Essent scooping up Finance of America’s title businesses for $100M

The struggling lender’s pivot to reverse mortgages creates an opportunity for the big private mortgage insurer to acquire Agents National Title and Boston National Title. Continue reading

Rogers Healy pulls from Compass to hire first director of operations

The independent brokerage has hired Diyanna Ahuja to lead its team of more than 500 agents, who brings 2 decades of experience in luxury retail operations and real estate to the role. Continue reading

Court refuses Gary Keller’s request to merge John Davis lawsuits

A fraud lawsuit filed by Davis against Keller, Keller Williams and Josh Team will continue separately from a sexual misconduct suit filed by Inga Dow against Davis, Keller, and KW. Continue reading

Purplebricks is a ‘cautionary tale’ for all tech disruptors: DelPrete

U.K.-based Purplebricks remains one of the best examples in the world of a real estate disruptor going from zero to one, according to Mike DelPrete. Here’s what we can learn from its journey.
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SERHANT. says goodbye to top broker Tamir Shemesh

The motivation for Shemesh’s termination was not immediately known and came just over one year after Shemesh and his four-person team moved to SERHANT. from Douglas Elliman. Continue reading

Does the commission lawsuit spell the end for NAR? The Real Word

This week, Byron Lazine and Nicole White are talking about year-end home sales numbers, Jason Oppenheim’s commission lawsuit comments, and the weekly media review Left, Middle, Right. Continue reading

M. Ryan Gorman breaks silence on Coldwell Banker ‘termination’

In a Medium post published on Thursday, Gorman promised to lead by example with a shift into affordable housing projects while revealing new details about his departure from Coldwell. Continue reading

Wells Fargo lays off 140 as it backs out of correspondent mortgages

In a Worker Adjustment and Retraining Notification, the company outlined its plans to reduce its workforce size. The company began executing the plan Tuesday in Springfield, Illinois. Continue reading