Blend cuts nearly 30% of workforce in blistering 4th round of layoffs

Blend also announced the resignations of President Timothy Mayopoulos, Head of Finance Marc Greenberg and Head of Legal Crystal Summer amid a round of cuts impacting about 340 workers. Continue reading

Defy Mortgage launches as new player in non-QM lending

Nashville, Tennessee-based lender to serve entrepreneurs and gig workers nationwide is accepting alternative forms of income and assets including cryptocurrency. Continue reading

Anywhere lays off more workers, announces end of RealSure iBuyer

The company has slashed its workforce by 11 percent since last June, according to U.S. Securities and Exchange Commission filings. The moves come following months of housing market declines. Continue reading

DFCU Financial to offer mortgages to buyers on Florida’s Gulf Coast

The Michigan-based credit union expands into Florida by closing a merger with Tampa-based First Citrus Bank. Full product and service integration is expected by mid-2023. Continue reading

Side hires Zillow veteran Stephen Capezza to serve as president

Capezza joins Side during a period that has proven challenging for the broader real estate industry and “is the exact right person to help guide Side through the next phase of our growth,” the company said. Continue reading

CIBM Bank out to double mortgage originations with new hires

The Illinois-based bank is adding 30 new mortgage loan officers and expanding into Arizona, Connecticut, Florida, Massachusetts, New York and Rhode Island. Continue reading

Glenn Sanford steps in as eXp Realty CEO; Jason Gesing takes on new role

Sanford will helm the company’s brokerage while Gesing, who had served as its chief executive officer, will shift into an expanded role as chief industry relations officer for eXp World Holdings. Continue reading

Corcoran Reverie lures Florida’s Cindy Cole from Keller Williams

Cole will help Corcoran Reverie grow its luxury real estate footprint in Destin, Florida, and ranks among the top one-half of 1 percent of real estate agents by sales volume, according to a report. Continue reading

Inman’s 2022 Person of the Year: The Howard Hanna family

Three generations of Hannas have grown the family business from a small mom-and-pop brokerage into a juggernaut with 15,000 agents and 400 offices. Continue reading

Mortgage finance veteran Nick Smith joins Voxtur’s board

The mortgage data analytics provider that is pioneering attorney title opinion letters had previously expanded digital asset capabilities with a $101 million Blue Water acquisition. Continue reading