Lead counsel for Moehrl targets ‘deceptive practices’ in new real estate industry investigation

Attorneys from Hagens Berman have urged consumers that have sold a home since 2021 with the aid of an “online real estate agent” to reach out to the firm since they may be eligible for compensation as a result of “deceptive practices” by the real estat… Continue reading

RE/MAX taps an industry veteran to revive Motto Mortgage brand

Former PHH Mortgage executive Vic Lombardo was most recently COO of Guaranteed Rate Affinity, a joint venture between nonbank lender Guaranteed Rate and Anywhere Real Estate. Continue reading

Agents aren’t as spooked by tariffs — but clients are in the crosshairs

Clients of real estate agents were more directly affected by tariff policy in July than in previous months as costs began to stack up for U.S. importers. Continue reading

If Fannie and Freddie go public, what happens to mortgage rates?

Impact on rates depends on the structure of rumored IPO. Whatever the plan turns out to be, the Trump administration has stacked the boards at the mortgage giants with its supporters. Continue reading

Back as CEO, loanDepot founder has his work cut out for him

Anthony Hsieh brings back two technology executives after loanDepot, which hasn’t turned a full-year profit since 2021, posts $25 million Q2 loss. Continue reading

‘Meme stock’ surge lifts Opendoor out of delisting danger zone

While shares in rival iBuyer Offerpad also went on a rollercoaster ride in July, the company’s market capitalization remains below the New York Stock Exchange’s $50 million minimum requirement. Continue reading

Rocket seeing ‘awesome early data’ from Redfin acquisition

CEO Varun Krishna says lender has already seen a surge in leads and higher conversion rates from the Redfin deal, thanks to “cross pollination” of leads, agent referrals and mortgage applications. Continue reading

RE/MAX stays profitable as US agent count, revenue decline

RE/MAX’s total agent count grew 2.5 percent from a year ago, to 147,073. But a growing proportion of those agents work outside of the franchisor’s main markets, the U.S. and Canada. Continue reading

RealPage acquires Rexera to serve condo lenders and title agents

A 2024 Inman AI Award winner, Rexera offers customizable AI agents that automate workflows on condo sales by obtaining HOA documents and public records, extracting data and flagging potential issues. Continue reading