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Rocket lays off 2% of workforce after closing Redfin acquisition

Housing Wire

billion all-stock acquisition of real estate brokerage Redfin. The company has already closed the Redfin acquisition and is awaiting regulatory approval to complete its purchase of Mr. Cooper Group. Rocket is buying the digital real estate brokerage in an all-stock transaction valued at $1.75 billion in equity.

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Fathom promotes veteran finance leader Joanne Zach to CFO

Housing Wire

On Wednesday, the firm hired former senior vice president of finance Joanne Zach as chief financial officer. According to firm, Zach gained valuable insight from Fregenal on Fathom’s finance strategy while forming key relationships across the company. .” million in average yearly sales volume per agent.

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Real launches three new products during its agent conference

Housing Wire

The Real Brokerage is keeping attendees of RISE, its third annual agent conference, on their toes. By automating routine tasks and providing instant, personalized service, we empower agents to focus on what truly matters — building relationships and closing deals,” Real President Sharran Srivatsaa said in a statement.

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Howard Hanna acquires two independent brokerages

Housing Wire

The family-owned brokerage firm announced the completion of two acquisitions on Wednesday. According to Howard Hanna, Alliance Group closed over $140 million in sales volume in 2023. It has already been a busy week for Howard Hanna Real Estate Services (HHRES) and it is only Thursday.

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Rocket Companies announces deal to acquire Redfin for $1.75 billion

Housing Wire

Today, Rocket Companies announced it has entered into an agreement to purchase digital real estate brokerage Redfin in an all-stock transaction valued at $1.75 The deal, which has been approved by the boards of directors of both Rocket Companies and Redfin, is expected to close in the second or third quarter of 2025. billion in equity.

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Rocket Companies to acquire Mr. Cooper in bombshell $9.4B deal

Housing Wire

The Detroit-based fintech , which is also in the midst of acquiring real estate brokerage and home search portal Redfin for $1.75 Mr. Cooper did about $23 billion in originations last year, according to Inside Mortgage Finance data. The deal is expected to close in the fourth quarter of 2025.

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Rocket completes Redfin deal, announces Rocket Preferred Pricing

Housing Wire

Rocket Companies announced on Tuesday the completion of its acquisition of Redfin after Rocket announced in March it agreed to purchase the digital real estate brokerage in an all-stock transaction valued at $1.75 billion in equity. “I’ve used Redfin every day for the last 20 years.