Housing Wire
MAY 6, 2025
eXp World Holdings , the parent company of eXp Realty , reported first-quarter 2025 earnings on Tuesday that highlighted modest growth in revenue, an assertive stance on real estate listing transparency and investments in artificial intelligence (AI). The company reported revenue of $954.9 million for the quarter, an increase of 1% year over year. Adjusted EBITDA was $2.2 million.
Appraisal Buzz
MAY 6, 2025
Blend Labs , which offers a loan origination platform that enhances the customer experience and streamlines operations, is newly integrated with Glia , which offers unified human and AI interactions. The integration will give lenders the ability to guide borrowers inside mortgage and other consumer loan applications wherever they are using the channels they prefer.
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Housing Wire
MAY 6, 2025
The real estate industry is facing another change. This isnt the first time, and it wont be the last. In 1908, agents formed the National Association of Real Estate Exchanges, a precursor to the National Association of REALTORS ( NAR ). They soon formalized a code of ethics and operating policies. Written agreements became commonplace. Today, these are known as an Exclusive Right To Sell or a Listing Agreement.
Real Estate News
MAY 6, 2025
Despite declines in key metrics, Redfin CEO Glenn Kelman was upbeat, saying employees were over the moon about Rocket's vision of a home-ownership platform.
Advertiser: Trellis
Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.
Housing Wire
MAY 6, 2025
The average closing costs for a refinance mortgage in the U.S. totaled $2,403 last year, or about 0.72% of the loan amount, according to a new report from LodeStar Software Solutions. The findings mark the companys first analysis of refinance -specific closing costs. Closing fees ranged widely by location and are influenced largely by state and local taxes.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Real Estate News
MAY 6, 2025
The top iBuyer looks to build its referrals to agents as revenue slips 2% but losses ease; Offerpad, meanwhile, saw revenue drop 44% and losses improve by 14%.
Housing Wire
MAY 6, 2025
After last week’s National Reverse Mortgage Lenders Association (NRMLA) Western Regional Meeting in Irvine, California, attendees were generally in high spirits from spending time with their industry colleagues. But a common topic of discussion among attendees who spoke on-site with HousingWire s Reverse Mortgage Daily (RMD) was about the session that started the day.
GoForrmz
MAY 6, 2025
Digital forms have transformed how we gather and manage information, saving time, improving accuracy, and eliminating paperwork across every industry. Whether creating a simple feedback survey, an employee evaluation template , or a detailed inspection checklist, building your first digital form is easier than ever. In this guide, well walk you through the process so you can start collecting information efficiently, securely, and professionally, without any coding knowledge required.
Housing Wire
MAY 6, 2025
Bill Pulte, the director of the Federal Housing Finance Agency (FHFA) and chair of the boards at Fannie Mae and Freddie Mac , said in an interview on Tuesday that a handful of employees at the government-sponsored enterprises (GSEs) who are from U.S. geopolitical foes China and North Korea have been referred to the U.S. Department of Justice (DOJ). Pulte was interviewed by Bloomberg TV at The Milken Institute Global Conference.
Speaker: Dylan Secrest
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
Eyes on Housing
MAY 6, 2025
Mortgage loan applications saw little change in April, as refinancing activity decreased. The Market Composite Index, which measures mortgage loan application volume based on the Mortgage Bankers Association (MBA) weekly survey, experienced a 0.4% month-over month increase on a seasonally adjusted (SA) basis. However, year-over-year, the index is up 29.3% compared to April 2024.
Housing Wire
MAY 6, 2025
Despite the buzz around being acquired by Rocket Companies , the first quarter of 2025 was a rough one for Redfin. In a document filed with the Securities and Exchange Commission (SEC) on Tuesday, Redfin announced that it recorded $221.0 million in revenue in Q1 2025, down 2% annually, while its net loss for the quarter came in at $92.5 million, up from a net loss of $66.8 million in Q1 2024.
Inman
MAY 6, 2025
Find out how Ranelle Birmingham got her start in the industry through a summer job at her father's Louisiana real estate company.
Housing Wire
MAY 6, 2025
Real estate technology company Offerpad and distressed property marketplace Auction.com have entered into a strategic partnership with the goal to modernize how residential properties are bought, sold and renovated across the country. As part of the agreement, Offerpads Renovate division will serve as a preferred provider of property renovation services for Auction.com buyers a group that includes both institutional investors and local community developers.
Advertiser: Trellis
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Inman
MAY 6, 2025
The team did $180 million in sales volume via 90 transactions last year. Its move to Coldwell Banker comes amid an intense period for agent and team recruiting.
Housing Wire
MAY 6, 2025
loanDepot on Tuesday reported that its first-quarter 2025 revenue increased by 23% annually to $274 million, while its adjusted revenue was up 21% to $278 million on higher mortgage sales volumes and stronger margins. Revenues also increased on a quarterly basis, growing from a baseline figure of $257 million and an adjusted figure of $267 million in Q4 2024. loanDepot ‘s origination volume for Q1 2025 was $5.2 billion, an increase of $0.6 billion or 14% annually.
