Housing Wire

FEBRUARY 1, 2025

Higher mortgage rates are forcing many first-time homebuyers to adopt a “wait-and-see” approach to the market. Agents reported that 27% of first-timer buyers requested mortgage rate buydowns from sellers. ” Despite forecasts that predict mortgage rates above 6% in 2025, agents hope for a shift in the market.

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Purchase and sale agreement Mortgages Agents Brokerage 476

Housing Wire

MARCH 12, 2025

One of the nation’s fastest-growing real estate brokerages announced a pending leadership change on Wednesday. Sharran Srivatsaa , president of The Real Brokerage , will be transitioning from his current role to the company’s board of directors effective June 1. Its volume soared from $14.4 billion to $21.2

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Brokerage Loan Officer Agents Branding 345

Housing Wire

MARCH 11, 2025

Federally registered broker and correspondent lender Milestone Mortgage Solutions has acquired Willow Home Loans and is looking to join the $1 billion origination club this year. ” Russell Petty, the founder of North Carolina -based Willow (formerly Grow Mortgage), said he expects to do $1 billion in origination volume in 2025.

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Loans Mortgages Loan Officer Technology 370

Housing Wire

MARCH 18, 2025

But in light of Redfins blockbuster sale to Rocket Mortgage that was announced less than two weeks later, hindsight dictates that Kelman may have known that the end of independence was coming for the company hes run for almost 20 years. It shows in the data. Since the first quarter of 2021, Redfins agent count has fallen by 22.5%.

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Brokerage Agents Mortgages Staging 411

Housing Wire

JUNE 12, 2025

Veteran attorneys James Brody, Ron Gapp and Ashley Jumpp on Thursday announced the opening of Brody Gapp LLP , a national law firm that will focus on legal and compliance needs for mortgage companies and financial institutions. Hanna, president and CEO of Oregon -based Lions Capital Mortgage.

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Mortgages Loans Banks Brokerage 427

Housing Wire

JANUARY 7, 2025

The new year has arrived, but little has changed regarding the direction of mortgage rates and their impact on the U.S. At HousingWire s Mortgage Rates Center on Tuesday, the 30-year fixed rate averaged 7.09%. “If mortgage spreads had been as unfavorable as they were in 2023, mortgage rates would be around 8% instead of near 7%.”

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Mortgages Marketing Sales Residential 422

Housing Wire

MARCH 3, 2025

Bank7 is expanding its mortgage reach in Oklahoma. The community bank has completed its acquisition of First American Mortgage, Inc. , a small mortgage lender and brokerage based in the suburbs of Oklahoma City. Yukon-based First American Mortgage, Inc. Yukon-based First American Mortgage, Inc.

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Mortgages Bankruptcy Title Banks 290

Housing Wire

MARCH 10, 2025

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 billion in equity. 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.

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Purchase and sale agreement Pre-approval Brokerage Equity 477

Housing Wire

MAY 14, 2025

Ohio-based Union Home Mortgage (UHM) on Wednesday announced a partnership with ARIVE , a lending software platform built specifically for independent mortgage professionals. The partnership will also connect UHM to a network of users and loan officers who source mortgage offers from multiple wholesale lenders.

Mortgages 349

Mortgages Loan Officer Lending Development 349

Housing Wire

MAY 19, 2025

A new report on real estate agent and brokerage performance in the first quarter of 2025 shows that agent movement accelerated dramatically in opening months of the year. It tracked thousands of agent movements across brokerage models and markets. Tech-enabled brokerages followed, drawing 22.6% Traditional brokerages held a 19.7%

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Agents Brokerage As-is Marketing 376

Housing Wire

MAY 2, 2025

eXp Luxury , the upscale division of real estate brokerage eXp Realty , is teaming with MORE Seller Financing to give luxury home sellers new tools to attract buyers and improve listing performance in a high interest rate environment.

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Finance Loans Brokerage Mortgages 490

Housing Wire

APRIL 14, 2025

When Robert Palmer launched LPT Realty in March 2022, he didnt just set out to build another real estate brokerage. He wanted to redefine what a brokerage could be. In just three years, the Florida-headquartered firm cracked the top 10 of the RealTrends Verified Brokerage Rankings , No. We call it a brokerage for life.

