Opendoor sheds more employees following Nasdaq delisting threat
After posting losses in 16 of the past 18 quarters, Opendoor implemented the latest in a string of layoffs on Wednesday, primarily on the iBuyer's sales side, Inman has learned exclusively.
Court denies CFPB’s request to vacate fair lending settlement
Judge declines to reopen case and vacate settlement with Chicago mortgage broker Townstone Financial, calling the request "a Pandora’s box the court refuses to open."
American woman wins $300K Irish home for price of 2 coffees
Imelda Collins launched the "Win a House Near Sligo" raffle to give one lucky winner the keys to her "fairytale Irish country home" in County Leitrim, Ireland. Over 150,000 tickets were sold, and in the end, Kathleen Spangler of Chicago emerged as the winner.
Broker Spotlight: Holly Brink, My Real Estate Company
Find out how this broker across four states has launched and where she and her agents are headed as they embrace the future.
Chimera boosts non-QM presence with HomeXpress acquisition
The New York City-based REIT will pay $120 million in cash for national non-Qualified Mortgage lender HomeXpress Mortgage Corp., plus 2.08 million shares in Chimera valued at $27.9 million.
Senate confirms HUD deputy secretary in 51-43 vote
The Senate confirmed Department of Housing and Urban Development Chief of Staff Andrew Hughes as the department's deputy secretary. Hughes also worked under former Secretary Ben Carson.
Build the future: What I learned when creating a new flagship office
CEO and founder Jill Butler offers insights to help you build something that reflects the heart of your company and provides the space for your agents to accomplish big things.
How to automate 60% of workflow without sacrificing service
AI will never replace the power of real connection, indie broker Amy Stockberger writes. But it can clear the clutter, remove the repetition, and give you back the time and energy to focus on what actually builds legacy.
Real estate AI firm Shilo raises $2.6M in seed round
Shilo makes a virtual assistant meant to boost real estate agents' productivity. The cash infusion comes as interest in artificial intelligence soars.