Rocket stays profitable in Q3 but still in the red for the year

Cost-cutting helped the mortgage lending giant rack up its second consecutive profitable quarter, but at $61.45 billion, mortgage originations for the year to date are down 46 percent from a year ago.

In 2024, Lone Wolf customers to experience next-generation products

Prominent proptech company Lone Wolf Technologies used the stage at an industry conference to present a revamped product line set to roll out to real estate brokerages in phases starting in 2024, a Nov. 1 press release said.

EXp maintains profitability as revenue declines 2% to $1.2B

EXp World Holdings' revenue declined 2 percent annually to $1.2 billion in the third quarter, according to a call on Thursday. The company held onto its profitability, with net income reaching $1.4 million.

RE/MAX sees revenue decline for 5th consecutive quarter

Amidst challenging market conditions, the real estate franchisor's total revenue was down 8.7 percent year over year to $81.2 million, coming just shy of analysts' expectations. The company also suffered a net loss of $59.5 million.