Tag Archives: Industry News

Blend trims Q1 loss as $37.3M in revenue beats guidance

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While the mortgage industry has been shrinking, Blend says it has been building its market share, processing 23.2 percent of mortgages originated in H2 2022. Continue reading →

WeWork takes bite out of losses as debt overhaul starts to pay off in Q1

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The co-working behemoth posted a net loss of $299 million in the first quarter, a $205 million improvement from a year earlier, according to Q1 earnings data released Tuesday morning. Continue reading →

EasyKnock acquires Ribbon in bid to launch national marketplace

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The sale-leaseback platform plans to launch a marketplace later this year designed to serve homesellers and buyers, both individuals and investors, EasyKnock revealed to Inman exclusively. Continue reading →

Luxury agent Taylor Middleton exits SERHANT. for Douglas Elliman

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Described as “one to watch” by Douglas Elliman Executive Chairman Howard Lorber, Middleton will operate out of Douglas Elliman’s flagship office in Manhattan, Inman has learned exclusively. Continue reading →

Anywhere shares seesaw after company reports $138M loss in Q1

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The brokerage giant spooked investors with its latest earnings report, in which first-quarter revenues were down 31 percent year over year. Continue reading →

Fannie and Freddie boost profits even as mortgage business tanks

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The $68 billion in single-family mortgages Fannie Mae acquired during the first quarter made it the slowest period in more than 20 years. Continue reading →

Eyes on inventory as Q1 earnings ramp up following a chilling 2022

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Jay McCanless, a senior vice president of equity research at Wedbush Securities, reveals what he’ll be watching as publicly traded real estate companies post Q1 earnings this week and next. Continue reading →