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Rocket Companies announces deal to acquire Redfin for $1.75 billion

Housing Wire

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. 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.

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Are you prepared to respond as borrower demand shifts?

Housing Wire

We recommend investing in three key aspects of your customer acquisition strategy to ensure you have the technology, people and operational workflows needed as rates change and volumes increase. How your technology partner can help Having nimble technology is critical for capitalizing on market dynamics.

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Roof AI powers its sales assistant with OpenAI technology

Housing Wire

Roof AI , an artificial intelligence -powered sales assistant that helps real estate and mortgage companies generate revenue across their business units, announced the integration of OpenAI ’s technology into its system, significantly boosting its capabilities. Michel Moubarak, vice president of growth at Roof AI, told HousingWire.

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Sun West unveils NFT loan powered by AI technology

Housing Wire

has unveiled the latest version of its proprietary artificial-intelligence (AI) platform, called Morgan, which enables the lender to convert pre-approved, property-specific home loans into tradable non-fungible tokens (NFTs). ” The post Sun West unveils NFT loan powered by AI technology appeared first on HousingWire.

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Figure Technologies launches wholesale lending platform

Housing Wire

Mike Cagney’s Figure Technologies rolled out a wholesale lending platform that will give loan originators access to the company’s home equity line of credit (HELOC) offering. Approval may be granted in five minutes but is ultimately subject to verification of income and employment.

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Sierra Pacific’s Fast Track process gives brokers a more robust pre-approval, shortening cycle times

Housing Wire

“We have a proven legacy of supporting brokers with unparalleled service throughout the entire process by strengthening the human approach, while also integrating technology. The company offers the latest technology because they know it’s no longer a luxury, but a necessity for brokers to have these resources.

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The BIG Point of Sale integrates with ICE Mortgage Technology

Housing Wire

Fintech software and hardware company Mortgage Automation Technologies, Inc. announced on Monday that it has integrated its next-generation point of sale system, The BIG Point of Sale, on the latest API Platform available through ICE Mortgage Technology , a division of Intercontinental Exchange, Inc.