Tag Archives: Industry News

Gino Blefari out as HomeServices CEO, Chris Kelly promoted

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Blefari has helmed HomeServices of America for more than five years. Kelly had been serving as an executive vice president before being promoted. Continue reading →

Cofano-led Collabra Technology sells to Adx

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The deal will see industry vet Russ Cofano exit the company. Current COO Margo Fraker take over as chief executive of the company’s B2B efforts. Continue reading →

Shares in Better get a boost from $534M debt restructuring

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Investors bid up mortgage lender’s share price by 21 percent as company says deal with investor investor SB Northstar LP will improve its balance sheet and better position it for growth and a return to profitability. Continue reading →

Maverix Advisory Group names Baur founding board member

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York Baur, formerly CEO of MoxiWorks, has joined the advisory board of real estate technology consulting group Maverix Advisory Group. Continue reading →

Stephen Bough, commission lawsuit judge, refuses to step aside

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Bough suggested demands that he step aside in the Gibson commission case were not raised over ethical issues. The demands focused on political donations to Bough’s wife. Continue reading →

Fannie Mae lays off 100 workers citing unethical conduct

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Fannie Mae has confirmed the dismissal of over 100 employees in connection with a fraud scheme aimed at its charitable matching program. Continue reading →

Fannie Mae lays off 100 workers citing unethical conduct

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Fannie Mae has confirmed the dismissal of over 100 employees in connection with a fraud scheme aimed at its charitable matching program. Continue reading →

Investors surprised by nCino’s $18.6M Q4 loss, cautious guidance

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Shares in cloud banking solutions provider hit new all-time low after company posts guidance that revenue from the company’s main line of business could shrink by as much as 7 percent this year. Continue reading →

RealPage sues Berkeley, California, over rental algorithm ban

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Berkeley passed a local law against rental algorithms last month. RealPage says the rule is unconstitutional and the result of “an intentional campaign of misinformation.” Continue reading →

Agents grow more discontented with their profession, and with NAR

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A new survey shows that fewer agents want to recommend their job to others and that, in the wake of NAR’s commission lawsuit settlement, more are dissatisfied with the trade group. Continue reading →