You can recruit talent, but you have to build culture

People matter in the title and real estate settlement service business. Relationships matter. Experience matters. A strong escrow officer or title professional can move revenue and change how a customer feels about the most important transaction of their life.So, the competition for talent is fierce
Read MorePennymac profit drops in Q2 as rates bite, layoffs follow

PennyMac Financial Services on Wednesday reported second-quarter 2026 net income of $22 million, down 84% from a year earlier and sharply lower than its first-quarter net income of $82.3 million, as higher interest rates reduced mortgage production volume and weighed on profitability. The company’s
Read MoreHawks Lorie Logan and Beth Hammack run the Fed for now

Today the Federal Reserve decided not to hike rates, but the hawks have moved their chess pieces: three Fed members wanted to hike rates at this meeting, which means September is in play for the first rate hike after the cut cycle ended. However, the long end of the bond market has already done the
Read MoreHomes.com helps drive CoStar to first profitable residential quarter

CoStar Group reported an 18% year-over-year revenue increase for the second quarter ended June 30 — reaching $925 million compared to $781 million in the same period last year. Leaders said growth was driven by major technological expansions, increased platform engagement and significant operational
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