Compass pulls Redfin into its Zillow private listing lawsuit

Redfin has put its private listings ban on an indefinite hold. Still, Compass wants documents related to the real estate search portal’s previously announced ban. Continue reading

HomeSmart and Lower partnering on marketing, tech and mortgages

The agreement comes on heels of Lower’s acquisitions of Neat Labs and Movoto — and takes place as mortgage lenders look to real estate brokerages to win more homebuyers. Continue reading

How will the portals respond to the Compass-Anywhere deal?

On this episode of Real Estate Insiders Unfiltered, Rob Hahn and Greg Robertson from the Industry Relations podcast debate what this game-changing merger really means. Continue reading

Rocket Companies closes Mr. Cooper acquisition

Rocket Companies has closed its acquisition of Mr. Cooper for $14.2 billion, according to an announcement on Wednesday morning. The final acquisition price is 51 percent higher than the $9.4 billion price tag announced in March, due to Mr. Cooper’s rec… Continue reading

Here’s what comes next in the Compass-Anywhere deal

The FTC and Department of Justice are expected to scrutinize the impacts of the deal — which would give the merged companies a combined market share of 18 percent Continue reading

Compass to acquire Anywhere in $1.6B deal, capping rise to top

The upstart Compass had already grown to the top residential brokerage by sales volume. Now, it’s moving to acquire its chief rival. Continue reading

Realtor.com is working with OpenAI to chase the portal crown

News Corp CEO Robert Thomson said the partnership with the ChatGPT-maker is a vital growth lever for Realtor.com and its parent company, Move Inc., and will help create a one-of-a-kind home search experience. Continue reading

LoanDepot shares surge on bullish call by Citron Research

Andrew Left’s controversial research firm has a thesis: Trump will win the “war on housing,” and that loanDepot’s mortgage servicing business is undervalued. Continue reading

Mr. Cooper shareholders approve merger with Rocket Companies

Rocket hopes the $9.4 billion deal will help it capture 20 percent of all mortgage refinancing and wrest back its title as the nation’s biggest mortgage lender from rival United Wholesale Mortgage. Continue reading