Housing Wire

MARCH 27, 2024

With its supercharged growth over the past two years, it is no surprise that The Real Brokerage topped the 2024 RealTrends 500 Top Movers list for both transaction side count and sales volume. But for Real, which runs a virtual brokerage model with revenue sharing for its agents, the goal is to get better, not necessarily bigger.

Brokerage 450

Brokerage Pre-approval Branding Agents 450

Housing Wire

SEPTEMBER 14, 2021

Real estate brokerage Compass announced Monday that is has signed an agreement to acquire Dallas-based title insurance company LegacyTexas Title Co. , its latest foray into the title and escrow space. Financial terms of the deal – which should boost the brokerage’s margins – were not disclosed.

Title 286

Title Brokerage Technology Loans 286

Housing Wire

SEPTEMBER 20, 2021

Radian Group recently announced the launching of its title insurance and closing services platform, titlegenius, in Arizona, California, Nevada, Ohio and Pennsylvania. The mortgage insurance and real estate services company first introduced titlegenius in Florida this past May. Presented by: FundingShield.

Title 290

Title Brokerage Technology Closing 290

Housing Wire

AUGUST 15, 2023

The Real Brokerage Inc. In her new role, Rozenblat will be responsible for overseeing Real’s day-to-day operations, implementing strategies to enhance efficiency and ensuring the execution of the virtual brokerage’s tech vision. She’ll undoubtedly stay busy at Real, one of the nation’s fastest-growing brokerages.

Brokerage 304

Brokerage Title Lending Agents 304

Housing Wire

SEPTEMBER 28, 2021

New York-based real estate brokerage Compass announced Tuesday that it has signed an agreement to acquire CommonGround Abstract, LLC., a Philadelphia-based title insurance company. The agreement marks Compass’s fifth title insurance company acquisition this year and third this month. based KVS Title.

Title 297

Title Brokerage Finance Closing 297

Housing Wire

MAY 28, 2024

Fathom Holdings , the parent company of cloud-based real estate brokerage Fathom Realty , appointed Jon Gwin as chief operating officer. A licensed real estate broker since 2006, he managed a brokerage in San Diego and he also played a crucial role in establishing some of the first compliance management systems in the mortgage industry.

Industrial 271

Industrial Brokerage Title Branding 271

Housing Wire

SEPTEMBER 27, 2022

Publicly traded real estate firm The Real Brokerage has struck an agreement to acquire the mortgage brokerage arm of real estate and mortgage technology company LemonBrew. The Real Brokerage, headquartered in Ontario, Canada, will pay $1.25 “We are excited to be joining forces with The Real Brokerage.

Lending 355

Lending Brokerage Loan Officer Technology 355

Housing Wire

MARCH 16, 2021

Real estate technology company Lone Wolf Technologies announced its launch of Digital Title Orders, a digital title solution allowing agents to select their preferred title provider and submit orders directly within a transaction. Lone Wolf officials said they expect to onboard 80% of title companies by the end of 2021.

Title 356

Title Technology Closing Brokerage 356

Housing Wire

OCTOBER 31, 2022

Third-quarter earnings season kicked off with a bang last week with three ( Stewart, First American and Old Republic ) out of the Big Four title insurers reporting their earnings on Thursday. The firm’s title segment reported an operating revenue of $647.9 At Stewart , Q3 revenue came in at $716.4 million, down from $836.7

Title 303

Title Marketing Commercial Investor 303

Housing Wire

AUGUST 17, 2023

The Consumer Finance Protection Bureau (CFPB) issued orders against Freedom Mortgage Corporation and Realty Connect USA Long Island for illegal kickbacks on Thursday, the first enforcement action associated with the 1974 Real Estate Settlement Procedures Act in six years. A few months later, the CFPB fined Meridian Title Corporation $1.5

Mortgages 369

Mortgages Loan Officer Brokerage Title 369

Housing Wire

OCTOBER 6, 2021

agreed to form a title insurance underwriter joint venture with a $210 million investment from private equity investment firm Centerbridge Partners , a move sure to shake up the title space. a newly formed limited partnership joint venture that will own the title insurance underwriter. 1 in title closings and No.

Title 264

Title Purchase and sale agreement Equity Brokerage 264

Housing Wire

APRIL 2, 2023

The Qualia platform includes modern, cloud-based products that provide the transaction infrastructure for title and escrow organizations of all sizes, from smaller agencies and real estate law firms to multi-state operations operating at scale.

