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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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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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Anywhere faces racketeering charges in Minnesota lawsuit

Housing Wire

The suit also alleges that the defendants which include the brokerages, agents, brokers, support staff, title companies and banks involved in the transaction coordinated to gain an unfair advantage. The other defendants in the suit are those involved in the title and escrow process and the wiring of the allegedly fraudulent funds.

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Opinion: How the title industry protects homeowners

Housing Wire

When people think about the title insurance industry , what comes to mind is often its core products – title insurance policies that protect property rights of homeowners and lenders. As an industry, our commitment to protection goes beyond title insurance policies. The bill is being considered in several states nationwide.

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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. The agreement comes as Fidelity’s volumes are declining due to fewer real estate sales.

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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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