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The current REO market requires an expansion of services for business growth

Housing Wire

Demand for existing homes — including REO assets — outpaces the available supply. Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans.

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Newrez partners with Newzip to court more homebuyers

Housing Wire

Top 10 mortgage lender and servicer Newrez is partnering with Newzip , a tech-enabled real estate platform, to roll out a program aimed to save buyers and sellers on credit costs. Dubbed Newrez Home Rewards, buyers will be matched with a real estate agent who works with Newzip and provided booking services.

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The homegenius Platform gives consumers deeper insights in the home buying and selling journey

Housing Wire

The process of finding, buying and owning a home today is disjointed, antiquated and messy. homegenius Real Estate understands the need to deliver differentiated value in a very congested market. With the seamless integration of the homegenius Platform, consumers can: Connect with experienced real estate agents.

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Husky Homes team expands Compass’s Wisconsin presence

Housing Wire

The Husky Homes real estate team, led by Alison Crim, has joined Compass , the company announced on Tuesday. In 2022, the Husky Homes team closed 121 transactions and more than $48.4 million in sales volume. We are thrilled to be among the first teams to join Compass in Wisconsin,” Crim said in a statement.

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Anywhere reports losses during the slower winter season

Housing Wire

Anywhere Real Estate felt the brunt of the challenging housing market again in the first quarter of 2024 as the company reported a loss of $101 million during the three-month period. This is the seasonally slow part of the year and we are in a very difficult housing market with a record-low level of unit sales.” It generated $1.1

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Announcing the 2023 HW Insiders!

Housing Wire

Through the development of improved and sophisticated systems, protocols and technology, these operations leaders are driving their companies to growth and success. In its 8th year, the HW Insiders program is spotlighting the talented operations professionals who are laying the foundation of success for their organizations.

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William Raveis acquires South Carolina-based Carson Realty

Housing Wire

Real estate brokerage William Raveis has returned to the acquisitions business. As operating partners, we help agents succeed with our world-class coaching, marketing, and innovations like Raveis365, a one-of-a-kind communication and technology platform developed exclusively for us by Microsoft.“

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