Cuts are expected to save borrowers $678 million a year but don't apply to existing loans or release homeowners who have built up equity from "life-of-loan" requirements.Original link...
The dominant iBuyer lost nearly $400 million in the fourth quarter, according to an earnings call Thursday afternoon. That's better than the previous quarter, but a big jump from the same period in 2021.Original link...
The company attributes the success to "consistent coaching and humanizing of the chatbot," which in the past year increased daily messages by 322 percent and daily lead responses by over 108 percent.Original link...
The deal brings RE/MAX Capital Realty under the operations of the RE/MAX Alliance Group, growing the combined companies' forces into a total of about 400 agents and staff.Original link...
Revenue declined 33 percent in the fourth quarter of 2022 — and 13 percent year over year — as the franchisor dealt with double-digit declines in transaction and unit volume across every business segment.Original link...
