Parent company of Veritex Community Bank, which paid $54.9 million to acquire a 49 percent interest in Thrive Mortgage in 2021, expects a $25 million to $30 million loss if the deal closes. Continue reading
Hart joined Compass in 2020. After his departure, the fast-growing brokerage will eliminate the role of chief operating officer. Continue reading
People who left Keller Williams for a competitor have begun receiving letters telling them that their profit share earnings will be reduced from 100 percent to 5 percent. Continue reading
CEO Mike Nolan says FNF has resumed normal operations, and that customer disruption from the cybersecurity incident was “relatively brief” and included the Thanksgiving holiday weekend. Continue reading
Fee increases the flat-fee brokerage implemented for 2023 haven’t stopped Fathom from growing, with Sept. 30 agent count up 13 percent from a year ago, to 11,333. Continue reading
Suzanne Bouhia will shape NAR’s communication strategy as the organization deals with lawsuits, scandal and a harrowing year in real estate. Continue reading
The company is the latest of several to step away from the National Association of Realtors, which has suffered both a scandal and legal defeats in recent months. Continue reading
Longtime Berkshire Hathaway Vice Chairman Charlie Munger died on Tuesday. Munger was credited with building Berkshire Hathaway into the behemoth it is today, which includes an expansive portfolio of real estate and insurance companies. Continue reading
The Georgia suit accuses NAR and major real estate companies of conspiring to keep commissions high. It’s also the latest in a string of new cases following the Sitzer | Burnett verdict. Continue reading
An amended complaint from former Keller Williams CEO John Davis now accuses the company and its co-founder of embezzlement. Continue reading