Industry News

Donna King joins the North Carolina association’s C-suite effective immediately. Plus, Rocket adds Sarah Watterson to its board as an independent director.

The trade group met with federal officials about solutions. Plus, state AGs sue over lender rule change; new accessible housing bills introduced in D.C.

In a recent opinion column, Derrick Johnson called for “commonsense guardrails” to protect against what he sees as “a modern form of digital redlining.”

The iBuyer is repurchasing approximately 45.3 million of its own shares, a move that it said will reduce shares outstanding by 5%.

The More Homes on the Market Act now has 174 co-sponsors in D.C. Plus, consumer advocacy groups raise objections about proposed mortgage lending rule changes.

Jeff Bosch will step in when outgoing CEO Matt Consalvo retires this fall. Plus, Michael Altneu joins REMAX as VP of the franchisor’s luxury division.

Flexmls had refused to release MLS data on its platform. Plus, a special master in Sitzer/Burnett is accused of bias; FTC, Zillow want witnesses nixed; more.

The central bank official, who began fighting mortgage fraud allegations about a year ago, was given until Aug. 26 to respond to the White House’s claims.

Former SEC and U.S. Chamber of Commerce officials, among others, are urging the court to grant Zillow’s request for review of an investor lawsuit filed in 2021.

A year after closing its acquisition of Redfin, the mortgage giant said the share of buy-side clients coming in through the portal is nearing its target level.

A day after laying off 500 employees, the portal giant reported positive momentum in Q2 — but the company’s stock price still fell in after-hours trading.

Zillow’s CFO adds COO to his title, while a Google lawyer joins the company as chief legal & policy officer. Plus, HSoA and RPR promote longtime execs; more.

The portal said its Listing Access Standards, which were at the heart of its conflict with the Tennessee-based MLS, “remain in full effect” in the region.

With revenue up from Q1, the iBuyer is “incredibly bullish” about the future. We're “setting ourselves up so we can have an excellent 2027,” the CEO said.

In an online statement, CEO Jeremy Wacksman said the staff reductions would help the company maintain a “disciplined cost structure” and improve efficiency.

The company said its new platform, which launched for agent applicants last month, aims to provide property valuations within 3% of a home’s final sale price.

As bad actors employ new tech to level up, “we’re finding that becoming human-centric is essential,” said Eric Taylor, head of trust and safety at TurboTenant.

The brokerage released an analysis of its listings showing that those posted on Zillow sold for 1.3% less than “banned” listings. Some experts disagree.

Despite again reporting year-over-year revenue growth, CoStar’s share price fell amid investor queries about Homes.com and headwinds in the rentals space.

Two special masters were appointed to oversee the distribution of funds. Plus, eXp sexual assault case headed to trial; intervention requested in Tuccori; more.