Mr. Cooper’s tech investments paying off as portfolio hits $1.5T

Dallas-based loan servicer is using AI to collect monthly mortgage payments from 6.7 million homeowners, a business that generated $393 million in pretax income during the fourth quarter. Continue reading

New York broker sues Zillow, saying StreetEasy ‘masked’ his listings

George T. Spyridakis, an associate broker with eXp Realty, alleged Zillow’s StreetEasy allowed multiple brokers to list the same unit on the platform, effectively hiding it from public view. Continue reading

Homebuyers gain leverage as sellers cut prices: Zillow

Prospective homebuyers have a better shot at securing a dream home as sellers continue to lower listing prices, according to a recent analysis by Zillow. Despite persistently high mortgage rates, buyers are capitalizing on these price reductions to neg… Continue reading

Mortgage rates climbing again on hot CPI report, Powell testimony

Trump calls for lower interest rates after release of January CPI report. Powell says Fed is in no hurry to cut rates, and bond market investors who fund mortgages are taking him at his word. Continue reading

BoldTrail’s Vitals Dashboard digs into business drivers

BoldTrail’s Vitals Dashboard offers company leaders a way to analyze individual agent performance with real-time user metrics that peel back how tools are being put to use to respond to leads or react to deal hurdles, among other uses. Continue reading

Trump wants Greenland. The Danes say they’ll trade it for California

As President Trump ups the ante on his plan to force Denmark into selling Greenland, the Danes are pushing back with a satirical offer to purchase California. Continue reading

Redfin to shed 450 staffers after $100M rental deal with Zillow

On the same day Redfin announced a new partnership to syndicate Zillow rental listings in multifamily buildings, the company said it would eliminate the positions of approximately 450 employees. Continue reading

Zillow eyes rental dominance as segment revenue grows 25% in Q4

Zillow’s Q4 revenues rose 17 percent annually to $544 million while its rental segment generated $116 million, according to an earnings release Tuesday that included news of a rental partnership with Redfin. Continue reading

‘Jeopardy!’ and ‘Wheel of Fortune’ creator’s former estate lowers ask

The 40-acre estate with multiple structures hit the market last April for $36 million, and the price has been knocked down to $29.95 million as of Feb. 7. Will buyers bite? Continue reading

NAR pulls the plug on its annual tech conference

The Innovation, Opportunity & Investment (iOi) Summit will “evolve” to provide year-round education, while signature events will move to other NAR conferences. Continue reading