In the wake of legal settlements in two of the largest commission lawsuits, RE/MAX and Anywhere revealed their paths forward to investors in Q4 earnings calls last month. Intel reads the tea leaves.
Category: Industry News
Argyle sees path to profitability with $30M Series C raise
Integrations helped the income and employment data provider grow its mortgage customer base and attract backing from Rockefeller Asset Management’s Fintech Innovation Fund.
Opendoor’s partnership with eXp officially goes live
The companies’ integrated technology will streamline the process to make Opendoor cash offers available to eXp’s tens of thousands of agents.
Offerpad narrows Q4 loss, expects to be back in black later this year
The iBuyer expects to sell between 750 and 850 homes during Q1 2024, generate $245 million to $285 million in revenue and achieve positive adjusted earnings later this year.
‘The mortgage professor’ Jack Guttentag dies peacefully at 100
Guttentag “remained sharp to the end” and continued researching and writing about mortgages until passing away peacefully on Feb. 6.
Top Bay Area team boomerangs back to Compass from Side
Mollie Poe and Declan Hickey were founding members of Compass San Francisco before leaving in 2020. Now, they’re bringing four additional team members back to Compass with them.
New American Funding acquires Draper and Kramer Mortgage
“Strategic move” expands New American’s footprint in the Midwest and East Coast regions, with a majority of DKMC’s loan originators and support staff to be retained.
New suit accuses eXp Realty, team leader of sexual harassment
The suit claims that Chris Nevada offered to pay an employee for sex, made inappropriate comments and, ultimately, fired the woman.
Inman unveils new class of 2024 Power Players
With its new Power Players list, Inman recognizes 137 industry leaders for their power and influence as it kicks off a year of expanded awards.
New York agent Scott Fava boomerangs back to Compass
Fava and his New York-based team are the latest agents to participate in a trend of leaving a brokerage, only to return some time later.