Tag Archives: Industry News

EXp punches back over criticism of ‘sweetheart’ commission deal

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The virtual brokerage argued Tuesday that it’s settlement wasn’t too small, and asked a court to reject attempts to force it back to the negotiating table. Continue reading →

LoanDepot is back in the black for the first time since Q4 2021

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Beleaguered lender ekes out $2.67 million third quarter profit, with loan originations up 9 percent from a year ago as refinancings bounce back on retreat in rates. Continue reading →

Former California indie brokerage Lyon rebrands to Windermere

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The Sacramento-based company will operate using the name “Windermere Signature Properties” nearly four years after its acquisition. The firm boasts more than 700 agents, as well as 14 offices. Continue reading →

Realtor.com CEO pleads with US leaders to save homeownership

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Realtor.com launched the latest chapter of its eight-month buyer agency campaign on Tuesday with a passionate open letter from CEO Damian Eales. In the letter, Eales urged local, state and federal legislators to use their upcoming terms to meaningfully… Continue reading →

Offerpad dialed back its iBuyer acquisitions by 49% in Q3

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Having slashed operating expenses by 40 percent from a year ago, the iBuyer has its sights set on boosting home purchases to 1,000 per quarter on lower cost structure. Continue reading →

Fathom Realty adds 2,200 agents with My Home Group acquisition

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Scottsdale, Arizona-based brokerage will continue to operate under the My Home Group brand, with co-founders Jereme Kleven and Mark Hutchins staying on to oversee daily operations. Continue reading →

Falling rates help boost Fannie and Freddie loan volumes, net worths

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Mortgage giants Fannie Mae and Freddie Mac provided backing for $164 billion in purchase mortgages in Q3, up 10 percent from Q2, while growing combined net worths to $147 billion. Continue reading →

Josh and Heather Altman leaving ‘Million Dollar Listing Los Angeles’

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Power couple calling it quits after 13 years and 11 seasons on the hit reality real estate show. “We were babies when we started the show,” Josh Altman told “People.” Continue reading →

Judge grants final approval to 9 commission lawsuit settlements

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Judge Stephen Bough granted approval for settlements involving Compass, Douglas Elliman, @properties and other companies. Collectively, the companies will pay $110 million to resolve the litigation. Continue reading →

Inman expands coverage of built world with Blueprint acquisition

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Inman plans to invest further into Blueprint to continue its growth in advance of the next Blueprint Vegas, Sept. 16-18, 2025. Continue reading →