Brokerage 370

Brokerage Title Branding Loan Officer 370

Housing Wire

SEPTEMBER 9, 2024

added mortgage lending under its umbrella by acquiring mortgage brokerage company Be My Neighbor on Monday. Be My Neighbor will enable reAlpha to provide integrated mortgage services to consumers who utilize the reAlpha platform to purchase homes, reAlpha said. Publicly traded real estate software firm reAlpha Tech Corp.

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Brokerage Mortgages Technology Branding 450

Housing Wire

MARCH 20, 2025

billion deal to acquire resi brokerage and portal Redfin in Q2 or Q3 2025. It seems that everyone in mortgage and real estate has an opinion about Rocket Mortgage ‘s pending $1.75 After the deal was announced, CEO Varun Krishna told investors that he expects a lift in purchase mortgage growth after the deal closes.

Mortgages 277

Mortgages Loan Officer Brokerage Loans 277

Housing Wire

DECEMBER 30, 2024

Although higher home prices , rising mortgage rates and other expenses are obvious factors, there may be more to the story. Simply put, some renters are choosing to avoid rising homeownership costs, moving expenses and brokerage fees, Redfin explained. There is some hope for potential buyers and sellers if mortgage rates decline.

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Mortgages Brokerage Sales Marketing 483

Housing Wire

OCTOBER 22, 2024

The Real Brokerage is keeping attendees of RISE, its third annual agent conference, on their toes. Additionally, the brokerage said it expects that Real Wallet users will have the opportunity to earn promotional rewards points that are redeemable toward reduced brokerage and transaction fees.

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Agents Brokerage Technology Staging 427

Housing Wire

DECEMBER 23, 2024

The Consumer Financial Protection Bureau (CFPB) filed a lawsuit Monday accusing Rocket Homes of orchestrating a kickback scheme to funnel business to its sister companies, Rocket Mortgage and Amrock. The Jason Mitchell Group is also implicated in the alleged violations of the Real Estate Settlement Procedures Act (RESPA).

Brokerage 411

Brokerage Mortgages Agents Closing 411

Housing Wire

APRIL 16, 2025

The new office, located in Newport Beach, California, includes 11 agents who joined from other brokerages , and it will be led by Christi Carrillo. Carrillo, who most recently worked at a Newport Beach boutique brokerage, said she views the expansion as an opportunity to tap a broader network of referrals.

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Brokerage Development Agents Closing 221

Housing Wire

MARCH 31, 2025

Rocket Companies is buying Mr. Cooper , America’s largest mortgage servicer, in a market-shattering deal that could reshape the mortgage industry for years to come. The Detroit-based fintech , which is also in the midst of acquiring real estate brokerage and home search portal Redfin for $1.75

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Finance Title Mortgages Equity 461

Real Estate News

JUNE 13, 2025

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Shutterstock Industry Startup aims to bring assumable mortgages to the masses Could a new market emerge around homebuyers taking over a seller’s existing low interest rate loan? One proptech veteran thinks so.

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Mortgages MLS Loans Finance 281

Housing Wire

MAY 15, 2025

HousingWire reports on the quarterly earnings of publicly traded mortgage and real estate companies, offering a glimpse into the financial performance of key players in the housing market. Mortgage Better leans on AI, sees first profitable month since 2022 May 13 Blend talks Rocket-Mr.

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Mortgages Title Commercial Brokerage 307

Housing Wire

APRIL 10, 2024

Mortgage brokers ’ compensation is in the spotlight after a recent Federal Deposit Insurance Corporation (FDIC) test concluded that some financial institutions failed to prove that payments were “reasonably related” to the value of services provided. There are some caveats related to counseling services, referrals, and duplicative work.)

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Banks Brokerage Mortgages Loans 440

Housing Wire

APRIL 28, 2025

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. Redfin CEO Glenn Kelman will continue to lead the brokerage, reporting directly to Rocket CEO Varun Krishna. billion, according to Inside Mortgage Finance data.

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Loan Officer Equity Loans Brokerage 390

Housing Wire

AUGUST 7, 2024

The Real Brokerage isn’t tapping the brakes on its rapid expansion. The ballooning agent count pushed brokerage revenue to $340 million, an 84% year-over-year improvement. The company believes that adding agents will help it weather a frozen housing market and elevated mortgage rates that have stymied the industry. “We

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Brokerage Agents Title Technology 461

Housing Wire

AUGUST 5, 2024

Declining mortgage rates should theoretically spark additional mortgage applications, home sales and refinances. A number of mortgage lender stocks experienced tepid losses relative to the rest of the market — and some even went up. Rocket Mortgage, which has a huge refinance business, added 3% in value. RE/MAX shed 4.7%

Brokerage 483

Brokerage Marketing Mortgages Technology 483

Housing Wire

AUGUST 22, 2024

Seattle -based real estate brokerage Redfin imposed a new round of layoffs on Thursday, a development first reported by GeekWire. Amid the flurry of commission lawsuits across the country over the past year, brokerages like Redfin have restructured their compensation plans to retain existing agents and attract new ones.

