JPMorgan Chase Bank has agreed to buy about $5B in mortgage warehouse loans from NYCB. Flagstar will continue retail and wholesale mortgage lending and servicing operations
The lender boosted mortgage volume 25% from Q4 but suffered a $51M loss, according to Q1 earnings data on Tuesday. CEO Vishal Garg said Better's future 'lies in Uberizing the loan officer'
CEO Marco Fregenal says the flat-fee brokerage is making progress toward achieving 2024 goals despite seasonality and broader industry challenges driving a $5.9M Q1 net loss
San Francisco-based title tech provider, set to be acquired by Title Resources Group, posted a $20.6M Q1 2024 net loss Tuesday, down 46% from a year ago but little improved from Q4 2023
In addition to $15M in direct costs, loanDepot says it lost an additional $22M in revenue while systems were down and clients couldn't lock, contributing to $72M Q1 net loss
Former operations head Sarah Pierce, who had accused Better CEO Vishal Garg of providing misleading information to investors in leadup to SPAC, faced $2.76M judgment in countersuit
The sales proceeds of $15M will strengthen the company's financial position and support growth initiatives, Fathom Realty parent company said Monday of its latest move to shore up finances
The company's net loss was 36% less than in 2023, according to Matterport's earnings from the quarter. Revenue rose 5% for the quarter
The massive trade organization promised in March to make various policy changes as part of a landmark settlement. The rules will now roll out slightly later than expected
The struggling loan technology provider will use an influx of cash from Haveli Investments to pay off the debt it took on to get into the title insurance business by acquiring Title365 in 2021
A year after moving from RE/MAX to eXp Realty, Bonner has been chosen to lead the brokerage's industry relations efforts. She is also the leader of The Kendall Bonner Team in Tampa
The company has promoted Amy Weaver to serve as a senior vice president over US growth. The promotion comes in the wake of C-suite shakeups at the brokerage
After the National Association of Realtors announced its proposed commission settlement in March, mainstream media covered the historic news with mixed results, an Inman analysis shows
CoStar Group's revenue grew 12% year over year to $656M in Q1, according to earnings released Tuesday. CEO Andy Florance credited the change to Homes.com's traffic, subscription growth
Ohio-based Union Home Mortgage boosted capacity by acquiring Amerifirst Home Mortgage. New divisional leadership structure supports a 'rapidly expanding, nationwide footprint'
First Federal Bank continues expansion of its nationwide mortgage lending operations with deal to acquire Watson Mortgage Corp. and investments in digital solutions, personal service