
Anywhere shares seesaw after company reports $138M loss in Q1
The brokerage giant spooked investors with its latest earnings report, in which first-quarter revenues were down 31 percent year over year.
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Offerpad narrows losses despite another quarter of falling revenue
Following a dramatic Q4 in which the iBuyer posted losses of $121.1 million, Offerpad improved its net loss by 51 percent to $59.4 million in Q1 as it struggles to adapt to a shifting market.
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Zillow begins ‘critical’ year with mounting losses, falling Q1 revenue
Zillow brought in $469 million in revenue, according to an earnings call Wednesday, falling 13 percent from the $536 million it brought in a year earlier during a period that preceded the rate hikes and sluggish sales.
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Fannie and Freddie boost profits even as mortgage business tanks
The $68 billion in single-family mortgages Fannie Mae acquired during the first quarter made it the slowest period in more than 20 years.
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