RentSpree releases new income verification reporting tool

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RentSpree’s latest reporting product is designed to help property management providers more accurately verify the income of lease applicants. Continue reading →

LoanDepot boosts revenue, sells servicing to restructure debt

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Pending $25 million settlement of January cyberattack adds to $66 million second-quarter net loss, but executives say they’re in a better position to grow after selling $29 billion in mortgage servicing rights. Continue reading →

Consumer watchdog advises buyers to pay agents ‘2% or less’

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The Consumer Federation of America also tells consumers not to agree to pay an agent just to see a home, but to sign a touring agreement with no financial obligation instead. Continue reading →

UWM shares at 3-year high on prospect of refi ‘mini boom’

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In Q2 earnings, the nation’s largest mortgage lender posted a healthy $76 million profit, paid down debt, and said it’s in prime position to capitalize and grow as mortgage rates drop. Continue reading →

Tell us about your biggest Inman Connect Las Vegas takeaways

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An inspiring keynote? A stellar panel? We want to know what you saw, heard or read from ICLV that changed your perspective and your business. Continue reading →

Matterport revenue grows, losses improve during Q2

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Total revenue grew to $42.2 million during the second quarter of 2024, up from $39.6 million the previous year, as the company worked to increase its market share. Continue reading →

Redfin sees Q2 revenue rise, while losses remain nearly flat

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The company saw revenue climb 7 percent to $295.2 million between April and June, but it also lost $27.9 million — just a hair above its Q2 2023 loss. Continue reading →

Travelers spent $21.2B booking through Airbnb last quarter

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The leading short-term rental platform told investors that its share of revenue grew by 11 percent to $2.75 billion in the second quarter of this year. Travelers made 125.1 million total bookings in three months. Continue reading →