Tag Archives: Industry News

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 →

Compass names Wendy Forsythe president of 3 western states

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“California, Nevada and Hawaii represent our largest market, and we are thrilled to have Wendy onboard to lead our teams and agent entrepreneurs in this key market,” CEO Robert Reffkin said. “Her expertise and dedication to the industry are ideally sui… Continue reading →

Home showings dip in December, but slowdown may be easing

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Showings were way down year over year but only dipped a little bit month over month, according to a new report from ShowingTime. They remain up compared to pre-pandemic levels. Continue reading →

Offerpad buys more time with $90M raise as end of runway approaches

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Private placement with existing investors including CEO Brian Bair extends the company’s cash burn runway by six months to a year, KBW analysts say. Continue reading →

2023 may sink some agents — and that may not be a bad thing

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Economic downturns have historically shrunk the number of practicing Realtors. But those who stick around can end up doing even more deals, economists told Inman Intel. Continue reading →