Rocket Companies CEO Varun Krishna and Mr. Cooper Chair and CEO Jay Bray.
After turning a $198M Q2 profit, CEO Jay Bray says the loan servicing giant intends to 'hit the ground running' with integrated platform when it merges with Rocket Companies later this year
by Matt Carter Jul 23
Dwiggins on Compass, Zillow and real estate 'Armageddon'
Co-CEO of franchisor NextHome, James Dwiggins, talks about the future of the industry and the debate over NAR's Clear Cooperation Policy ahead of his appearance at Inman Connect San Diego
Rocket reorganizes to close Redfin acquisition, Mr. Cooper on deck
By handling every aspect of homebuying and selling, from search to financing to title and closing, Rocket aims to cut transaction costs on the median priced home in half, from $40k to $20k
by Matt Carter Jun 30
Rocket rolls out bridge loan to win more business from homebuyers
New offering lets existing homeowners tap their equity to buy before they sell and make non-contingent offers to better compete with cash buyers in competitive markets
by Matt Carter Jun 24
Redfin teams up with Thumbtack on home improvement offering
The partnership is meant to help homeowners find tradespeople who can do tasks such as painting, cleaning, HVAC maintenance and more, the companies announced Wednesday
by Jim Dalrymple II Jun 18
Compass names Lacey Conway executive vice president of M&A
Conway joined Compass last spring when Latter & Blum was acquired by the brokerage and has served as a regional vice president since then. Now she will lead M&A strategy
by Lillian Dickerson May 22
Redfin shareholder sues for more information on Rocket merger
Lawsuit seeks class action status to represent Redfin shareholders, claiming they need more information about financial advisor's potential conflict of interest before June 4 merger vote
by Matt Carter May 16
Mortgage lender Lower acquires Movoto and parent OJO
The deal will give Lower greater reach, while also contributing to an 'end-to-end homeownership' platform — increasingly the holy grail of real estate technology
by Jim Dalrymple II May 13
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
Redfin unfazed by 2% revenue drop as it finalizes deal with Rocket
Despite a year-over-year decline in Q1, CEO Glenn Kelman voiced confidence in a statement on Tuesday as Redfin continued to finalize its $1.75B all-stock merger with Rocket Companies
by Marian McPherson May 6
Howard Hanna CEO Hoby Hanna: 'NAR sold industry down the river'
Hanna slammed the National Association of Realtors' MLS rules in a conversation with Inman prior to the Gibson settlement last week, saying Clear Cooperation and IDX limit broker innovation
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
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
Gino Blefari out as HomeServices CEO, Chris Kelly promoted
Blefari has helmed HomeServices of America for more than 5 years. Kelly had been serving as an executive vice president before being promoted
by Jim Dalrymple II Apr 15
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