Tag Archives: Industry News

NAR (and now Compass) settled. Y’all had thoughts: The Download

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Real estate professionals respond in the aftermath of NAR’s big commission lawsuit settlement and Compass’ brand new one. Continue reading →

ICE on a signing spree for new ‘mortgage tech ecosystem’

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In pursuit of a bigger slice of an estimated $14 billion market after Black Knight acquisition, Intercontinental Exchange signs 37 new Encompass clients and four new servicing clients. Continue reading →

How commission chaos divided the real estate industry into 4 factions

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The verdict in the monumental Sitzer | Burnett commission case in Missouri — plus oversight by federal regulators — has splintered the industry as it scrambles to figure out how to move forward. Continue reading →

Agents storm TikTok with flood of complaints after NAR settlement

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Since Friday, real estate agents have been arguing on the video sharing platform that the recent commission suit settlement is likely to hurt both homebuyers and the agents who represent them. Continue reading →

WATCH LIVE: Ed Zorn, NextHome CEO on the $418M NAR settlement

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NextHome CEO James Dwiggins, Strategic Officer Keith Robinson and Ed Zorn, the California Regional MLS general counsel, tackle NAR’s big settlement. Stream it live, exclusively at Inman. Continue reading →

LGBTQ+ Real Estate Alliance launches anti-LGBTQ bill tracker

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Almost two years after launching its “Article 10 Rule” campaign, the LGBTQ+ Real Estate Alliance has upped the ante with a new website that tracks anti-LGBTQ legislators who’ve received funding from the National Association of Realtors’ lobbying arm, t… Continue reading →

Fathom Realty added 1,425 agents after raising fees last year

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Fathom posted a $24 million annual loss during a Q4 and 2023 earnings call Thursday afternoon, with executives saying the brokerage’s transaction volume dropped less than the industry overall. Continue reading →

Title technology provider Doma posts $124M 2023 net loss

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CEO Max Simkoff says the company is well positioned to help lenders take advantage of the Biden administration’s push to reduce closing costs for mortgage borrowers. Continue reading →

Guild Mortgage shrugs off 2023 loss as it pursues acquisitions

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The San Diego-based lender has completed five acquisitions in the past 18 months, unfazed by a 21 percent drop in mortgage originations and $39.1 million 2023 net loss. Continue reading →

LoanDepot trims 2023 net loss by 37%, retains ‘strong liquidity profile’

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As mortgage rates soared last year, loanDepot saw 2023 loan origination volume plunge by 58 percent from the year before, to $22.7 billion. Continue reading →