Inman
MAY 6, 2025
Michael Mercurio, the former CEO of the Greater San Diego Association of Realtors and San Diego MLS, alleges wrongful termination as a separate suit against him is set to go to trial in October.
Real Estate News
MAY 6, 2025
The brokerages international division doubled its revenue this quarter, and the company is investing heavily in tech and AI: These are not short-term bets.
Inman
MAY 6, 2025
The company reported having 81,904 agents at the end of the first quarter amid an ongoing slide in headcount. It also reported its agents sold 2 percent fewer homes in the quarter compared to a year ago.
Lamacchia Realty
MAY 6, 2025
Spring is here and even though the raindrops are falling, garden enthusiasts are pulling, planting, digging and preparing for the summer sun! Whether you are looking for native plants, or adding a pop of color to your existing garden, these two local plant sale events are not to be missed. Newburyport Horticultural Society Plant Sale Saturday, May 10th 8:30-11:30 – Rain or Shine Newburyport Senior/Community Center 331 High Street, Newburyport, MA The Newburyport Horticultural Society
Inman
MAY 6, 2025
Sean Varin and Paul Marsh have been promoted to senior roles at Fathom Holdings and Fathom Holdings' subsidiary, Encompass Lending Group. The duo will be responsible for stoking growth opportunities at both companies.
Clear Capital
MAY 6, 2025
The April 2025 Clear Capital Home Data Index (HDI) Market Report shows national quarter-over-quarter home price growth is at 0.8 percent. Download the report , or read it below. Commentary by Brent Nyitray of The Daily Tearsheet Home prices rose 0.8% quarter-over-quarter (QoQ) in April, according to the Clear Capital Home Data Index. On a year-over-year (YoY) basis, prices rose 4.3%.
Inman
MAY 6, 2025
Company founder Anthony Hsieh, who returned to the executive leadership team in March, says investments in technology, connections to real estate agents and joint ventures with homebuilders will help it scale.
Housing Wire
MAY 6, 2025
Following moves to close the Veteran Affairs Servicing Purchase (VASP) program, a bill from a lawmaker who railed against it that seeks to reform the U.S. Department of Veterans Affairs (VA) home loan program with the addition of a partial claim option has picked up support from the Mortgage Bankers Association (MBA). The MBA announced its support in a letter submitted to Rep.
Inman
MAY 6, 2025
The iBuyer also revealed Tuesday that it bought 3,609 homes in the first three months of 2025. That number represents a 4 percent year-over-year increase.
Housing Wire
MAY 6, 2025
Refinancing activity is primed for a surge but not the way weve seen in the past. It used to be that when rates dropped, demand would stay high for weeks or even months. Lenders had time to scale up operations and ride the wave. Now, demand comes in short, sharp bursts, triggered by even the slightest rate drops. Take April 2025 for example. Mortgage rates briefly fell to 6.61%, their lowest point since October 2024.
Inman
MAY 6, 2025
Despite a year-over-year decline in Q1, CEO Glenn Kelman voiced confidence in a statement on Tuesday as Redfin continued to finalize its $1.75 billion all-stock merger with Rocket Companies.
Housing Wire
MAY 6, 2025
The Hispanic Organization of Mortgage Experts (HOME) on Tuesday announced the launch of La Reina, the first-ever shoe created for women in mortgage. La Reina, which is Spanish for “the Queen,” was designed in partnership with AliveShoes and manufactured in Le Marche, Italy. Nicole Yelland, HOME’s chief communications and strategy officer, told HousingWire that the shoe pays homage to women in the mortgage industry who often have to resort to heels at business events. “We
Inman
MAY 6, 2025
Iantorno is a top luxury agent in San Diego, with more than $1 billion in sales over a 20-year career. Compass's office exclusives, among other tools, were a big draw, he told Inman exclusively.
Housing Wire
MAY 6, 2025
United Wholesale Mortgage (UWM), the largest originator in America, produced $32.4 billion in mortgages in the first quarter of 2025, capitalizing on a brief decline in interest rates that spurred a wave of refinance activity. This production volume represents a 17% increase compared to the same period last year, and UWM expects even stronger results in the current quarter.
Inman
MAY 6, 2025
Executives put a positive spin on prospects for growth, with loan origination volume up 17 percent from a year ago to $32.4 billion and revenue up 5 percent to $613.4 million.
Housing Wire
MAY 6, 2025
Cotality Cotality product experts will demonstrate the capabilities of our revolutionary Araya smart data platform. Araya blends extensive data repositories with CoreAI-powered analytics and predictive models, providing a comprehensive view of the property ecosystem within a single interface. We will show you how Araya can be your one-stop access to best-in-class, comprehensive property information and analytics that are critical to everyday decision making.
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