Real Estate Industry Overview & Trends
CMLS CEO Denee Evans argued against the 'removal or significant weakening of a policy so critical to the integrity of our housing market' in an open letter to NAR and its members Friday afternoon
Visual Lease makes a platform serving more than 1,500 corporate clients. The acquisition bolsters CoStar's core commercial real estate business
Steven Brackett and his 36-agent team have moved to the virtual brokerage. Brackett cited tools and training, as well as the commission lawsuits, as reasons that convinced him to make the move
Amid a tumultuous year for the industry, Realtors have donated millions to political causes — and Democrats have managed to collect more than Republicans from the industry's rank and file
A majority of the 1,200 Flagstar employees being let go in $1.4B sale of the company's mortgage servicing business will be offered the opportunity to transfer to Dallas-based Mr. Cooper
Former Benchmark Mortgage CEO Brian McKinney has been charged with driving company growth after launch of a more inclusive mortgage underwriting process and home equity product
Daniel Blatman also previously worked at Douglas Elliman and Triplemint. He joins Compass during a period of intense competition for top-producing agents
Eric Zollinger has newly been named head of sales and Marcelo Lavanhini chief financial officer, RLTYco has informed Inman, as the company preps to expand into major luxury markets in the US
Connecticut has entered into a consent decree revoking the fintech mortgage lender's license, and LoanSnap has been put on notice by California regulators that they intend to do the same
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Sridhar Sharma, credited with developing Mr. Cooper's patented AI, has been promoted to a new role, and 3 new technology leaders are coming on board from other companies
Papanii Okai will help the mortgage giant harness artificial intelligence and build out the fintech platform that connects its real estate, credit card and personal finance subsidiaries
RealScout, T3 Sixty and Tom Ferry released an inaugural Teams Report on Monday, diving into challenges and opportunities as teams navigate sweeping economic and procedural changes
Minnesota Attorney General Keith Ellison announced the suit last week, saying the Florida-based brokerage violated consumer protection laws by selling 'contracts with oppressive terms'
A company called Aika says it paid $10M in kickbacks to Team while he was still at Keller Williams. But Team contends the story is part of Aika's effort to get out of paying its bills
Kalispell, Montana-based Mann Mortgage, which operated branches in states throughout the West and Southeast, had previously tangled with regulators in Idaho and Washington
After a decade leading the trade group's legal team — including through sexual harassment scandals and numerous anti-trust commission lawsuits — Johnson is leaving
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