Title 334

Title Banks Brokerage Closing 334

Housing Wire

SEPTEMBER 22, 2021

Real estate brokerage Compass announced Wednesday that it has signed an agreement to acquire Denver metro area based title insurance company First Alliance Title LLC , its fourth title insurance acquisition in the past year and second this month. based KVS Title.

Title 266

Title Brokerage Finance Loans 266

Housing Wire

AUGUST 9, 2023

Fast-growing The Real Brokerage posted a $3.97 Poleg acknowledged the headwinds faced by the industry, telling analysts that elevated mortgage rates are stifling sales activity. Like many other brokerages , the firm is still in the red (it lost over $20 million last year). The brokerage now operates in 47 states in the U.S.

Brokerage 289

Brokerage Agents Title Lending 289

Housing Wire

MAY 7, 2024

With a 67% annual increase in agent count to 16,680 agents during the first quarter of 2024 , it is no surprise that The Real Brokerage also recorded an 86% annual increase in revenue to nearly $201 million. With Pro Teams, a team or brokerage firm is able to maintain its own internal economics and commission models.

Industrial 421

Industrial Agents Brokerage Title 421

Housing Wire

MAY 13, 2021

Compass has successfully become a publicly traded company, but the residential brokerage continues to lose money and it has unclear plans to generate more revenue. Compass CEO Robert Reffkin said that the brokerage is “expanding our adjacent service business” into title and escrow, and “plans to provide” mortgage services.

Mortgages 403

Mortgages Brokerage Title Residential 403

Housing Wire

APRIL 15, 2021

But while Blefari has a clearly defined personality, the residential real estate brokerage he runs doesn’t. The post Warren Buffett’s boring, dominant resi brokerage appeared first on HousingWire. Berkshire Hathaway HomeServices of America is not just a boring mouthful of a name, but it is a confusingly layered operation.

Brokerage 348

Brokerage Title Branding Residential 348

Housing Wire

JANUARY 11, 2024

Although what lies ahead in the world of real estate and mortgage services in 2024 remains a bit uncertain, it’s now crystal clear that, beyond the already-tired suggestion that we “survive until ’25,” quite a few businesses will be seeking to find additional sources of revenue. That activity will only increase as we move through the year.

Title 404

Title Brokerage Construction Closing 404

Housing Wire

OCTOBER 6, 2022

Keller Mortgage , the lending arm of real estate holding company kwx , is the latest firm to be hit by the rapidly decreasing demand for mortgages. On Monday, the company underwent a “mass layoff,” according to posts by former Keller Mortgage employees on LinkedIn. 30, mortgage applications decreased 14.2%

Mortgages 359

Mortgages Loan Officer Title Lending 359

Housing Wire

DECEMBER 29, 2021

One of our big goals at Blueprint Title is to shrink the title insurance business from an $18 billion business to a $10 billion business,” Berneman, the company co-founder and CEO. “We share of the market controlled by small, independent title insurance companies. ow and ease of the entire closing process.

Title 303

Title Closing Industrial Technology 303

Housing Wire

AUGUST 12, 2021

Mortgage, title, appraisal, servicing, iBuying, real estate brokerage , green energy — the gamut. A few hours after applying for a mortgage, the consumer would receive underwriting approval. Then comes the mortgage — which their agent would monitor through Rocket Pro Insight. Become a member today.

Mortgages 402

Mortgages Title Brokerage Development 402

Housing Wire

SEPTEMBER 30, 2020

Howard Hanna Real Estate Services closed a huge deal late Tuesday, announcing a strategic partnership with Rand Realty , giving the massive independent brokerage a sizable foothold in the booming suburbs of New York City. The Rand family will continue managing the new firm, which also has a commercial arm and a title services business. “At

Brokerage 404

Brokerage Commercial Title Closing 404

Housing Wire

SEPTEMBER 9, 2020

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. ” The post Notarize and Realogy Title Group see 200% spike in RON closings appeared first on HousingWire. We have continued to grab market share.”

Title 320

Title Closing Branding Brokerage 320

Housing Wire

MARCH 30, 2022

The title insurance space isn’t generally known for placing outsized bets on technology. We caught up with Hurst to talk about his new role and why the firm is looking to invest in commercial real estate tech startups and mortgage tech firms. As of Sept. Here is how Hurst, via email, responded to our questions.

Title 329

Title Mortgages Commercial Technology 329

Housing Wire

APRIL 24, 2024

HousingWire is excited to announce this year’s Rising Stars, representing the next generation of leaders in mortgage and real estate. Name Job Title Company Name A.T. This year 80 honorees were selected. Take a look below to see this year’s list of honorees. Congratulations to the 2024 Rising Stars!

