Ribbon partners with Coldwell Banker Heritage for Ohio launch

Ohio is the sixth new state the New York-based Power Buyer has added this year, giving it a presence in 13 states. Continue reading

Homebuyer sentiment hits new low for 3rd month in a row

Although 76 percent said it was a good time to sell, rising mortgage rates are likely to make some would-be sellers reluctant to give up their existing mortgage. Continue reading

Power Buyer Knock revamps board of directors

Representative of NAR’s venture capital arm, Second Century Ventures, will serve as an observer on Knock’s board of directors. Continue reading

Loan servicing giant Mr. Cooper lays off another 420 workers

Investors warned of “break even” second quarter as rising mortgage rates put a bigger-than-expected dent in loan originations. Continue reading

From ‘Better’ to worse: Real estate companies making layoffs so far

With a few exceptions, the layoffs have so far largely been confined to companies providing mortgages and mortgage-related services like title and closing. Continue reading