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Brokerage Agents Development Sales 451

Housing Wire

DECEMBER 26, 2023

There is no question that the headline of the year in 2023 for many publicly traded brokerages was the commission lawsuits. But in 2024, industry analysts believe mortgage rates will be the primary focus for many firms. “I But not everyone shares his rosy outlook.

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Brokerage Mortgages Agents Industrial 469

Housing Wire

DECEMBER 5, 2024

mortgage holders held $17.2 trillion is considered “tappable,” according to data from ICE Mortgage Technology ’s November 2024 Mortgage Monitor report. The company launched its real estate brokerage, Splitero Homes , in October 2023 to serve home sellers who are already Splitero clients.

Equity 387

Equity Technology Brokerage Mortgages 387

Housing Wire

MAY 28, 2025

Century 21 Real Estate has expanded its presence in Georgia with the addition of Realty 1 Georgia , a brokerage led and founded by Angela Whitmire. Whitmire, who entered the real estate industry at 18, has navigated a career that includes mortgage lending, property management and sales.

Brokerage 221

Brokerage Branding Commercial Property Management 221

Housing Wire

JUNE 2, 2025

Through impressive marketing efforts, this years recipients are driving mortgage origination volume, connecting with homebuyers at critical moments, and supporting real estate brokerages to engage buyers and sellers. This year 55 honorees were selected.

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Marketing HR Branding Brokerage 384

Housing Wire

MAY 30, 2025

United Wholesale Mortgage (UWM) grabbed another win this week in a challenge to its “All-In” initiative after a federal appeals court ruled against Florida -based Okavage Group. National Mortgage News first reported the update on Thursday evening. Since 2021, UWM and Okavage Group have been engaged in a legal tango.

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Brokerage Mortgages Loans Industrial 404

Housing Wire

NOVEMBER 22, 2024

housing market slowed down in the third quarter due to rising home prices and higher mortgage rates , investor purchases also ramped down, according to a new report by Redfin. The Seattle-based brokerage found that real estate investor purchases dropped by 2.3% in Q1 2022, when investors were taking advantage of low mortgage rates.

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Investor Residential Brokerage Mortgages 483

Housing Wire

JUNE 20, 2024

Michael Saleh, a former senior vice president of Rocket Mortgage who spent about two decades at the company, has transitioned from the retail lending channel to wholesale by launching independent brokerage firm Zoom Home Lending. “Rocket went public and the times have changed. Department of Veterans Affairs ( VA) and U.S.

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Lending Brokerage Loan Officer Loans 451

Housing Wire

MARCH 27, 2024

Brokerages took notice, resulting in a surge in companies and office locations competing for their share of listings, according to CoreLogic multiple-listing service data shared exclusively with HousingWire. But high mortgage rates and high home prices proved too much for the listings boom in Jacksonville.

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Brokerage Construction MLS Land 469

Housing Wire

OCTOBER 17, 2024

In 2011, he founded the innovative brokerage The Agency RE, and he recently launched a real estate agent trade group that aims to serve as an alternative to the National Association of Realtors (NAR). Why is now the right time to expand into mortgages? As an entrepreneur, Mauricio Umansky has displayed remarkable versatility.

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Industrial Brokerage Branding Agents 451

Housing Wire

MARCH 7, 2025

Rocket Mortgage is shutting down its Canadian operations as the company refocuses on its core U.S. We want to assure our clients that all loans in process will proceed without issue, and we remain committed to supporting them through this transition, Rocket Mortgage said in a statement.

Mortgages 221

Mortgages Title Lending Brokerage 221

Housing Wire

OCTOBER 23, 2024

UWM has debuted a new cash-out refi product without mortgage insurance. United Wholesale Mortgage (UWM) has the mortgage industry abuzz over its latest product, a higher-risk, cash-out refinance at a time of economic uncertainty. The real advantage of this product lies in UWM’s aggressive marketing to mortgage brokers.

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Equity Loans Mortgages Loan Officer 440