Tag Archives: Industry News

Impac Mortgage kicked off of NYSE American exchange, shares plunge

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The non-QM lender has kept the doors open by slashing costs and repositioning its retail consumer direct channel, CashCall Mortgage, to be a mortgage broker. Continue reading →

Keller Williams scoops up high-performing Arizona indie

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Chandler-based Infinity & Associates Real Estate did more than a quarter of a billion in volume in each of the last two years, according to Keller Williams. Continue reading →

Keller Williams, Rocket named best companies for diversity: Forbes

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KW, Rocket and Anywhere all landed spots on Forbes’ latest list of best employers for diversity. The news comes amid an ongoing push for greater diversity in real estate. Continue reading →

Sherry Chris, Anywhere executive and real estate titan, retires

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Chris has been a leader at Anywhere for years, most recently as CEO of Anywhere Expansion Brands. She’ll continue on with the firm in an advisory role, she told Inman exclusively. Continue reading →

CoStar Group bucks sluggish market as revenue jumps 13% in Q1

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The company, which in recent years has been making inroads into the residential space, reported that both Homes.com and Apartments.com saw significant growth in the first quarter of 2023. Continue reading →

Redfin calls employees back to the office part-time: ‘No exceptions’

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“Some people will quit over this decision,” Redfin CEO Glenn Kelman told employees on Monday in an internal memo. “No one can say we haven’t made it deliberately.”
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Meet the boomerang agents returning to their old brokerages

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As the battle for agent count stalls amid a slow market, firms such as Compass are seeing former agents, lured away by promises of better tech and more opportunities, come back into the fold. Continue reading →

Fairway loses 8 California branches to rival Guild Mortgage

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The defection of former Fairway division manager John Lowe and 40 colleagues who originated $350 million in loans last year “is equal to that of a mini acquisition.” Continue reading →

New York brokerage owner sues predecessor for alleged fraud

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Yves Jean-Baptiste bought Rapid Realty in 2018, but now says the former owner Anthony Lolli actually used the deal to pawn off a failing business. Continue reading →