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Redfin reports falling revenue, higher losses in Q1 2025
Redfin did not host an earnings call ahead of its pending acquisition by Rocket Companies, a move CEO Glenn Kelman said the firm is excited for.
Reverse mortgage professionals encouraged by ramped-up outreach plans
Reverse mortgage professionals are encouraged by a new effort to expand the industry’s outreach, according to NRMLA event attendees.
Arizona governor vetoes bill to allow Bitcoin reserves in retirement funds
The bill would have allowed the state’s retirement fund to invest in cryptocurrency. Gov. Katie Hobbs called virtual currencies “untested investments.”
As the market shifts to purchase, LOs get creative
Some LOs are making inroads with potential clients through use of social media, leaning on their multilingual skills and doing old fashioned cold calling.
In wake of scandal, LOs give continuing education programs failing grade
A 26-state federal investigation that penalized 400-plus LOs for effectively cutting class raises questions about the effectiveness of the continuing education programs.