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Compass in negotiations to buy HomeServices of America

Housing Wire

The deal involves two of the nations top-four brokerages by sales volume in 2024, according to data from RealTrends Verified. billion across more than 177,000 home sales. billion across nearly 236,000 sales. In December, it announced the purchase of Christies International Real Estate and @properties. Compass ranked No.

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loanDepot returns to profitability, announces new strategic plan 

Housing Wire

It has an emphasis on first-time homebuyers ; purchase loans through an expanded geographic footprint and partnerships; servicing portfolio scale and retention; operating leverage quality to drive down turn times; and recruiting, developing and retaining the best talent available. “The Origination volume was $6.7

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With sale finalized, REcolorado names Dana Bennett as new CEO

Housing Wire

REcolorado has taken a big step toward moving on from its controversial sale earlier this year. Bennett’s most recent role at the MLS was as vice president and chief business development officer, and she originally joined REcolorado as director of integrated solutions in 2012. The sale to Burks was made official last week.

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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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Fannie Mae picks winner of first nonperforming-loan sale of 2022

Housing Wire

Fannie Mae has chosen the winning bidder for its inaugural nonperforming loan sale of 2022, a deal involving 3,223 loans with an unpaid principal balance of $477.2 The transaction, which represents Fannie Mae’s first nonperforming loans sale this year, is slated to close July 27. Terms of the sale were not disclosed.

Loans 370
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Batton plaintiffs look to block final approval of commission lawsuit settlements

Housing Wire

The plaintiffs in the Batton 1 homebuyer commission lawsuit are making a last-minute effort to prevent the court from granting final approval to the commission lawsuit settlement agreements reached by Anywhere , Keller Williams and RE/MAX on Thursday.

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NFT mania and the future of the home sale

Housing Wire

Worldwide sales of non-fungible tokens, better known – of course – as NFTs, catapulted from $94.9 For example, purchasing an NFT of a JPEG of a painting transfers the intellectual property rights of the painting. But Ethereum was the first with a blockchain that enabled NFT sales. That’s when a 70-year-old brick home in the St.

Sales 501