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With Hsieh in the driver’s seat, loanDepot posts revenue of $283M

August 7, 2025 by bp56691
loanDepot grew originations 30% and cut expenses in Q2 2025, narrowing its net loss as founder Anthony Hsieh resumed CEO duties
Categories Anthony Hsieh, Earnings, HWmember, LendingLife, loanDepot, Mortgage, Origination

Trump taps economic adviser Stephen Miran for Fed board seat

August 7, 2025 by bp56691
Miran, who currently chairs the Council of Economic Advisers, is being appointed to serve the remainder of a term that expires in early 2026.
Categories Donald Trump, Federal Reserve, HWmember, Interest Rates, Mortgage, Mortgage Rates, Politics, Regulatory, Trump Administration

Realtor.com: Price premium for new homes sinks to all-time low

August 7, 2025 by bp56691
Realtor.com: Price premium for new homes sinks to all-time low
The premium for new construction homes dropped to 7.8% nationally as builders held prices steady and existing-home prices jumped.
Categories Affordability, Data & Visuals, Existing home sales, Home Prices, Housing Market, Housing Market Data, HWmember, New Home Sales, Realtor.com

Aperture Global Real Estate expands into Montana

August 7, 2025 by bp56691
Aperture — the luxury affiliate of LPT Realty — has established a presence in 17 U.S. states and four international cities.
Categories Brokerage, HWmember, LPT Realty, Luxury Real Estate, Montana, Real Estate, Real Estate Agents

Cypress Loan Servicing settles foreclosure case for $2M

August 7, 2025 by bp56691
Cypress reached a $2 million settlement with the Massachusetts AG over alleged violations of foreclosure prevention and consumer protection laws.
Categories Foreclosure, HWmember, Lawsuit, Legal, Massachusetts, Mortgage, Mortgage Servicing, Servicing

Zillow wants to be the hub for consumers and agents

August 6, 2025 by bp56691
Zillow Group posted double-digit revenue growth and $2 million in net income in Q2 2025 despite a relatively slow housing market.
Categories Clear Cooperation, Earnings, HWmember, Real Estate, Real Estate Listings, Zillow, Zillow Premier Agent

HomeStory’s McClelland speaks on changing real estate landscape

August 6, 2025 by bp56691
Craig McClelland, the chief strategy officer at HomeStory, joined RealTrending for a conversation about the shifting real estate status quo.
Categories Brokerage, HWmember, Podcast, Podcasts, Real Estate, Real Estate Agents, Rocket Companies, Technology, Zillow

Top-producing Banner Team joins Compass, expanding DC-area presence

August 6, 2025 by bp56691
The 13-agent team brings more than 100 years of combined experience and over $2.03 billion in closed sales to Compass.
Categories Brokerage, Compass, HWmember, Luxury Real Estate, Maryland, Real Estate, Real Estate Agents, Virginia, Washington, D.C.

Opendoor teams up with Jason Mitchell Group

August 6, 2025 by bp56691
As it looks to leverage agent relationships to get back to profitability, Opendoor announced a partnership with the Jason Mitchell Group.
Categories Brokerage, HWmember, iBuying, Jason Mitchell Group, Opendoor, Partnerships, Real Estate, Real Estate Agents, Technology

San Francisco Realtors add virtual staging tools

August 5, 2025 by bp56691
The technology allows real estate agents to transform empty rooms into photorealistic, professionally designed interiors in minutes.
Categories Artificial Intelligence, California, HWmember, Real Estate, Real Estate Agents, San Francisco, Technology
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