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Young brokerages have explosive growth, but franchisers remain on top
Franchisees maintain their independent identity while staying part of a vast network of resources in a rapidly shifting industry.
Redfin stockholder files suit over disclosures in Rocket deal
Redfin shareholders are set to vote on Rocket’s acquisition of the firm next month, but one stockholder has issues with the disclosures.
HUD secretary defends repeal of fair housing rule
The rule required local governments to analyze housing patterns for racial and economic disparities and submit corrective plans to HUD.
Realogy stays profitable, laments mortgage
Once commission and other related expenses are subtracted, Realogy brought in $647 million in Q1. But its mortgage JV with Guaranteed Rate lost $3 million. What’s next for the brokerage conglomerate?
Mom-and-pop investors are fueling the PLS market
Mom-and-pop investors, just like Wall Street players, have the appetite and the cashflow to make deals happen in a rising-rate environment. Here’s where they’re buying and how non-QM lenders are trying to capture their business.
Better.com, the rare lender to post huge losses in 2021
Struggling to cope with the rising mortgage rate landscape, mortgage lender Better.com reported a loss of $303.8 million in 2021. As earnings continue to deteriorate, Better said it may need additional capital.
