Discrimination still holding back LGBT homeownership: report

Many members of the LGBT community report experiencing discrimination, and the homeownership rate for the community is a paltry 49 percent. Continue reading

App-based brokerage Torii closes on more funding, launches LA operations

Most Torii real estate agents are salaried employees with benefits and full marketing support. The company is focused on becoming a single provider for all homebuyer needs. Continue reading

Black Knight acquires analytics firm eMBS Inc.

Real estate data provider Black Knight has acquired eMBS Inc., a Tampa-based company that tracks the performance of nearly $7.5 trillion in mortgage-backed securities backed by Fannie Mae, Freddie Mac and Ginnie Mae. Continue reading

The Real Word: $136M Montana ranch sets record

Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. In this edition of The Real Word, they’ll discuss NAR’s controversial proposal, the sale of Climbing Arrow Ranch and an agent who tested out the Knoc… Continue reading

Genworth postpones IPO of its mortgage insurance business

Citing volatile trading in shares of mortgage insurers, Genworth Financial has postponed plans to sell off part of its mortgage insurance subsidiary in an initial public offering. Continue reading

Blackstone Group, TruAmerica buy 5,800 apartments in San Diego

In what’s believed to be one of the biggest real estate deals in San Diego County history, the investment firm says it plans to spend $100 million renovating the properties. Continue reading

Realogy clutches top spot on T3 Sixty’s 2021 Mega 1000 list

Realogy secured the top spot on T3 Sixty’s Mega 1000 list with $184 billion in 2020 sales volume. However, brokerages with alternative models are closing the gap. Continue reading

Guild Mortgage acquires foothold in the Northeast

After going public last fall, Guild Mortgage is expanding its footprint into the Northeast with an agreement to acquire South Portland, Maine-based Residential Mortgage Services Holdings Inc. for roughly $197 million. Continue reading

Opendoor bounces back in first quarter after pandemic-driven downturn

The beginning of 2021 was better for the iBuyer than the end of 2020, though it still has a ways to go before reaching its pre-pandemic strength. Continue reading