Principal 423

Principal Due diligence Lending Title 423

Housing Wire

JANUARY 23, 2024

Cooper Group , Xome is a real estate marketplace that serves mortgage servicers, originators, real estate professionals, financial institutions and homebuyers and sellers. It boasts its own in-house digital transaction management platform, a network of agents, in-house title and mortgage services, as well as a 24/7 “concierge” service.

Industrial 367

Industrial Title MLS Technology 367

Housing Wire

OCTOBER 19, 2023

The Real Brokerage has appointed Christian Wallace as chief of integrated home services, the company announced on Thursday. Prior to joining the brokerage , Wallace worked at some of the leading companies in the industry, such as Rocket Homes , Better.com , Opendoor and Farmers Insurance.

Title 332

Title Brokerage Industrial Development 332

Housing Wire

APRIL 9, 2024

With the Federal Reserve gone AWOL on purchasing mortgage loans, mortgage rates have doubled and spreads over 10-year Treasuries are at historical highs. The Community Home Lenders of America (CHLA) applauds these initiatives. The American homebuyer needs help. But it’s time for a reality check. Such opportunities may arise.

FHA loan 426

FHA loan Loans Title Mortgages 426

Housing Wire

APRIL 12, 2022

Samson is the CEO of Samson Properties , a rapidly growing Northern Virginia-based brokerage. Samson has a different business model and branding than Compass, but both brokerages identify as “agent-centric.”. I try to kill them with kindness,” Samson said, giving agents “the resources to build that relationship” with Cardinal Title.

Title 370

Title Brokerage Agents Branding 370

Housing Wire

NOVEMBER 10, 2021

Despite a net loss of $100 million in the third quarter of 2021, Compass CEO Robert Reffkin said he was thrilled with how the brokerage had performed. “I Reffkin and CFO Kristen Ankerbrandt, stressed, however, that they firmly believe that the brokerage is on track to achieve profitability in 2022.

Title 362

Title Brokerage Loan Officer Principal 362

Housing Wire

MAY 14, 2024

With the Fed gone AWOL on purchasing mortgage loans, mortgage rates have doubled and spreads over 10-year Treasuries are at historical highs. The Community Home Lenders of America (CHLA) applauds these initiatives. The American homebuyer needs help. But it’s time for a reality check. Such opportunities may arise.

FHA loan 296

FHA loan Loans Title Mortgages 296

Housing Wire

SEPTEMBER 13, 2023

Rather than a multi-year average of EBITDA or Gross Margin as the basis for the value of a brokerage firm (or their related counterparts in mortgage, title, escrow, and property management), valuations now are based Trailing Twelve Months (TTM or LTM) results.

Brokerage 300

Brokerage Property Management Title Residential 300

Housing Wire

AUGUST 7, 2023

But the Robert Reffkin -helmed brokerage has proved the naysayers wrong, at least for now. We achieved strong financial results that were inline with guidance in the midst of a quarter that was impacted by mortgage rates increasing 100 basis points to 7%.” billion for the quarter. million. “We Compass is going the other direction.

Brokerage 335

Brokerage Principal Title Equity 335

Housing Wire

APRIL 23, 2024

The HousingWire Marketing Leaders award recognizes outstanding professionals who have demonstrated excellence in marketing within mortgage and real estate. brands, including brokerage, mortgage, title, insurance and technology. Click here to nominate someone.

Marketing 314

Marketing Branding Title Development 314

Housing Wire

NOVEMBER 29, 2021

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. These documents are required nationwide and title and real estate agents have access to standard templates from ALTA.

Closing 305

Closing Title Land Brokerage 305

Housing Wire

MARCH 9, 2022

the M&A-hungry parent of cloud-based real estate brokerage Fathom Realty , achieved supercharged growth in 2021. Leaders optimistic about future of brokerage. The brokerage’s agent count also grew 48% year over year to 8,100 agents. Fathom Holdings Inc. , million, representing 9.5% of total revenue for the quarter.

Title 315

Title Brokerage Investor Agents 315

Housing Wire

JULY 29, 2021

Residential real estate brokerage conglomerate Realogy reported a net income of $149 million on its quarterly earnings call Thursday. Let’s dive into two areas that technology partners and independent brokerages can align to ensure that demand is captured and more at-bats are won. The brokerage group was the no.

Sales 382

Sales Brokerage Title Loan Officer 382