Tag Archives: Industry News

LoanDepot founder Anthony Hsieh ousted as executive chairman

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The founder is in a spat with the board after nominating real estate veteran Steve Ozonian to serve on the floundering mortgage lender’s board of directors. Continue reading →

OJO nets $200M via sale of Canadian operations, new debt raise

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The company is selling its Canadian operations to Royal Bank of Canada, while also raising new funds from Vista Credit Partners. Continue reading →

Builders are pulling their hair out. Why do investors still love them?

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To get a clearer picture of where things stand for builders — and where they’re headed for investors — Inman compiled financial results from the nation’s five largest publicly traded homebuilders. Continue reading →

Floor plan startup Cubicasa inks partnership with growing Utah MLS

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UtahRealEstate.com is the latest multiple listing service to partner with CubiCasa on free floor plans and discounts on property analytics and the startup’s database of real estate photographers. Continue reading →

Amerant Mortgage launches Midwest hub in St. Louis, Missouri

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Florida’s largest community bank, Amerant Bank, continues to grow the national footprint of its mortgage subsidiary, Amerant Mortgage, through acquisitions. Continue reading →

Essent scooping up Finance of America’s title businesses for $100M

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The struggling lender’s pivot to reverse mortgages creates an opportunity for the big private mortgage insurer to acquire Agents National Title and Boston National Title. Continue reading →

Purplebricks is a ‘cautionary tale’ for all tech disruptors: DelPrete

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U.K.-based Purplebricks remains one of the best examples in the world of a real estate disruptor going from zero to one, according to Mike DelPrete. Here’s what we can learn from its journey.
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Does the commission lawsuit spell the end for NAR? The Real Word

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This week, Byron Lazine and Nicole White are talking about year-end home sales numbers, Jason Oppenheim’s commission lawsuit comments, and the weekly media review Left, Middle, Right. Continue reading →