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New-home sales crater, magnified by struggles in the South 

New-home sales in May dropped 6.3% year over year and 13.7% compared to April, the largest monthly decline since May 2022.

First American Title co-president departs company abruptly 

Kevin Wall’s departure was confirmed by a spokesperson for parent company First American Financial Corp., but no reason was given.

Compass launches new division aimed at helping seniors 

Compass Plus officially launched earlier this month. The team is led by Ruth Reffkin, mother of Compass CEO and founder Robert Reffkin.

Reverse mortgage veteran reflects on his career: ‘Everyone has a story to tell’ 

Jim Cullen, who recently retired from the reverse mortgage industry, reflects on his career and the way the HECM product has changed.

What’s the rationale behind the Mr. Cooper-Flagstar deal? 

If the deal closes, Mr. Cooper Group’s servicing portfolio will reach $1.56 trillion, consolidating the company as the top U.S. mortgage servicer.

An eye-opening experience: Housing pros react to the global tech outage 

Mortgage and real estate executives attending HousingWire’s Artificial Intelligence (AI) Summit in Dallas on Tuesday have already begun to collect some lessons learned from Friday’s global tech outage as the world is still dealing with its consequences. 

HousingWire Magazine Supplement: June 2022 

The RealTrends 500, now in its 35th year, remains the undisputed leader in ranking the performance of residential real estate services firms. You can check out the full June supplement now!

2022 Rising Star Morgan Salama: The intersection of strategy and real estate  

Strategy is the foundational element in building the future of the housing sector. And, if strategy is the foundation, we’d say that Morgan Salama is one of the key people building that foundation.

IPO no: Why real estate companies stopped going public 

After a few years of brokerages going public, including Compass, Opendoor and Redfin, real estate companies are now keeping matters private.  

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Updated 11 months ago