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Mortgage Mix: DOJ Sues Rocket Mortgage; GSEs Report Q3 Earnings
Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. – The Department of Justice (DOJ) filed a lawsuit against Rocket Mortgage and two separate appraisal firms in the U.S. District Court in Colorado, alleging that the firms participated in discriminatory practices that violate…
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RE/MAX Sees Domestic Agent Count, Revenue Tick Down, but Touts Productivity
Legacy mega-franchisor RE/MAX reported a 3.4% drop in revenue and a 4.4% drop in agents across the U.S. and Canada, citing broader housing-market headwinds and an exodus of agents from the industry even as the company expects “positive momentum” heading into 2025. With a total of $78.5 million in revenue and a net decrease of…
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Termination, generation, Clear Cooperation: Inman’s Top 5
November Cover Story: Moving Past the ‘Bad Internet’
This time last year, Homes.com made big waves in residential real estate. The portal announced that it had achieved 100 million unique visitors to edge into the No. 2 spot behind Zillow. And that was before their massive marketing campaign kicked off. One year later, Homes.com has clocked a series of jaw-dropping milestones, further strengthening…
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The November Issue of Real Estate Magazine Is Now Live
The November issue of RISMedia’s Real Estate magazine is now available, and not to be missed are several exclusive features, including an in-depth look at the Homes.com business model of “Your Listing, Your Lead,” and how it has taken agents’ business further than before. In addition , we look at United |VPR’s record growth, open…
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Employment Report Comes in Flat, Adding to Economic Worries
With only days before the presidential election and with inflation on track to fully normalize, all eyes have been on the labor market, which for almost two years remained strong despite a historic rate-raising campaign by the Fed. That strength has appeared more shaky, and this month’s report shows the most significant signs of weakness…
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