Real estate's hottest hookups amid merger mania: The Download
Compression trumps competition as real estate industry heavyweights look for their perfect partners and set themselves up for strength and success in the years ahead
by Christy Murdock Mar 21
Compass negotiating to buy Berkshire Hathaway HomeServices
The deal is reportedly nearing the finish line, though the companies have not agreed on final terms
Robert Reffkin in Nashville
Compass CEO Robert Reffkin argued against Clear Cooperation Wednesday during an Inman on Tour session in Nashville while warning that 'data is the new oil' amid predictions of a national MLS
by Jim Dalrymple II Mar 12
Rocket: Redfin acquisition will cut consumer transaction costs by half
Rocket executives say unifying home search, buying, selling, mortgage, title and servicing could net $20K in savings — which might allay antitrust concerns and keep RESPA regulators at bay
by Matt Carter Mar 11
Krishna, Kelman dish on the future of 'the Rocket-Redfin experience’
Rocket CEO Varun Krishna and Redfin CEO Glenn Kelman share why they've agreed to merge as part of a $1.75B acquisition. AI, data and a complete consumer experience were at the center
by Taylor Anderson Mar 11
US home lending giant Rocket Mortgage bidding Canada adieu
Canadian mortgage strategist blames the country's securitization market, which allows the country's 6 biggest banks to sell mortgages to investors but is closed to smaller lenders
by Matt Carter Mar 7
Rocket's $649M Q4 profit puts the company in the black for 2024
In a difficult year for real estate, Rocket Mortgage grew closed loan volume by 29%, to $101.2B. Higher profit margins on those loans helped boost net revenue by 34%, to $5.1B
by Matt Carter Feb 28
Rocket Companies takes Super Bowl ad rivalries to new heights
Mortgage giant's 60-second 'Own the Dream' Super Bowl ad featured a live singalong by thousands of fans in New Orleans to John Denver's 'Take Me Home, Country Roads'
by Matt Carter Feb 10
Catch up on the best of Inman Connect New York: The Download
ICYMI, here are the must-know insights and can't-miss controversies straight from the stage of Inman Connect New York
by Christy Murdock Jan 25
Rocket consolidates home search, mortgage with Rocket.com launch
Announced Wednesday, Rocket's new domain targets high-intent homebuyers by utilizing AI to provide around-the-clock support, answer questions and keep clients and agents informed
by Matt Carter Jan 22
Mortgage rates ease on benign December inflation report
Investors bid up shares of mortgage lenders and real estate companies after 'relatively benign' CPI report ends speculation that inflation worries might force the Fed to raise rates this year
by Matt Carter Jan 15
5 real estate stories you might have missed during the holidays
In case you missed it, here are 5 stories from the holiday season that you may want to get caught up on, including a roundup of predictions from some of the real estate world's biggest players
by Christy Murdock Jan 2
Rocket is deploying scalable AI across an entire fintech platform
Ahead of his Connect NYC appearance, CEO Varun Krishna details the mortgage giant's ambitious goals to grow its purchase loan business in 2025 by building closer ties to real estate agents
by Matt Carter Dec 26
Rocket accused of using 'kickback scheme' to attract more borrowers
The Consumer Financial Protection Bureau claims Rocket gave real estate agents incentives to steer consumers away from other companies. Rocket calls the allegations a 'lie' and political ploy
by Jim Dalrymple II Dec 24
Rocket hires Venmo, PayPal vet to lead product engineering teams
Papanii Okai will help the mortgage giant harness artificial intelligence and build out the fintech platform that connects its real estate, credit card and personal finance subsidiaries
by Matt Carter Oct 7