Rocket returns to profitability in Q2, yields early benefits from Redfin deal
Rocket Companies has returned to profitability despite a challenging second quarter for the mortgage industry, marked by economic uncertainties in the U.S.
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Compass posts record performance in Q2
Compass reported a 21.1% year-over-year revenue jump to $2.06 billion in the second quarter, with total transactions rising 20.9%.
PennyMac, the top dog in correspondent, says its broker business is booming
PennyMac said that over 5,100 brokers are approved to do business with the lender, up 19% year over year.
Homebuilders are weathering the trade war — for now
So far, major homebuilders have weathered the trade war, as D.R. Horton and PulteGroup said that tariffs have not heavily impacted them.
FOA president talks business progress amid strong Q1 earnings
FOA President Kristen Sieffert highlighted some of the company’s business progress in Q1, new marketing moves and an executive promotion.
Fathom stays optimistic about agent compensation plan even as losses mount
Fathom Holdings Inc. is under pressure to turn its business around, and its CEO thinks its new agent compensation model can do that.
Robert Reffkin on Compass’s pre-marketing strategy: What’s the downside?
Compass’s market share has peaked, rising from 4.47% a year ago to 6% at the end of March, while its principal agent count jumped to 20,656.
Rocket shifts focus to integration after Q1 growth in originations and M&A
Lower rates helped Detroit-based Rocket Companies improve its originations in the first quarter of the year, a period also marked by the announcement of two major acquisitions, Redfin and Mr. Cooper.
Zillow posts strong Q1, touts listing transparency and app traffic
CEO Jeremy Wacksman said the company remains on track to meet its full-year goals, including low- to mid-teens revenue growth.
Finance of America posts a profit, beats funded volume estimates in Q1 2025
One of the nation’s leading reverse mortgage lenders posted positive financial results in Q1 2025, leading to a rise in its share price.