Aidium Mortgage CRM lands $19M in Series A led by PeakSpan Capital
Founded as Daily AI, Boulder-based Aidium rebranded last year to better align brands it had acquired — Whiteboard CRM and Recruitable.ai — under a single umbrella
by Matt Carter Apr 2
Title underwriter TRG inks $85M merger deal to take Doma private
If approved by shareholders and regulators, the proposed merger would result in an all-cash $85M transaction, with TRG acquiring Doma's outstanding shares at 38% premium of $6.29 per share
by Matt Carter Apr 1
T3 Sixty nixes this year's Mega 1000 list in wake of NAR settlement
The move comes 2 weeks after the National Association of Realtors signaled a $418M settlement of commission lawsuits. T3 Sixty said it will bring the ranking back when litigation is resolved
by Jim Dalrymple II Mar 29
Better hiring real estate agents to originate mortgages in 26 states
As Better reports $543M 2023 net loss, CEO Vishal Garg says the company has made fundamental changes to its business model that will help it pivot to serving homebuyers
by Matt Carter Mar 28
'Apologize' and 17 other common-sense ways to begin reforming NAR
Even before the courts resolve how agents are compensated, the National Association of Realtors has an opportunity to set a course for victory ahead of further disruption, Brad Inman writes
by Brad Inman Mar 28
Dr. Shani Mott spent her last days fighting for housing equality
The Baltimore homeowner succumbed to cancer before she could celebrate a landmark appraisal bias win. She's part of a long legacy of Black homeowners who've died while fighting for their rights
by Marian McPherson Mar 27
NAR (and now Compass) settled. Y'all had thoughts: The Download
Real estate professionals respond in the aftermath of NAR's big commission lawsuit settlement and Compass' brand new one
by Christy Murdock Mar 22
ICE on a signing spree for new 'mortgage tech ecosystem'
In pursuit of a bigger slice of an estimated $14B market after Black Knight acquisition, Intercontinental Exchange signs 37 new Encompass clients and 4 new servicing clients
by Matt Carter Mar 21
How commission chaos divided the real estate industry into 4 factions
The verdict in the monumental Sitzer | Burnett commission case in Missouri — plus oversight by federal regulators — has splintered the industry as it scrambles to figure out how to move forward
by Taylor Anderson Mar 20
Agents storm TikTok with flood of complaints after NAR settlement
Since Friday, real estate agents have been arguing on the video sharing platform that the recent commission suit settlement is likely to hurt both homebuyers and the agents who represent them
by Jim Dalrymple II Mar 19
WATCH: Ed Zorn, NextHome CEO on the $418M NAR settlement
James Dwiggins, Strategic Officer Keith Robinson and Ed Zorn, the California Regional MLS general counsel, tackled NAR's settlement in an exclusive livestream Friday. Watch it on demand
by Inman Mar 15
LGBTQ+ Real Estate Alliance launches anti-LGBTQ bill tracker
The LGBTQ+ Real Estate Alliance launched an anti-LGBTQ bill tracker on Thursday as part of the Alliance's plan to make NAR and its lobbying arm, RPAC, stop funding anti-LGBTQ legislators
by Marian McPherson Mar 14
Fathom Realty added 1,425 agents after raising fees last year
Fathom posted a $24M annual loss during a Q4 and 2023 earnings call Thursday afternoon, with executives saying the brokerage's transaction volume dropped less than the industry overall
by Matt Carter Mar 14
Title technology provider Doma posts $124M 2023 net loss
After a 'transformational year,' CEO Max Simkoff says Doma is well positioned to help lenders take advantage of the Biden administration's push to reduce closing costs for mortgage borrowers
by Matt Carter Mar 13
Guild Mortgage shrugs off 2023 loss as it pursues acquisitions
The San Diego-based lender has completed 5 acquisitions in the past 18 months in pursuit of market share, unfazed by a 21% drop in mortgage originations and a $39.1M 2023 net loss
by Matt Carter Mar 13
LoanDepot trims 2023 net loss by 37%, retains 'strong liquidity profile'
As mortgage rates soared last year, loanDepot slashed $693M in annual expenses but saw loan origination volume plunge by 58% from the year before, to $22.7B, as refinancings evaporated
by Matt Carter Mar 12