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 […]
Mortgage Connect noncompete ruled unenforceable in PA Read More »
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
Figure posts strong Q1 on surge in blockchain lending activity Read More »
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
Trump to Congress: Pass ROAD Act with institutional investor ban Read More »
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
NextHome opens two Southern California offices with 200 agents Read More »
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
April CPI rises 0.6% as annual inflation ticks up to 3.8% Read More »
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,
Real estate tech started like streaming and ended as a bundle Read More »
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
Cotality launches Broker Listing Exchange with KW, HomeServices Read More »
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
MeridianLink expands AI offerings as volume, customer growth accelerate Read More »
If you want to understand where the mortgage industry is headed, spend a few days listening to lenders at gatherings like ICE Experience, HousingWire’s The Gathering or Texas MBA’s annual convention when they are not presenting, not pitching and not on panels. Spend time in the hallways. At the booths. In the quiet conversations between
What lenders are really saying about efficiency in 2026 Read More »
There is a word being used right now to scare real estate professionals into surrendering their judgment and independence. That word is private. It’s being used like magicians use abracadabra, hoping nobody notices what the other hand is doing. We’re told private listings will harm consumers and undermine fair housing. That they are the “dark
Are private listings a consumer risk or a power grab? Read More »