KBW Designates Ellington and Longbridge as Outperformers Following Strong Q2 Earnings
Analysts at Keefe, Bruyette & Woods project a favorable outlook for Ellington Financial and its reverse mortgage arm, Longbridge Financial, post Q2 earnings.
Gibson Suit Plaintiffs May Inform MLSs of Settlement Data Responsibilities
Judge Bough allows Gibson plaintiffs to inform opt-in MLSs about settlement terms, mandating the sharing of listing and commission data through providers like FBS.
Longbridge Achieves 38% Increase in Originations, Driving $54.4M Profit for Ellington
Ellington Financial Inc. reported robust Q2 earnings of $54.4 million, fueled by excellent loan credit performance and rising reverse mortgage production at Longbridge Financial.
Achieve Completes $261.5 Million HELOC Securitization Deal
Achieve has successfully completed a $261.5 million securitization of new home equity lines of credit (HELOCs), marking its ninth total issuance to date.
Realtors Property Resource Names Chief Strategy and Product Officers
Both executives bring extensive leadership experience to RPR, driving innovation in real estate data solutions and enhancing product offerings for industry growth.
UWM introduces ‘Bullseye 90’ with a 90-basis-point broker discount.
United Wholesale Mortgage introduces a new pricing incentive, offering a 90-basis-point discount across various loans for broker partners until Sept. 8.
HouseMe.ai Introduces Direct MLS Connections in the U.S. Market
HouseMe.ai expands its presence in the U.S. with direct MLS connections in 7 mid-Atlantic markets, aiming for a nationwide rollout to enhance property access.
Compass Achieves Record Revenue and Increased Profits Following Acquisition
Compass reported significant Q2 revenue of $4.3B and a net income of $92M, with $180M in free cash flow, driven by Anywhere's performance.
Rechat Partners with ChatGPT and Claude for Enhanced Integration
Discover how Rechat's MCP Server empowers agents with AI assistants to streamline tasks related to business data, enhancing efficiency in managing contacts, deals, and campaigns.
A New Source of Affordable Housing Supply Emerges
Auction.com reports a 23% YoY increase in foreclosure auction volume in Q2, driven by eased seller pricing and higher sales rates, potentially boosting affordable inventory.