Mortgage tech firm Blend Labs reported another loss in the first quarter of 2024, but its executives remain confident the company will deliver profits by the end of this year. To reach this goal, the company recently received a $150 million injection from private equity firm Haveli Investments and p

After months of uncertainty, the real estate industry has a reason to celebrate, at least a little bit. Judge Stephen Bough on Thursday granted final approval to the commission lawsuit settlement agreements reached by Anywhere, RE/MAX and Keller Williams.The settlement agreement will become effectiv

UWM Holdings Corp., the parent of United Wholesale Mortgage (UWM), returned to profitability in the first quarter of 2024 despite higher rates, a lack of inventory and a decline in the fair value of its mortgage servicing rights (MSRs). The quarter’s positive performance was supported by increased o

Robert Reffkin is confident that Compass and its agents have what it takes to continue growing and succeeding in the changing real estate environment.“In down markets, the best agents and the best brokerages gain market share,” Reffkin, the CEO of Compass, told investors and analysts during his firm