Tag Archives: Industry News

Vamos a Guatemala! KW expands in Central America

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The company is opening its first franchise in the Central American country amid an ongoing push to expand in new global locations. Continue reading →

Infamous investor Patrick Carroll arrested in Wyoming

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Multifamily investor Patrick Carroll was arrested in Wyoming this week due to a warrant issued for aggravated stalking charges in Florida. The investor was recently in Massachusetts for mental health treatment. Continue reading →

Profits roll in at Mr. Cooper as it pursues tech-fueled growth

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Deal to acquire Flagstar’s mortgage servicing business and correspondent lending platform is projected to grow Mr. Cooper’s servicing portfolio to $1.59 trillion. Continue reading →

CoStar acquires management platform Visual Lease

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Visual Lease makes a platform serving more than 1,500 corporate clients. The acquisition bolsters CoStar’s core commercial real estate business. Continue reading →

Maine team jumps to eXp Realty, citing commission suits as a reason

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Steven Brackett and his 36-agent team have moved to the virtual brokerage. Brackett cited tools and training, as well as the commission lawsuits, as reasons that convinced him to make the move. Continue reading →

The real estate industry is more politically split than you think

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Amid a tumultuous year for the real estate industry, Realtors have donated millions to political causes — and Democrats have managed to collect more than Republicans from the industry’s rank and file. Continue reading →

Flagstar shedding 1,900 workers, but many could land at Mr. Cooper

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A majority of the 1,200 Flagstar employees being let go in $1.4 billion sale of the company’s mortgage servicing business will be offered the opportunity to transfer to Dallas-based Mr. Cooper. Continue reading →

PrimeLending just hired a rival’s CEO to be its new head of growth

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Former Benchmark Mortgage CEO Brian McKinney has been charged with driving company growth following the launch of a more inclusive mortgage underwriting process and home equity product. Continue reading →

Compass scoops up NYC star agent from The Agency

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Daniel Blatman also previously worked at Douglas Elliman and Triplemint. He joins Compass during a period of intense competition for top-producing agents. Continue reading →

RLTYco poised for growth with 2 new executive hires

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Eric Zollinger has newly been named head of sales and Marcelo Lavanhini chief financial officer, RLTYco has informed Inman. The hires were made as RLTYco preps to expand its services into major luxury markets across the country. Continue reading →