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Giorgio Bertuol named president of sales at West Capital Lending 

Bertoul joins West Capital Lending from loanDepot, where he served as the executive vice president of sales.

FTC lawsuit claims Zillow, Redfin rental deal crushes competition 

The FTC is suing Zillow and Redfin over their rental syndication agreement, claiming that the two firms conspired to eliminate competition in the rental listing space.

No. 1 eXp mega team Pemberton Homes branches out on its own 

After seven years with eXp, Parker Pemberton is going against current trends and launching PembertonRE, his own independent brokerage.

Reverse mortgages offer resilience for Onity in latest earnings report 

Executives at Onity Group have managed to preserve “marginal profitability” in their reverse mortgage origination operations, despite ongoing headwinds in the market.

Mortgage rates are cooling off, but the policy debate is just heating up 

Last week, the Fed once again held its policy rate steady at a range of 4.25% to 4.5%. But more signs are emerging that the cuts projected at the start of the year are likely to happen sooner rather than later.

Former tech leaders return to loanDepot as Hsieh reclaims CEO role 

loanDepot said that over the next three months, the executives will assess the “critical resources required to develop next-generation tools and capabilities.”

Tucson-based independent merges with United Real Estate Specialists 

KMS Realty is merging with United Real Estate Specialists. KMS’s designated broker Suzanne Rothman will serve as the firm’s managing broker

Preliminary injunction hearing in Compass v. Zillow to begin in late November 

The parties will take part in a three-day hearing in late November. Expert witnesses will not be able to testify on harm to Compass.

Land fraud attempts rampant at same Iowa City lot, Realtor speaks out 

Realtor Adam Pretorius is encouraging industry peers to never let shame or stigmas stop them from reporting real estate fraud.

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Updated 11 months ago