Tag Archives: Industry News

Agents aren’t as spooked by tariffs — but clients are in the crosshairs

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Clients of real estate agents were more directly affected by tariff policy in July than in previous months as costs began to stack up for U.S. importers. Continue reading →

If Fannie and Freddie go public, what happens to mortgage rates?

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Impact on rates depends on the structure of rumored IPO. Whatever the plan turns out to be, the Trump administration has stacked the boards at the mortgage giants with its supporters. Continue reading →

Back as CEO, loanDepot founder has his work cut out for him

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Anthony Hsieh brings back two technology executives after loanDepot, which hasn’t turned a full-year profit since 2021, posts $25 million Q2 loss. Continue reading →

‘Meme stock’ surge lifts Opendoor out of delisting danger zone

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While shares in rival iBuyer Offerpad also went on a rollercoaster ride in July, the company’s market capitalization remains below the New York Stock Exchange’s $50 million minimum requirement. Continue reading →

Rocket seeing ‘awesome early data’ from Redfin acquisition

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CEO Varun Krishna says lender has already seen a surge in leads and higher conversion rates from the Redfin deal, thanks to “cross pollination” of leads, agent referrals and mortgage applications. Continue reading →

RE/MAX stays profitable as US agent count, revenue decline

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RE/MAX’s total agent count grew 2.5 percent from a year ago, to 147,073. But a growing proportion of those agents work outside of the franchisor’s main markets, the U.S. and Canada. Continue reading →

RealPage acquires Rexera to serve condo lenders and title agents

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A 2024 Inman AI Award winner, Rexera offers customizable AI agents that automate workflows on condo sales by obtaining HOA documents and public records, extracting data and flagging potential issues. Continue reading →

Former LGBTQ+ Real Estate Alliance CEO facing civil suit, multiple criminal charges

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The Alliance is seeking six figures in damages from Ryan Weyandt, who resigned as CEO last year. Weyandt is also facing felony charges for alleged possession of explicit content of minors. Continue reading →

Luxury brokerage Douglas Elliman is now in the mortgage business

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Mortgage broker Elliman Capital, a “strategic alliance” with Associated Mortgage Bankers Inc., will offer traditional and specialty loan products “from multiple national and regional lenders.” Continue reading →