Rocket’s Revenue Exceeds Expectations Again in Q3
Rocket Companies’ revenue exceeded all Q2 predictions, overcoming the mortgage and housing market challenges, as reported in their Q3 2023...
Premier
Job Growth Cools With U.S. Economy Adding 150,000 Jobs in October
Total nonfarm payroll growth increased by 150,000 in October, and the unemployment rate changed little, increasing 3.9% over last month’s...
Mortgage Mix: Uncertainty Lies Ahead as Rates Stall
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon....
eXp Foreshadows New Developments in Sexual Assault Lawsuit
In a Nov. 2 earnings call, Glenn Sanford, founder, CEO and chairman of virtual brokerage eXp directly addressed potentially looming...
Q3 Profits Slammed Shut on Opendoor Even as iBuyer Trims Overall Losses
For iBuyer Opendoor, “progress” in its third quarter earnings report came in the form of announcing a loss of “only”...
Redfin Hits Expectations in Q3 2023
Last quarter, in August 2023, Redfin predicted that their next quarterly total revenue would fall between $265 million and $279...
Offerpad Touts Progress as Net Losses Continue to Lessen in Third Quarter
The iBuyer Offerpad continued to tout trimmed losses and increased number of homes acquired as improvements from Q2 to Q3...
Zillow Q3 Earnings Numbers Zig and Zag; Portal Giant Acquires CRM
In a third quarter earnings call Nov. 1, Zillow Group reported better-than-expected revenue growth of $496 million, up 3% year-over-year,...
Zombie Foreclosures Rise Again in Q4
As of Q4 2023, 1.3 million (1,294,505) residential properties across the U.S. are vacant, representing 1.27% (1 in 78 homes),...
The Fed Keeps Rates Unchanged
Interest rates will not see a hike, nor any decrease, this week, according to the latest press conference from the...
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