Mortgage tech firm Blend Labs continued to narrow its financial losses in the third quarter, driven by strong growth in its consumer banking business. Its mortgage business outperformed the broader origination market and the company […]
loanDepot, the California-based lender targeting profitability next year, delivered its sixth consecutive quarterly loss in the third quarter of 2023, according to documents filed with the Securities and Exchange Commission (SEC) on Tuesday. Total revenue declined as […]
As multiple listing services look to navigate potential changes to cooperative compensation following the verdict in the Sitzer/Burnett commission lawsuit trial, some MLSs have preemptively changed their policies. Though these policies have been put in […]
First American Home Warranty, a subsidiary of First American Financial Corp. (NYSE:FAF), has expanded its operations into Illinois. According to the company, it will provide three of its home warranty plans – the Starter, Essential, […]
“Significant untapped growth potential,” touts a slide in an Offerpad Solutions Inc. presentation to investors in the blank-check SPAC that took the company public in 2020. Offerpad is an instant buyer, or iBuyer, a company […]
Allied Orion Group, a Houston-based multifamily real estate investment, construction and property management firm, has named David Nargang as president of the company’s property management division. In his new job, Nargang David will be responsible […]
Mortgage applications picked up for the first time in four weeks as mortgage rates dropped by 25 basis points, to 7.61%. The Fed’s rate hike pause, combined with a softer October jobs report and the […]
Is the U.S. headed for another housing bubble crash? With home prices at all-time highs and concern that the labor market will break going into a recessionary period, is another 2008-style crash a possibility? The […]
Wood Partners, a multifamily real estate development, and PGIM Real Estate, the real estate investment and financing arm of PGIM, announced the grand opening of Alta Town Center, located in Raleigh, North Carolina. Alta Town […]
New research from Oxford Economics found Airbnb is an important pillar of the Philippines’s tourism industry, with its activities contributing USD$840 million (45.7 million pesos) to Gross Domestic Product and supporting almost 103,800 jobs in […]
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