Tag Archives: Industry News

Quicken Loans agrees to pay HUD $32.5M

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Quicken Loans confirmed today it has agreed to pay the U.S. Department of Housing and Urban Development $32.5 million to resolve a multi-year legal battle between the lender and HUD. Continue reading →

The Real Word: Realtor.com CEO out

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Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, after five years, the CEO of Move Inc. (operator of realtor.com), Ryan O’Hara, is stepping down for a position in another industry. Continue reading →

Trump admin blocking undocumented immigrants from FHA loans

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A Trump administration official confirmed this week that the Federal Housing Administration is not providing mortgages to undocumented immigrants who arrived in the U.S. as children. Continue reading →

Realtor.com opening new Opcity tech hub in downtown Austin

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Opcity, the real-estate lead generation platform owned by News Corp. subsidiary and Realtor.com operator Move Inc, will soon have a second office in Austin. Continue reading →

Zillow Offers listings grow, surpassing Offerpad, gaining on Opendoor

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In a little more than a year, Zillow Offers has quickly expanded to 11 markets nationwide, and the number of homes it has listed for sale at any given time is rising rapidly, catching up to other major rival “iBuyers” and even exceeding them in some ca… Continue reading →

Largest NorCal multiple listing service hit by cyberattack

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MetroList, the largest multiple listing service in Northern California, was hit by a cyberattack this week, leaving its more than 20,000 agent and broker subscribers without a fully-functioning MLS for a day and a half and counting. Continue reading →

HGTV kicks off annual Ultimate House Hunt competition

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The eighth annual HGTV Ultimate House Hunt, a collaboration between HGTV, Leading Real Estate Companies of the World and Luxury Portfolio International, is officially set to kick off on Wednesday, June 12.  Continue reading →

Real estate is at a ‘tipping point,’ analyst says

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Traditional models shouldn’t be fully counted out, but they need to change, according to John Campbell. He’s downgraded Realogy’s target share price from $16 per share to $8 per share and lowered RE/MAX’s target stock price from $45 per share to $37 pe… Continue reading →