Suit accuses NAR and its president of sexual, racial discrimination

The suit claims NAR fired a Black employee after she broke off a relationship with then-president-elect Kenny Parcell. NAR said it rejects the claims. Continue reading

Real estate debt marketplace PeerStreet files for bankruptcy

The company intends to sell “substantially all of its assets,” including its technology platform to pay creditors that include thousands of retail investors. Continue reading

Real estate debt marketplace PeerStreet files for bankruptcy

The company intends to sell “substantially all of its assets,” including its technology platform to pay creditors that include thousands of retail investors. Continue reading

NAR kicks off nationwide search for ‘diverse’ CEO candidates

Applications to become the 1.5 million-member trade group’s 13th chief executive will be accepted through July 31, the National Association of Realtors announced. Continue reading

The Agency brings 1st office in North Carolina to Charlotte

Industry veteran Erika Mendoza will serve as managing partner and broker in charge, and Abigail Hines Miller will also serve as managing partner, according to the company. Continue reading

Compass nabs top-performing Coldwell Banker agent

Tacoma’s Margo Hass Klein joined Compass this week, according to the company. She’s the latest in a string of Coldwell Banker agents who decamped for Compass this year. Continue reading

Planet Home Lending acquires $10B in mortgage servicing rights

The bulk acquisition of servicing rights to 45,000 Ginnie Mae loans brings Planet’s servicing portfolio to $94 billion, with more purchases eyed for 2023. Continue reading

Newzip helps mortgage lenders connect borrowers to agents

Former Keller Williams Realty exec’s startup enables virtually any mortgage lender to emulate programs offered by bigger rivals, such as Rocket Mortgage, loanDepot and Better. Continue reading

NAR CEO Bob Goldberg plans to retire at the end of 2024

Bob Goldberg’s contract will expire on Dec. 31, and the executive plans to retire after three decades at NAR and four decades in real estate, according to the National Association of Realtors. Continue reading

Truist puts former Keller Williams exec in charge of home loans

David Smith will oversee Truist’s direct, correspondent and warehouse mortgage channels as well as servicing for more than 1.2 million homeowners. Continue reading