Mr. Cooper back online after ‘precautionary’ 4-day shutdown

More than 4 million homeowners send their mortgage payments to Mr. Cooper, but it’s unclear how many had their data exposed as the company continues to investigate a breach discovered on Halloween. Continue reading

The Agency scoops up 4 NorCal Compass agents

Over the past few months, 34 agents have joined The Agency from Compass’ Northern California offices. In total, The Agency has brought on 72 agents in the region over the course of 2023. Continue reading

BoxBrownie selected as latest LeadingRE Solutions Group partner

The Australian image marketing company is the latest preferred partner of LeadingRE’s Solutions Group, a body of vendors chosen to represent a wide range of technologies and service providers. Continue reading

Smarten up your database with the latest from Revaluate

RealStat is a new interface from Revaluate, the company recognized for its ability to predict the potential that a homeowner will list their property. Continue reading

Opendoor to double the number of homes it buys each month: CEO

CEO Carrie Wheeler told Intel that Opendoor wants to purchase 2,000-plus homes per month and that the company is leaning into partnerships like the ones it has with Zillow and eXp. Continue reading

Welcome Homes launches new tools in bid to ease housing crunch

Welcome Homes, a hybrid homebuilder and proptech company, announced its new “Make-an-Offer” module and an artificial intelligence-backed land analysis report on Wednesday. Continue reading

Inman reveals winners of inaugural Best of Proptech awards for 2023

In recognition of the entrepreneurs, venture capitalists and visionaries pushing real estate forward, the “Best of Proptech” honors cap the yearlong expansion of Inman’s awards program. Continue reading

Blend now focused on growth in quest to return to profitability

Mortgage and banking tech provider reports a $41.8 million Q3 net loss with revenue down 27 percent from a year ago to $40.59 million, but company executives emphasize potential for growth. Continue reading

To elevate the industry, Chime becomes Lofty

The rebrand to Lofty from Chime was driven by a number of business factors, such as ongoing confusion with the web bank of the same name and its evolution far beyond customer relationship management. Continue reading

Compass trims losses, improves cash flow despite Q3 revenue dip

The brokerage saw revenue fall 10 percent year over year, but also managed to cut net losses from $154 million in the third quarter of last year to $39 million this time around, according to a Q3 earnings call Monday. Continue reading