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Navigating movement in the mortgage industry series: Due diligence in mergers and acquisitions

Housing Wire

A buyer wants the right to use those names and marks with superior title from the rest of the world. Material contracts There may be numerous contracts containing provisions that may trigger liability or exposure upon the sale of a business. Are those employees subject to non-competes, confidentiality and non-solicitation agreements?

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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 Under the agreement, each Redfin share will convert to 0.7926 Rocket Class A shares, a 63% premium over Redfins 30-day Volume-Weighted Average Price (VWAp) as of March 7, 2025.

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A homebuyer’s personal story from the post-Sitzer, post-settlement world

Housing Wire

As a real estate reporter, it was not lost on me that the formal start of my house hunt would coincide almost perfectly with the real estate industry working through the nationwide implementation of the business practice changes outlined in the National Association of Realtors ‘ (NAR) commission lawsuit settlement agreement.

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Fidelity to pay $3.5M fine over “no-poaching” agreements

Housing Wire

title insurance company had “no-poach” agreements with rivals. Like its rivals, Fidelity issues title insurance policies either directly through its own agency or indirectly through independent title insurance agencies. In this model, both channels are competitors in the labor market.

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Title industry prepares for possible changes in a post-commission lawsuit world

Housing Wire

Ron Frasier, a title industry veteran and CEO of title startup Atlas Title , has been watching the commission lawsuit saga closely. “If Instead, he is focusing his efforts on potentially having to adapt to where Atlas Title’s business comes from. It’s easy to see why Frasier is concerned.

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Tips for growing your title business in a down market

Housing Wire

Whether you believe the worst market conditions are now behind us or that the coming months will remain turbulent, there’s no doubt that title related businesses will need a combination of thrift, ingenuity, innovation and persistence to be successful for the foreseeable future. Fannie Mae forecasts $1.6

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Opinion: Automate title status check info with AI

Housing Wire

It’s not a point of pride or badge of honor for any mortgage, title, real estate or valuation firm. Much of that average time to close tends to pile up in the title and settlement stage of the process. They serve different markets with different rules. How do your new orders come in?

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