The round, led by existing investor Aquiline Technology Growth, will allow Flueid to add more integrations to its verification of title solutions suite and refine its purchase solution. Continue reading
NYC-based Real Brokerage’s second-quarter revenue increased 65 percent year over year to $185.3 million. Despite raising fees in the first quarter, its agent count ballooned 105 percent year over year to 11,500, according to an earnings report. Continue reading
Fathom logged a net loss of $4.3 million during the second quarter, an improvement over the $5.7 million loss logged during the first quarter, according to its earnings report released Wednesday. Continue reading
By WeWork’s own admission, it is unlikely to last as a company much longer. In order to survive, an earnings report said it would need to reduce lease costs and other expenses, increase revenue and find a source of additional capital through debt or eq… Continue reading
Matterport posted second-quarter revenues of $39.6 million — a 39 percent increase from the same period a year earlier that squeaked past analyst estimates of $39.2 million, according to a Tuesday earnings call. Continue reading
“We remain bullish about an increase in activity over the back half” of 2023, Houlihan Lokey Managing Director Chris Hough said during a presentation Tuesday at Inman Connect Las Vegas. Continue reading
United Wholesale Mortgage, the nation’s largest lender, also raised refinancing volume by 23 percent after being hammered by higher interest rates, according to Q2 earnings released Wednesday. Continue reading
At $4.55 billion, loanDepot’s Q2 purchase loan originations were up 30 percent from the first quarter, but down 52 percent from a year ago. Continue reading
“Significant progress” in Federal Trade Commission negotiations have been reported since Black Knight’s Empower loan origination system and Optimal Blue division were cut from the deal. Continue reading
The Detroit-based mortgage giant returned to profitability during the spring homebuying season by slashing costs and boosting its market share in the face of severe inventory shortages. Continue reading