70% of digital transformations fail. The other 30% will redefine us

Mergers and acquisitions are big business in real estate, and technology plays a critical role, writes contributor Lauren Henss. The real game changer? Whether the organization can handle the merger swiftly. Continue reading

These are the 5 people who might replace Jerome Powell as Fed chair

Trump loyalist Kevin Hassett is seen as the most likely pick to lead the Federal Reserve Board next year. Critics say doubts about the central bank’s independence could put upward pressure on rates. Continue reading

Fannie Mae CEO is out, mortgage giant says in surprise announcement

Fannie Mae President and CEO Priscilla Almodovar has been replaced on an interim basis by Chief Operating Officer Peter Akwaboah. FHFA Director Bill Pulte fired Freddie Mac CEO Diana Reid in March after board shakeup. Continue reading

Government shutdown could bring mortgage rates down

Investors seeking safety in bonds and mortgage-backed securities can bring rates down. Yields on 10-year Treasurys fell 4 basis points on first day of shutdown. Continue reading

Zillow CFO shares $5B revenue goal at Morgan Stanley conference

The portal is on track to reach co-founder Rich Barton’s $5 billion revenue goal, Zillow CFO Jeremy Hofmann said Wednesday at Morgan Stanley’s Technology, Media & Telecom Conference. Continue reading

Morgan Stanley exec: Prepare now for the new wave of wealth

Ileana Musa of Morgan Stanley told Inman Connect Miami attendees that as younger generations, women and Latinos shift into wealth in upcoming years, now is the time to create relationships with them. Continue reading

Morgan Stanley exec tapped to run single-family rental firm

Jonathan Pruzan, once thought to be a front-runner for CEO of Morgan Stanley, has been chosen to run Pretium, a firm that owns tens of thousands of single-family rental homes. Continue reading

News Corp CEO vows to reenergize Realtor.com after CoStar deal dies

In remarks at Morgan Stanley’s Technology, Media and Telcom Conference Tuesday, CEO Robert Thomson said growing Realtor.com after its sale to CoStar fell through is a “personal priority.” Continue reading

Home sale-leasebacks are surging, but are they good for homeowners?

Sale-leasebacks can feel like a lifeline to homeowners struggling to make mortgage payments, but consumer advocacy groups are concerned over the low sales prices investors are offering. Continue reading

What to watch for as Compass goes public: an Inman guide

After years of speculation, Compass’ IPO is less than a day away. Here’s what you need to know about the process and what the first day’s results could be. Continue reading