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HousingWire
- Guild posts origination gains in Q1, declares a dividend May 9, 2024Guild posted origination gains and a sharp increase in net revenue in Q1, declaring a dividend of 50 cents per share.
- Reverse mortgage volume and HMBS issuance improve in April May 9, 2024Reverse mortgage performance indicators showed improvement in April, with increases in endorsement volume and securities issuance.
- A homeowners insurance perfect storm: Providers’ costs rise, users’ coverage shrinks May 9, 2024As insurance premiums rise and costs for insurers are difficult to control, a new report from Deloitte examines the impacts.
- Top indie firm Portside acquires another brokerage in Central Maine May 9, 2024Portside Real Estate Group, led by Dava Davin, has acquired Lakepoint Real Estate, led by industry veteran Dan McCarron.
- Rocket bets big on AI for bespoke customer experiences May 9, 2024Rocket CEO Varun Krishna sat down with HousingWire CEO Clayton Collins at The Gathering event to talk about the company’s AI strategy.
- Life of Social Security trust fund gets slight extension May 9, 2024There is a slight amount of good news about the longevity of the Social Security Trust Fund, according to a new report submitted to Congress.
- Blend, now “debt-free,” remains confident about reaching profitability by the end of 2024 May 9, 2024To deliver a profit, Blend used a $150 million preferred equity investment from Haveli Investments and paid down the balance of its outstanding debt.
- Judge approves brokerage commission lawsuit settlement agreements May 9, 2024Settlements reached by Anywhere, RE/MAX and Keller Williams in the commission lawsuits were approved on Thursday.
- UWM returns to profitability in Q1 amid MSR sales, improved margins May 9, 2024Regarding new pricing initiatives like Game On, UWM CEO Mat Ishbia said, "I don't foresee that right now."
- Compass CEO Reffkin believes agents will still be valued in a post-settlement world May 8, 2024Compass executives discussed the firm's financial results, and its commission lawsuit settlement agreement, during a Q1 earnings call.