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The Fed could cut rates in September. Mortgage pros are skeptical of the impact

August 1, 2025 by bp56691
While many expect the Federal Reserve to cut interest rates at its September meeting, mortgage professionals caution that even if it happens, it won’t significantly impact the industry.
Categories Federal Reserve, Homebuyers, HWmember, LendingLife, Mortgage, Mortgage Rates, Mortgage Rates Center, Origination, Refinancing

Rocket returns to profitability in Q2, yields early benefits from Redfin deal

July 31, 2025 by bp56691
Rocket Companies has returned to profitability despite a challenging second quarter for the mortgage industry, marked by economic uncertainties in the U.S.
Categories Earnings, HWmember, LendingLife, Mortgage, Origination, Rocket Companies, Rocket Mortgage, Varun Krishna

Agent count a bright spot for eXp in Q2 2025

July 31, 2025 by bp56691
eXp recorded weak financial results in Q2 2025, but the company is optimistic due to positive agent-count growth.
Categories eXp Realty, eXp World Holdings, Glenn Sanford, HWmember, Real Estate

Connecticut firms merge under Better Homes and Gardens Real Estate brand

July 31, 2025 by bp56691
The merger brings together roughly 150 affiliated sales associates across four offices in Monroe, Bridgeport, Newtown and Middlebury, Conn.
Categories Anywhere, Better Homes and Gardens Real Estate, Brokerage, Connecticut, HWmember, Mergers and Acquisitions, Real Estate, Real Estate Agents

Redfin integrates CubiCasa interactive floor plans

July 31, 2025 by bp56691
CubiCasa’s technology allows agents and photographers to generate detailed floor plans and tours using a smartphone scan.
Categories Artificial Intelligence, Brokerage, HWmember, Real Estate, Real Estate Agents, Real Estate Listings, Redfin, Technology

John L. Scott CEO unpacks AI strategies and MLS consolidation

July 31, 2025 by bp56691
The conversation touches on the transformative impact of artificial intelligence across sectors and the need for MLS consolidation.
Categories Artificial Intelligence, Brokerage, HWmember, MLS, Podcast, Podcasts, Real Estate, Team Leaders

Compass CFO Kalani Reelitz announces departure

July 30, 2025 by bp56691
Chief Accounting Officer Scott Wahlers will be promoted to CFO, with the move becoming effective at the end of August.
Categories Brokerage, Compass, HWmember, People Movers, Real Estate, Real Estate Agents, Robert Reffkin

Compass posts record performance in Q2

July 30, 2025 by bp56691
Compass reported a 21.1% year-over-year revenue jump to $2.06 billion in the second quarter, with total transactions rising 20.9%.
Categories Compass, Earnings, HWmember, Mergers and Acquisitions, Real Estate, Robert Reffkin

Trump signs VA foreclosure prevention bill into law

July 30, 2025 by bp56691
The VA Home Loan Program Reform Act establishes a permanent partial claims program designed to help veterans avoid foreclosure.
Categories Delinquencies, Department of Veterans Affairs, Donald Trump, Foreclosure, HWmember, Legislation, Mortgage, Politics, Trump Administration, U.S. Department of Veterans Affairs, Veterans

Realty Executives International unifies Arizona operations

July 30, 2025 by bp56691
The realignment brings together nearly 1,000 agents across 24 statewide offices, with seven additional locations slated to open soon.
Categories Arizona, Brokerage, HWmember, Phoenix, Real Estate, Real Estate Agents
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