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Compass CEO Reffkin believes agents will still be valued in a post-settlement world

Housing Wire

In down markets, the best agents and the best brokerages gain market share,” Reffkin, the CEO of Compass, told investors and analysts during his firms first-quarter 2024 earnings call on Wednesday evening. “We First, more buyers are using agents in 2023 than in 2003. We are a company of top agents.”

Agents 431
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QC Ally acquires due diligence solutions firm Inglet Blair

Housing Wire

“When we thought about joining forces with a due diligence company, Inglet Blair’s depth of expertise, which allows it to comply with regulatory, rating agency, and investor requirements, made the decision an easy one,” Jeffrey Flory , QC Ally’s new CEO, said in a statement.

Investors 403
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DocuSign lays off 400 employees following stalemate in sale talks  

Housing Wire

Founded in 2003 by Tom Gonser, DocuSign went public in 2018 and was valued at about $6 billion at the time. The company was also hurt by increased competition from Adobe Inc’ s document business as investors lost appetite for DocuSign’s unprofitable software stocks. DocuSign’s market capitalization is close to $10.5

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Wipro Opus Risk Solutions Hires Kebra Rhedrick as Chief Compliance Counsel

Appraisal Buzz

Rhedrick previously served as in-house counsel for JPMorgan Chase Bank, where she gained extensive experience representing investors and servicers in residential mortgage-backed securities focusing on root cause analysis of non-performing assets.

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Old Republic CEO to retire at the end of January

Housing Wire

Just seven years later, Bilbrey and other investors purchased the firm, which was eventually sold to First American in 2003. After graduating from Oklahoma University in 1980, Bilbrey began working at Warranty Title & Abstract in El Reno, Oklahoma. A decade later, Billbrey was named company president. in 2010.

Insurance 382
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Keller Williams faces three lawsuits tied to its profit-sharing program 

Housing Wire

The following day, Bueker, a former KW agent from 2003 to 2011, filed a similar complaint in the U.S. these funds continue to enrich only affiliated real estate agents, investors, brokers, and staff.” Moulder’s complaint challenges adjustments made to Keller Williams’ profit-sharing program and calls for a rollback of the new policy.

Brokerage 493
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It hasn’t been this hard to get a mortgage in six years

Housing Wire

The data comes from about 95 lenders and investors, MBA said. trillion, the most since 2003, MBA said. The MBA’s credit availability indices analyze data from Ellie Mae ’s AllRegs Market Clarity covering several factors related to borrower eligibility such as credit scores, loan type, and loan-to-value ratios. 20 forecast.

Mortgage 545