Industry rallies to work around ongoing Rapattoni cyberattack

A ransomware attack was unleashed last Wednesday, Aug. 8, on Rapattoni, a prominent software and property data provider for the real estate industry. The attack is ongoing, according to reports. Continue reading

Blend Labs laying off 150 more workers on ‘path to profitability’

The mortgage technology, title provider and cloud-based banking platform has eliminated more than 1,000 positions in five rounds of layoffs in the last 16 months. Continue reading

New Western’s marketplace and other solutions to inventory crisis

Retail investors and local landlords offer real estate agents a wide array of options for staying active in a market bereft of traditional inventory, you simply need to know how to connect with them. Continue reading

Computer vision pioneer Restb.ai unleashes its tech on valuations

The Valuation Product Suite is geared at modernizing the appraisal process and assisting in compliance with new Fannie Mae and Freddie Mac programs that make it easier to get loans approved without an appraisal. Continue reading

Rapattoni hit with ransomware attack, paralyzing MLSs and agents

Federal investigators are working with MLS software company, and its insurance carriers are negotiating with hackers, who have prevented new data from being input after the Aug. 9 attack. Continue reading

RentRedi acquires Payment Report and eRentPayment in buying spree

The 6-year-old digital property management firm scooped up the companies in a bid to boost digital payment workflows and aid tenants in credit building, according to an announcement this week. Continue reading

Whatever became of Inman’s Latte Vision? Real estate issues a verdict

A decade after Brad Inman asked if homebuying could ever be as easy as purchasing coffee, Clelia Peters, Curt Beardsley and David Voorhees assessed the state of the end-to-end transaction at ICLV. Continue reading

Despite Q4 decline, Realtor.com says it’s ready to take on CoStar

Realtor.com parent company Move’s Q4 and FY 2023 revenues slipped by double digits, with the company bringing in $602 million for the full year, according to an earnings call on Thursday. Despite its struggles, News Corp CEO is confident in the brand’s… Continue reading

Ribbon relaunches power buying services following 9-month hiatus

Nine months after temporarily shuttering its services and three months after being acquired by EasyKnock, Ribbon is now offering cash backing to buyers in Atlanta and Charlotte once again. Continue reading

4 outside-the-box uses of AI that could change real estate

Everyone’s talking about chatbots. But three experts at Inman Connect Las Vegas explored AI’s other cutting-edge applications for agents during a panel on Wednesday. Continue reading