Tag Archives: Industry News

Anywhere vet Simon Chen is new CEO of bridge loan provider Arrival

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The San Francisco-based startup lets homeowners tap their equity to obtain bridge loans and submit a “cash-equivalent offer” on their next home. Continue reading →

Compass nabs ‘star’ New York City agent and team from SERHANT.

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Maggie Wu is the latest of many agents to “boomerang” back to Compass after briefly leaving for another company. She leads the 4-person W Team which closed $102 million in sales last year. Continue reading →

Doma sells off more title operations in Texas and Midwest

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Deals with Capital Title of Texas and Near North Title Group follow the sale of 22 retail title locations and operations centers in California to Williston Financial Group in May. Continue reading →

Here’s how CoStar can beat Zillow and win the real estate portal wars

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CoStar is already borrowing a page from other big insurgent companies including Nike, Apple and Pepsi. But whether it can surpass Zillow may depend on how much it spends, analysts told Intel. Continue reading →

Century 21 to host 1st-ever International Week of Giving

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From July 24 to 28, Century 21 and its affiliated companies will raise money for nonprofits that address food, healthcare and education inequalities. C21 corporate has pledged to match up to $50K in donations to longtime nonprofit partner, Easterseals. Continue reading →

Angelo Mozilo, symbol of subprime mortgage lending, dies at 84

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The co-founder of Countrywide Financial cast himself as the leader of the revolution to expand access to mortgage lending but became the public face of the subprime mortgage collapse. Continue reading →

Clarence Thomas took gift from 2nd billionaire with real estate ties

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Decades before accepting travel from real estate developer Harlan Crow, the Supreme Court justice received a Super Bowl ring from Dallas Cowboys owner Jerry Jones, according to reports. Continue reading →

Demand for urban homes will be ‘muted’ for years: McKinsey

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Consulting firm McKinsey & Company has found that pandemic-induced hybrid work is here to stay, for better or worse, ensuring permanent consequences for real estate agents in larger cities. Continue reading →

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 →