Tag Archives: technology

$13B Black Knight deal still needs approval from antitrust regulators

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Intercontinental Exchange Inc. envisions building a “life of loan” mortgage platform that will produce cost saving efficiencies that benefit consumers. Continue reading →

Redfin takes in nearly $600M in Q1 revenue as market share grows

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Revenue, market share, web users and homes sold by RedfinNow all rose. But the company reported a $90.8 million net loss in a Q1 earnings call on Thursday. Continue reading →

Zillow turns a profit in Q1 as housing market gets ‘choppy’

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The company reported soaring revenues in the first quarter of 2022 but also continued its Zillow Offers wind-down, which the company said has entered its final days. Continue reading →

Rental investing platform Mynd sees opportunity outside Sun Belt

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Single-family rental investor platform expands to Indianapolis, Jacksonville and Nashville, bringing total footprint to 25 markets. Continue reading →

Financial tech giant strikes deal to acquire Black Knight

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Intercontinental Exchange has agreed to acquire Black Knight, a mortgage-industry service provider, at a valuation of $13.1 billion, it was announced Wednesday. Continue reading →

Offerpad stays profitable for second quarter in a row

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The iBuyer earned about $41 million in profit during the first three months of 2022, beating the results of its also-profitable run at the end of 2021, according to an Q1 earnings call on Wednesday. Continue reading →

What would the end of Roe v. Wade mean for housing and real estate?

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A newly leaked document indicates the U.S. Supreme Court is poised to overrule the case that made abortion legal across the country. That could have big implications for where people want to live. Continue reading →

Redfin settles ‘digital redlining’ discrimination case

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Redfin has reached a settlement with the National Fair Housing Alliance in its discrimination case after nearly two years. The brokerage will pay $4 million along with making several policy changes. Continue reading →