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Supreme Lending brings on $100M Lasso Lending team

Houston, HWmember, Lenders, Loan Officer, Mortgage, Origination, People Movers, Texas /

Branch manager Austin Baker and his Houston-based team, Lasso Lending, have joined Supreme Lending, bringing more than $100 million in annual loan production to Supreme’s platform. The move deepens Supreme Lending’s presence in the Houston metropolitan area, one of the nation’s most active and competitive housing markets, according to the company’s announcement. Baker entered the […]

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Brokerage consolidation shifts lead flow and retention models

Agent, Brokerage, Compass, Contributors, eXp Realty, HWmember, Mergers and Acquisitions, NextHome, Opinion, Real Estate, REMAX, The Real Brokerage /

Two transactions. One structural shift. Compass’s acquisition of Anywhere and Real’s $880 million deal for REMAX are not simply the largest brokerage transactions in recent memory. And, now add to that eXp’s acquisition of NextHome and together, they represent something the residential real estate industry has not seen before: the emergence of vertically integrated platform companies operating at

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Mortgage Connect noncompete ruled unenforceable in PA

Federal Trade Commission, HWmember, Legal, Mortgage, Mortgage Connect, Pennsylvania /

The lawsuit that prompted Federal Trade Commission (FTC) Chairman Andrew N. Ferguson to issue a warning letter to Mortgage Connect last week has dealt the company a significant legal blow. As the FTC scrutinizes Mortgage Connect for deploying “unjustifiable noncompetes,” a Pennsylvania judge ruled that the company’s contract was so “sweeping” and “overbroad” that it’s

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Figure posts strong Q1 on surge in blockchain lending activity

Blockchain, Earnings, Figure Technologies, HWmember, Mortgage, Origination, Technology /

Figure Technology Solutions reported first-quarter net income of $45 million as the blockchain-based lending marketplace nearly doubled revenue and more than doubled consumer loan marketplace volume year-over-year. The company said on Tuesday that its consumer loan marketplace volume rose 113% year over year to $2.9 billion in the quarter ended March 31. Figure Connect volume

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Trump to Congress: Pass ROAD Act with institutional investor ban

build-for-rent, Donald Trump, Housing Policy, HWmember, Policy, The Builder's Daily, Trump administration /

President Donald Trump, in a Truth Social post Monday night, urged Congress to pass the 21st Century ROAD to Housing Act.  In the post, Trump doubled down on his support for a ban on institutional investors buying single-family homes. The Senate’s version of the bill includes a provision that would prohibit investment firms that own

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NextHome opens two Southern California offices with 200 agents

Brokerage, eXp Realty, eXp World Holdings, HWmember, NextHome, People Movers, Real Estate /

Brokerage leader Albert Meggers has launched two large Southern California offices under the NextHome brand, bringing nearly 200 agents onto the franchise’s new large-office model following its acquisition by eXp World Holdings. NextHome, a national real estate franchise and subsidiary of eXp World Holdings, said it is expanding its Southern California footprint with two coastal

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April CPI rises 0.6% as annual inflation ticks up to 3.8%

Bureau of Labor Statistics, Consumer Price Index, Housing Market, HWmember, Inflation, Mortgage Rates, U.S. Bureau of Labor Statistics /

The prices for goods and services continued to climb month-over-month in April, but at a slower pace than they did in March.  In April the Consumer Price Index for all items rose 0.6% from a month prior on a seasonally adjusted basis, according to data released Tuesday by the U.S. Bureau of Labor Statistics. This

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Real estate tech started like streaming and ended as a bundle

Agent, Contributors, HWmember, Opinion, Proptech, Real Estate, real estate teams, Real Estate Technology, Technology /

Remember when Netflix felt like the answer to everything? One price, one app, watch whatever you want. People were ditching cable because the math was obvious. Why pay for 200 channels when $12 a month got you everything you wanted to watch. Simple, cheap, done. Then Disney launched their own thing. Then HBO. Then Paramount,

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Cotality launches Broker Listing Exchange with KW, HomeServices

Cotality, HomeServices of America, HWmember, Keller Williams, MLS, MLS/Associations, Real Estate, Technology /

Cotality has launched Broker Listing Exchange, or Cotality BLX, with Keller Williams and HomeServices of America as the first firms to implement the system, according to an announcement on Tuesday.  Cotality BLX is an enterprise listing management and distribution platform that gives brokerages more direct control over how listings are created, standardized and syndicated across

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MeridianLink expands AI offerings as volume, customer growth accelerate

Artificial Intelligence, HWmember, MeridianLink, Mortgage, Mortgage applications, Technology /

MeridianLink, a provider of digital lending and data-driven decisioning solutions, announced on Tuesday that it is expanding its platform with new artificial intelligence capabilities and continued growth in its mortgage business. The company launched MeridianLink Intelligence, an embedded AI offering within its MeridianLink One platform. The system, nicknamed “Millie,” deploys role-based AI agents designed to

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