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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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Insurance brokerage Acrisure buys Tempo Title

Housing Wire

The fastest growing brokerage in insurance industry history, Acrisure , announced Wednesday that it has acquired title insurance and settlement service provider Tempo Title , marking its entrance into the real estate services business. Current partners of Tempo Title will continue operating under their own brand names.

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Notarize and Realogy Title Group see 200% spike in RON closings

Housing Wire

A partnership between Realogy Title Group and Notarize that has sought to accelerate the adoption of remote online notarizations hit a milestone in the first half of 2020. Notarize has seamlessly integrated multiple components of the closing process and delivered a smooth, convenient solution to make it faster and easier.

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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 The deal is expected to close in the fourth quarter of 2025. Cooper , America’s largest mortgage servicer, in a market-shattering deal that could reshape the mortgage industry for years to come.

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MISMO searches for participants for closing initiative

Housing Wire

The Mortgage Industry Standard Maintenance Organization (MISMO) announced last week that the organization is looking for participants for an initiative focused on standardizing pre-closing title document data sets. MISMO hopes that the initiative will streamline the business process and improve the efficiency of the closing process.

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What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

Whether you’re looking to start a career in real estate, already have one or are involved in real estate transactions, you may find yourself wondering about industry terminology and job titles. An agent may also be present at closings to review closing documents and help guide their client through the final steps.

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Rocket-Redfin deal sparks uncertainty over Bay Equity’s future

Housing Wire

billion deal to acquire digital real estate brokerage firm Redfin , industry observers are still trying to understand the future of one key asset: Bay Equity Home Loans. The RocketRedfin deal is expected to close in Q2 or Q3. Redfin CEO Glenn Kelman will continue to lead the brokerage, reporting directly to Rocket CEO Varun Krishna.