Severance pay arrives early. Work computers shut down. Former Better employees describe how they found out they were let go Tuesday. Source: Inman News
Posts published in “Banking & Lending”
Layoffs had been anticipated and numbered in the thousands. Workers reported receiving no advanced notice that they were laid off. Source: Inman News
Loan activity dropped 11 percent, the fastest rate of decline since 2019, according to Attom Data Solutions. Refinance, purchase, home-equity mortgages were down in the…
In response to Russia’s military invasion of Ukraine, Western sanctions are driving up mortgage rates in Russia to previously unseen levels. Inman spoke with Russian-based…
The number of homes that went pending in January, a leading indicator of future sales, fell 9.5 percent year over year, according to data released…
Rising home prices don’t always mean higher monthly payments. But as the pandemic-era market wears on, buyers are increasingly feel the squeeze. Source: Inman News
Smaller real estate investors are also feeling the impact of a new wave of institutional investors into markets across the country, economists and investors told…
The partnership will allow users of SkySlope to tap into secure payment technology to pay earnest money deposits immediately upon a contract’s signing for deposit…
Compass’ revenue jumped 31 percent in the fourth quarter of 2021, and 73 percent for the entire year, though expenses related to the company’s public…
In a new SEC filing, the mortgage lender points to actions by CEO Vishal Garg as reasons that areas of company culture “require improvement.” Steep…