Tag Archives: News Brief

Lender slapped with $1.75M fine for bungling demographic data

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Freedom Mortgage reported inaccurate information on race and sex between 2014 and 2017. The firm originated 50,000 mortgages per year during that period. Continue reading →

Co-living company Bungalow launches in San Francisco

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By the end of this year, Bungalow hopes to have more than 120 rooms in 40 San Francisco properties. Overall, Bungalow operates more than 500 properties with 2,000 total rooms across the U.S. Continue reading →

Localize.city debuts new search platform, expands to Chicago

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The startup will now feature AI-powered pros and cons for neighborhoods across NYC and, later this month, Chicago, company executives told Inman. Continue reading →

Michael Douglas appears in epic listing video for his Spanish home

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In an effort to sell his glitzy Mallorcan estate, actor Michael Douglas slashed its price by nearly $30 million and appears in a video tour of the property. Continue reading →

RE/MAX co-founder buys more than $3M of company stock

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RE/MAX revealed Wednesday that co-founder and former CEO Dave Liniger has just purchased 122,911 shares in the company. Continue reading →

Wells Fargo pledges $1B to fight housing affordability crisis

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Wells Fargo will be putting $1 billion toward various affordable housing initiatives, such as housing affordability, financial health and small business growth, from now into 2025. Continue reading →

RE/MAX Select is walking away from realtor.com’s leads

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RE/MAX Select, an East Coast real estate franchise with more than 200 agents, is severing its ties with realtor.com’s lead generation platform after 17 years over what it says has been a deterioration of that business service since realtor.com’s parent… Continue reading →

Offerpad hires Zillow vet, promises cash offers within in 1 hour

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Offerpad, the Arizona-based online fast homebuying and re-selling company, announced Wednesday that it has hired Bryan LaFranchi to lead its program in which homesellers can get all cash for their old properties and put the money toward the purchase of… Continue reading →