Tag Archives: Industry News

Amid growing insurance crisis, Farmers pulls out of Florida

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A number of insurance providers have left Florida over the last year, apparently driven away thanks to extreme weather and a challenging legal landscape. Continue reading →

Figure powering HELOCs for 4 more independent mortgage banks

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As it continues to sign private label partners for its blockchain-powered loans, Figure says it’s provided more than $6 billion in HELOCs to roughly 85,000 households. Continue reading →

Woman withdraws case accusing NAR, Kenny Parcell of harassment

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Janelle Brevard initially sued the National Association of Realtors, claiming her firing was a form of harassment and retaliation. The case ended Thursday, though many questions still remain. Continue reading →

Guaranteed Rate buys out partner in mortgage joint venture, Premia

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Relocation and moving services provider Sirva Worldwide Inc. has agreed to sell its stake in Troy, Michigan-based Premia Relocation Mortgage LLC for an undisclosed sum. Continue reading →

The stories and trends that defined a whirlwind first half of 2023

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Intel takes a look back at the market trends, brokerage strategies, Wall Street happenings and legal controversies that shook the past six months and could well define the remainder of 2023. Continue reading →

Mauricio Umansky separates from wife Kyle Richards: Report

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Umansky, the founder of luxury brokerage The Agency, has been married to The Real Housewives of Beverly Hills star for decades, and over the years the duo became reality TV stars together. Continue reading →

8% of buyers got down payment help from family this year: Survey

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A new survey of 1,700 real estate agents this spring found that homebuyers in the Northeast and in Southern California were the most likely to get financial help from their family. Continue reading →

Doma hopes to keep its place on NYSE with reverse stock split

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Shares in digital title and closing provider climb above $5, and the company will stay listed if its share price remains above $1 for the next 30 trading days. Continue reading →

NAR pushes back on harassment claim amid growing agent backlash

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The National Association of Realtors tapped an independent law firm to investigate sexual and racial harassment allegations, ultimately choosing to “reject” claims made by a former employee. Continue reading →

Compass’ luxury division launches new global referral program

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Compass Luxury Division has teamed with Paris-based luxury firm BARNES International to develop a new referral program, according to the company. Agents from both brokerages will send and receive referrals from each other for an undisclosed fee. Continue reading →