Porch Group bolsters executive team as profits keep rolling in

Property insurance and home warranty provider announces four additions to its executive team to keep the momentum going after putting together two consecutive profitable quarters. Continue reading

Inside Real Estate acquires AI marketing startup ListAssist

The deal, which comes on the heels of its purchase of Folio parent company Amitree in 2024, aims to build on Inside Real Estate’s consumer search, executives told Inman exclusively on Thursday. Continue reading

Fathom Realty lifts agent count by 21% — but posts $22M loss in 2024

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

Srivatsaa steps down as Real president, opts for Board seat

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

LoanDepot shares slip on $67M Q4 2024 net loss, tepid Q1 outlook

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: Redfin acquisition will cut consumer transaction costs by half

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 secures $20M in Series B funding round

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 to purchase Redfin in $1.75B all-stock deal

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

US home lending giant Rocket Mortgage bidding Canada adieu

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

Hsieh returns to LoanDepot as Frank Martell steps down as CEO

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