DOJ inquiry delays settlement-related document rollout at CAR

The California Association of Realtors postponed the release of 21 forms this week after receiving feedback from members — and an inquiry from the U.S. Department of Justice. Continue reading

Fathom’s Verus Title subsidiary acquires LW Traveling Title

Fathom Holdings beefs up title coverage in three states with “strategic addition” to geographic footprint, acquiring nine-person title agency with offices in Utah, Colorado and Virginia. Continue reading

Coldwell Banker bottles up top-producing wine country agent

Sonoma County-based Rob Sullivan most recently worked at Vanguard Properties, and spent several years at Coldwell Banker before that. Continue reading

Knock integrating bridge loans into partners’ prequal processes

NFM Lending is the first to take advantage of Knock API integrations, which let loan officers know if homebuyers can tap the equity in their existing home and buy before they sell. Continue reading

Glenn Sanford, eXp named again as defendants in sex assault suit

After a judge previously dismissed Sanford and eXp from the case, the woman behind the suit is seeking to more clearly connect them to the misdeeds of now-former agents. Continue reading

Are renters beating the system with Bilt Mastercard rewards card?

Card issuer Wells Fargo is losing as much as $10 million a month as it eats interchange fees for users who are paying off balances after paying their rent, “The Wall Street Journal” reports. Continue reading

Gitcha leverages proposed NAR settlement to bolster buyers

A new company called Gitcha has launched which prioritizes an active buyer’s needs in the same way a portal advertises available listings. It’s active in the greater Phoenix MSA, including Scottsdale. Continue reading

Newrez laying off nearly 500 workers after Rithm acquisitions

Pending layoffs of 420 Newrez employees in Colorado and 53 workers in Florida follow $1.4 billion in acquisitions as parent company Rithm seeks to diversify beyond mortgage lending. Continue reading

Flyhomes joins portal wars with launch of AI-powered search

Cash-offer pioneer Flyhomes says it will partner with agents to expand nationwide after acquiring “conversational real estate search” tech from ZeroDown, hiring co-founders Laks Srini and Abhijeet Dwivedi. Continue reading

Recruiting wars continue as Coldwell nabs Compass agent

Vicky Yu closed more than $63 million in sales last year. Her move to Coldwell Banker comes as brokerages continue an intense competition for top talent. Continue reading