LoanDepot boosts lending and profit margins, trims Q1 loss
Company founder Anthony Hsieh, who returned to the executive leadership team in March, says investments in technology, connections to real estate agents and joint ventures with homebuilders will help it scale....
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Fathom Holdings promotes 2 execs in strategic growth, mortgage roles
Sean Varin and Paul Marsh have been promoted to senior roles at Fathom Holdings and Fathom Holdings' subsidiary, Encompass Lending Group. The duo will be responsible for stoking growth opportunities at both companies....
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UWM shrugs off $241M Q1 net loss on loan servicing writedown
Executives put a positive spin on prospects for growth, with loan origination volume up 17 percent from a year ago to $32.4 billion and revenue up 5 percent to $613.4 million....
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Redfin unfazed by 2% revenue drop as it finalizes deal with Rocket
Despite a year-over-year decline in Q1, CEO Glenn Kelman voiced confidence in a statement on Tuesday as Redfin continued to finalize its $1.75 billion all-stock merger with Rocket Companies....
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EXp reports a dip in homes sold, agent count in Q1
The company reported having 81,904 agents at the end of the first quarter amid an ongoing slide in headcount. It also reported its agents sold 2 percent fewer homes in the quarter compared to a year ago....
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Opendoor trims losses in Q1, but revenue ticks down
The iBuyer also revealed Tuesday that it bought 3,609 homes in the first three months of 2025. That number represents a 4 percent year-over-year increase....
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Coldwell Banker nabs Bay Area-based Joe Velasco Group
The team did $180 million in sales volume via 90 transactions last year. Its move to Coldwell Banker comes amid an intense period for agent and team recruiting....
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$91M Northwest Arkansas indie joins Keller Williams
HomeQuest Realty has returned to Keller Williams after seven years away from the Texas-based franchisor. The firm, which closed $91.9 million in 2024 sales volume, will now operate as Curtis Realty Group....
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Ex-CEO accused of embezzlement sues association ahead of trial
Michael Mercurio, the former CEO of the Greater San Diego Association of Realtors and San Diego MLS, alleges wrongful termination as a separate suit against him is set to go to trial in October....
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Leading San Diego luxury agent Eric Iantorno aligns with Compass
Iantorno is a top luxury agent in San Diego, with more than $1 billion in sales over a 20-year career. Compass's office exclusives, among other tools, were a big draw, he told Inman exclusively....
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