Q1 not so bad after all, nCino says in surprise sneak peek at earnings

In notifying shareholders of its upcoming June 18 annual meeting, the company detailed $49.8 million in restricted stock awards granted to five top executives over the past three years. Continue reading

Most homebuyers see a recession ahead. Some are even asking for it

Nearly twice as many Realtor.com visitors say they would be more likely to buy if a recession hits compared to the share who say they’d be less likely to buy if the economy fails, new polling shows. Continue reading

Mortgage rates surge on Moody’s downgrade of US credit rating

Moody’s Ratings is the last credit agency to strip U.S. of most favorable debt rating over concerns that Congress and “successive U.S. administrations” have failed to tackle annual budget deficits, growing interest costs. Continue reading

Consumer sentiment is hurting, but economy hasn’t faltered

The University of Michigan Index of Consumer Sentiment slipped to 50.8 in May, its second lowest reading ever, as Americans fretted about tariffs, inflation and the job market. Continue reading

Redfin shareholder sues for more information on Rocket merger

Lawsuit seeks class action status to represent Redfin shareholders, claiming they need more information about financial advisor’s potential conflict of interest before June 4 merger vote. Continue reading

Homebuyers out in force for a 2nd week as mortgage rates stabilize

With more homes to choose from, purchase loan applications were up 18 percent from a year ago last week as buyers forged ahead despite economic uncertainty. Continue reading

Fathom Realty CEO says company will be ‘EBITDA positive’ in Q2

New Elevate program providing “concierge-level services” to agents is off to such a strong start that Fathom will temporarily suspend guidance while it reworks 2025 forecast. Continue reading

Appraisal Institute rocked by NYT exposé, lawsuits by former execs

Professional association is fighting accusations that it knowingly reported inaccurate exam scores to state agencies and ignored a top executive’s alleged sexual harassment of multiple employees. Continue reading

CFPB rescinds dozens of policies as court battle over its fate rages on

A hearing on an order barring the Trump administration’s move to fire all but 200 of the CFPB’s 1,700 employees is set for Friday, with Democrats calling it an attempt to dismantle the bureau. Continue reading

This credit union has been sending leads to Anywhere for 36 years

Navy Federal RealtyPlus commission rebate program turns the credit union’s 14.5 million members into “high quality leads” for Better Homes and Gardens, Century 21, Coldwell Banker, Corcoran, ERA and Sotheby’s agents. Continue reading