The wholesale lender is hiring and training lawyers to generate attorney opinion letters in-house in order to meet what the company expects to be strong demand.
The other real estate company named Rex just laid off 4% of its staff
The Texas-based firm does property management and provides a variety of tech platforms. The layoffs come amid widespread job losses in the real estate sector.
Ribbon expands footprint in Arkansas, Colorado and Illinois
In Hot Springs, Arkansas, Ribbon will work with agents at Crye-Leike, which also partnered with Ribbon when it launched services in Alabama
‘Stranger Things’ home destined for Airbnb following whirlwind deal
The home where Joyce Byers and her sons Will and Jonathan lived in fictional Hawkins, Indiana, is under contract for nearly twice its asking price after listing for $300,000 in mid-September.
Compass takes over sales from Corcoran at NYC ‘condop’ building
After selling eight out of its 13 units, the condop, a building comprised of condominiums and co-op units, at 1228 Madison Avenue is bringing on a new real estate brokerage to finish the job.
Court thwarts NAR, orders execs to turn over evidence in REX case
The brokerage argued that Bob Goldberg and Katie Johnson, among others, were responsible for NAR policies "limiting both how homes are listed online and the negotiation of commissions."
Rhode Island’s Kirk | Schryver Team joins Compass
The team is No. 1 by sales volume in Bristol County and Barrington, Rhode Island, according to MLS data and was ranked the No. 2 small team by sales volume by RealTrends in 2021.
Mortgage applications hit 25-year low as rates, hurricane kill demand
After hitting 2022 highs last week, a weak hiring report released Tuesday has been helping to bring mortgage rates back down.
Vishal Garg opens up about the rise and fall of Better.com
"To be absolutely blunt, I'd never managed more than 10 people in my life." Better CEO talks to Insider after months out of the spotlight while the company struggled through market downturn.
Rocket promotes from within, names new CFO and general counsel
Brian Brown and Tina John are tapped to fill openings created by the retirement of two top executives, Julie Booth and Angelo Vitale.
Homebuyers, lenders increasingly wise to flood risk: Zillow
Mortgage applications were more likely to be denied by lenders or withdrawn by homebuyers in census tracts where a higher share of buildings was at risk of future flooding.
United Real Estate expands reach with new Jacksonville acquisition
The deal brings 400 new agents into the network and will see the Jacksonville, Florida, brokerage operate under the new name United Real Estate Gallery and retain all current leadership.
RE/MAX Holdings appoints new chief information officer
Former Fathom Realty executive Grady Ligon has joined the company, bringing more than 20 years of experience in financial and brokerage technology.
Weakest Q3 for US apartment leasing in 3 decades
RealPage reports the third quarter saw the biggest slowdown in leasing traffic in 30 years of tracking. Paired with a slowdown in rent, it’s the latest sign of turbulence in the housing market.
Homie CEO resigns as flat-fee brokerage lays off more workers
The company is among the most prominent of the upstart flat-fee brokerages that rose in recent years, but will lose cofounder and CEO Johnny Hanna as the market experiences "turmoil."
The 9 US housing markets where tenants are most behind on rent
One in every four renters in some U.S. markets is behind on monthly rent payments after a historic run-up in prices, according to data released Monday by real estate portal MyEListing.com.
Brown Harris Stevens launches a new digital hub for agents, ‘BHSOne’
The in-house-built, internal digital hub includes features like an agent design studio, a video library of educational content, a marketing center, a region-specific document library and more.
Collabra debuts market analytics and video tool, Market Spotlight
The tool, which is part of Collabra's RElumio digital marketing platform, is designed to incorporate market data into listing videos with minimal effort — an industry 1st, the company says.
Court orders Anywhere to hand over NAR commission rule documents
Judge M. Page Kelley noted the real estate holding company formerly known as Realogy allegedly perpetuated NAR and MLS PIN's "substantively identical" buyer broker commission rules.
Credit union invites members to back zero-down mortgages
Blue Federal Credit Union is partnering with real estate agents to find creditworthy borrowers for creative "no-money-down" mortgage program.
