Opendoor sheds more employees following Nasdaq delisting threat

After posting losses in 16 of the past 18 quarters, Opendoor implemented the latest in a string of layoffs on Wednesday, primarily on the iBuyer’s sales side, Inman has learned exclusively. Continue reading

Court denies CFPB’s request to vacate fair lending settlement

Judge declines to reopen case and vacate settlement with Chicago mortgage broker Townstone Financial, calling the request “a Pandora’s box the court refuses to open.” Continue reading

American woman wins $300K Irish home for price of 2 coffees

Imelda Collins launched the “Win a House Near Sligo” raffle to give one lucky winner the keys to her “fairytale Irish country home” in County Leitrim, Ireland. Over 150,000 tickets were sold, and in the end, Kathleen Spangler of Chicago emerged as the … Continue reading

Broker Spotlight: Holly Brink, My Real Estate Company

Find out how this broker across four states has launched and where she and her agents are headed as they embrace the future. Continue reading

Chimera boosts non-QM presence with HomeXpress acquisition

The New York City-based REIT will pay $120 million in cash for national non-Qualified Mortgage lender HomeXpress Mortgage Corp., plus 2.08 million shares in Chimera valued at $27.9 million. Continue reading

Senate confirms HUD deputy secretary in 51-43 vote

The Senate confirmed Department of Housing and Urban Development Chief of Staff Andrew Hughes as the department’s deputy secretary. Hughes also worked under former Secretary Ben Carson. Continue reading

Build the future: What I learned when creating a new flagship office

CEO and founder Jill Butler offers insights to help you build something that reflects the heart of your company and provides the space for your agents to accomplish big things. Continue reading

How to automate 60% of workflow without sacrificing service

AI will never replace the power of real connection, indie broker Amy Stockberger writes. But it can clear the clutter, remove the repetition, and give you back the time and energy to focus on what actually builds legacy. Continue reading

Real estate AI firm Shilo raises $2.6M in seed round

Shilo makes a virtual assistant meant to boost real estate agents’ productivity. The cash infusion comes as interest in artificial intelligence soars. Continue reading

StreetEasy listings fell this week. The portal says FARE isn’t the issue

The Zillow-owned portal appeared to shed listings Wednesday after the Fairness in Apartment Rental Expenses Act became law, but a spokesperson insisted daily fluctuations are common. Continue reading