Industry News

On Oct. 1, Rocket Companies completed its $14.2B acquisition of mortgage rival Mr. Cooper, calling it “the largest independent mortgage deal in history.”

The legal action brought by attorneys general in Arizona, Connecticut, New York, Virginia and Washington state comes a day after the FTC filed its own lawsuit.

In an unsigned order, the Supreme Court delayed until January its decision on the president’s attempt to immediately remove Cook.

The federal agency alleges the real estate giants broke antitrust laws when Zillow paid $100 million to become Redfin’s exclusive multifamily listings provider.

In a letter asking the court to transfer the case, Zillow says the lawsuit over listing photos is a “calculated attempt” by CoStar to “weaponize” litigation.

Though most of the photos initially flagged in a July 30 lawsuit were removed, CoStar alleges Zillow is now displaying 4,618 additional CoStar-owned images.

Millions of homebuyers could seek tens of billions in monetary relief if a court grants class certification in a case that mirrors Sitzer/Burnett and others.

With no more written objections allowed, the dates are set for final settlement hearings in two key commissions cases. Up first: Nosalek on Sept. 29.

The industry might not feel a direct impact, but a shutdown could intensify economic concerns that have slowed market activity for months. Plus: Fed, FHFA news.

Amanda Whitehead joins NAR "as part of our strategic efforts to continue to add and prove value to Realtors," said CEO Nykia Wright.

The Broker Public Portal has launched Cribio, a search platform with a consumer-first mandate that shares data back to its broker and MLS owners.

2025 President Oralia Herrera is urging members to “continue to lead” and “build with excellence” in anticipation of a steady rise in Latino homeownership.

If Compass’ acquisition of Anywhere goes through, it could trigger a private inventory race with major implications for the brokerage ecosystem — and consumers.

Samuel Herrera accuses Zillow of overlooking sexual harassment complaints against white execs while retaliating against him for reporting race discrimination.

One Realtor membership should provide access to MLSs and other tools statewide, broker argues. Plus, REX appeals to Supreme Court; Zillow exec to be deposed.

The combined companies would be worth $10 billion, with roughly 340,000 real estate professionals servicing about 120 countries and territories, Compass said.

The suit alleges the portal “tricks” buyers into using a Flex agent, which inflates commissions, and calls its private listing ban a “scheme to defraud buyers.”

Varun Krishna said he and Redfin CEO Glenn Kelman share “a common bond” in their goals for the future of homeownership. “We can do a lot together.”

The leadership shifts continue as Christy Schwartz, who has also served as the iBuyer’s chief accounting officer, steps into a role she held from 2022-2024.

Opendoor intends to expand its service area to the “entire continental United States” at some point “in the coming weeks,” a new SEC filing states.