New York-based Rithm Capital executives see surging rates and increasing capital requirements for banks as an opportunity to acquire diversified assets and operational platforms at a time when the parent company of New Rez and Caliber plans to spin off its […]
Freddie Mac generated $2.94 billion in net income in the second quarter, up 41% from the first quarter and 20% year-over-year. Like its larger government sponsored enterprise cousin Fannie Mae, Freddie Mac’s second quarter was […]
Engel & Völkers, the global luxury real estate brand, just partnered with Dilbeck Real Estate, one of Southern California’s top real estate teams. Approximately 400 Dilbeck agents and support staff will operate under the Engel […]
Mobility Market Intelligence (MMI), a data intelligence and market insight tool provider for the mortgage and real estate industries, has acquired Bonzo – a relationship management and mortgage marketing platform. Ohio-headquartered Bonzo will operate as […]
The U.S. Department of Housing and Urban Development (HUD) on Wednesday announced a new collaboration with the National Association of Real Estate Brokers (NAREB) designed to increase the housing industry’s awareness of appraisal bias. The […]
Dallas-based Pinnacle Realty Advisors, the world’s pioneering Brokerage-as-a-Service (BaaS) platform, is expanding into the California real estate market. The subscription-based cloud brokerage model, which started in Texas, will now be available to residential and commercial […]
Government-sponsored enterprise Fannie Mae this week released new updates to its appraiser independence requirements (AIR), and also established new property data independence requirements (PDCIR) simultaneously. Fannie Mae published a new frequently asked questions (FAQ) document […]
For more than a decade, Airbnb and Airbnb.org have connected people in times of crisis to free, temporary stays with the support of Hosts and non-profit organizations around the world. The inspiration for Airbnb.org began […]
Daryl Owen, the founder of top California independent brokerage Nationwide Real Estate Executives, is joining eXp Realty and taking 200 agents along with him. In 2022, his team closed $887 million in sales on 1,091 […]
Despite a $35 million net loss in the second quarter, Zillow saw a slight annual increase in revenue to $506 million, beating Wall Street’s estimates. As a result, the company’s executives told investors and analysts […]
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