United Mortgage Prepares for a Rate Cut and Refinance Boom
With a Federal Reserve rate cut on the tongues of every industry economist, the mortgage market is readying itself for ...
Tag: Revenue
Technological Focus Continues to Drive Rocket Mortgage’s Success
As the mortgage industry continues to see signs—lowering mortgage rates and worsening applications—that point to the strong possibility of a ...
Compass CEO Weighs In On Clear Cooperation Rule During Earnings Call
Compass held its Q2 earnings call on Wednesday, July 31, 2024. During the investor Q&A portion, CEO and Founder Robert ...
CoStar Says Homes.com Is ‘Fast Approaching’ Zillow in Traffic
CoStar Group, the commercial real estate heavyweight that is making waves in residential spaces, announced in an earnings call July ...
Directionals Point North for Compass With Strong Q1 Earnings, Agent Gains
In a generally upbeat Q1 earnings report May 8, residential real estate company Compass showcased $1.05 billion revenue, a 10% ...
Rocket Mortgage Impresses With $1.2 Billion Earned in Q1 2024
As the economy waivers recently—with mortgage rates back up above 7%, the most recent PCE report demonstrating a rise in ...
Anywhere Q1 Results: Slide Continues With Net Loss of $101 Million
In a Q1 2024 earnings call Apr. 25, Anywhere Real Estate reported a $101 million loss for the quarter, continuing ...
Redfin Pushes New Agent Compensation Model, Reports Quarterly Declines
While Redfin reported losses during quarterly earnings reports in 2023, the company maintained a mood of cautious optimism. CEO Glen ...
Compass Satisfied With Q4 Performance Compared to National Averages
Compass reported increases of principal agent count by 7.7%, up 1,046, and quarterly market share up 4.41%—a jump year-over-year by ...
Rocket Mortgage Focuses on AI as Earnings Continue to Grow
Rocket Companies stated that they are increasing their focus on technology and AI as they continue to thrive amidst mortgage ...
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