Rocket Lays Off 2% of Staff Following Redfin Acquisition
Just a few weeks after acquiring Redfin for $1.75B, Detroit-based Rocket Companies last Friday laid off 2% of its workforce. ...
Tag: layoffs
DOGE-Fueled Federal Job Cuts Impacting Washington, D.C. Housing Market: Bright MLS
Federal workforce cuts under the Trump administration’s Department of Government Efficiency (DOGE) initiative are having a ripple effect on the ...
Opendoor Axes 22% of Its Workforce Amid Continued Headwinds
The headwinds that began in the middle of 2022 have yet to give an inch as companies try to weather ...
Mortgage Mix: Rates Move Slightly While Applications Rebound
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday. According ...
Mortgage Mix: Lawsuits, Rate Hikes and Settlements, Oh My!
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday. -After ...
Mortgage Mix: Lenders Restructuring After a Year of High Rates
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday. According ...
Wells Fargo Announces Large-Scale Withdrawal From Mortgage Market
In a long-telegraphed move by the once preeminent mortgage lender, Wells Fargo this week announced a series of “strategic plans” ...
Anywhere Sunsets RealSure and Lays Off Staff Amid ‘Worsening’ Market Trends
It seems like everyone is getting out of iBuying these days. At least that's the case for Anywhere Real Estate, ...
Compass’ ‘Cost-Reduction’ Efforts Yield More Layoffs and HQ Sublease Move
What a way to start the new year. That's likely on the minds of several folks at Compass as the ...
What’s Behind the New Homes.com: Andy Florance Gets Down to Brass Tacks
After acquiring Homesnap in 2020 and Homes.com in 2021, CoStar Group is closing 2022 with more headline-making announcements: the relaunch ...
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