set for Fannie and Freddie will impact homebuyers
by Matt Carter Oct 30
Fannie Mae CEO is out, mortgage giant says in surprise announcement
Fannie Mae CEO Priscilla Almodovar was replaced on an interim basis by COO Peter Akwaboah. FHFA Director Bill Pulte fired Freddie Mac CEO Diana Reid in March after board shakeup
by Matt Carter Oct 22
Opendoor CEO Kaz Nejatian with a stylized image of chess pieces and a rising stock graph
Investors who kept the faith even as the iBuyer's stock price was plummeting earlier this summer are being rewarded now with a surge following the announcement of Kaz Nejatian as the new CEO
by Lillian Dickerson Sep 11
Fathom out to raise more than $7M by hiking agent fees, selling shares
The agent fee increases the flat-fee brokerage previously implemented for 2023 haven't stopped Fathom from growing, with Sept. 30 agent count up 13% from a year ago, to 11,333
by Matt Carter Dec 5
Altisource public stock offering will pay off roughly $20M in debt
Shares in the Hubzu operator touched a new 52-week low Friday as the company released details of a plan to pay off a portion of its nearly $200M debt burden by issuing up to 4.6M shares
by Matt Carter Feb 10
Knock moves into 50th market, launches closing guarantee
Knock has announced it will offer Home Swap in Chicago in addition to offering a $5,000 on-time closing promise
by Craig C. Rowe Jul 29
The Compass IPO: Everything you want to know but were afraid to ask
What are the next steps? How do Compass agents stock grants or RSUs work, and when can agents sell their shares? Will going public change the way Compass operates? Inman answers those questions and more
by Patrick Kearns Jan 15
From rumors to reality: The long and winding path to a Compass IPO
Compass' initial public offering has been the source of speculation at both Inman and other media outlets since at least 2017. Here's a look back at the origins of our obsession
by Patrick Kearns Jan 14
Compass officially files paperwork to go public
The company appears to be deploying an initial public offering strategy rather than going public through a special purpose acquisition company
by Patrick Kearns Jan 11
Former Compass agent sues firm over contract 'bait-and-switch'
The lawsuit, filed in California by agent J. Gregory Maffei, allows a glimpse into the kind of contracts the company offers agents, which have drawn the ire of many in the industry
by Patrick Kearns Jan 4
title insurance premiums
Fintech startup reportedly expects to bring in more than $800M in revenue this year as mortgage demand soars
by Andrea V. Brambila Sep 24