Fathom CEO Marco Fregenal says growth from My Home Group deal and smaller brokerage walkovers has company on track to achieve positive adjusted earnings in Q2 2025. Continue reading
Sharran Srivatsaa is stepping away from his role as President of The Real Brokerage to assume a seat on the company’s board of directors. The brokerage stated the move will become effective on June 1, 2025, pending corporate approvals. Continue reading
While mortgage originations were up 34 percent from a year ago, to $7.2 billion, company executives said they don’t expect lending to surpass $5.5 billion in Q1 2025. Continue reading
Rocket executives say that a whopping $20,000 in savings from unifying home search, buying, selling, mortgage, title and servicing could allay antitrust concerns and keep regulators at bay after the deal closes. Continue reading
Tomo Mortgage, an AI-powered digital mortgage lender, has secured $20 million in a Series B funding round, bringing its total investment to $130 million, company executives announced Tuesday. Continue reading
Rocket Companies announced Monday its plans to acquire Redfin in an all-stock transaction valued at $1.75 billion in equity. This acquisition will integrate Redfin’s home search platform, which features over 1 million listings and a network of 2,200 ag… Continue reading
Canadian mortgage strategist blames the country’s securitization market, which allows the country’s six biggest banks to sell mortgages to investors but is closed to smaller lenders. Continue reading
Martell will transition into a board advisory role by June and Anthony Hsieh will return to the executive leadership team after the board ousted him in 2023, officials announced Thursday. Continue reading
The trade group wants to replace the polarizing National Association of Realtors rule with what it’s calling a “Clear Collaboration Policy,” which it says would be more flexible than the status quo. Continue reading
The co-founder of the American Real Estate Association, a competitor to NAR, told Inman his upstart trade organization has held two recent events and started talks with potential sponsors. Continue reading