Rocket Mortgage parent posts 2nd consecutive $400M+ quarterly loss

CEO Jay Farner says purchase pipeline has been growing, but constrained housing inventory and affordability present ongoing challenges.

Opendoor avoids epic 2022 losses in Q1, but revenue remains down

The iBuying giant saw revenue dip 39 percent year over year at the beginning of 2023, according to a Q1 earnings call Thursday. It also sold and bought fewer homes compared to the beginning of 2022.

With ‘Leo’ launch, Real Brokerage latest to integrate ChatGPT

Tech-forward real estate brokerage Real is known for its combination of in-house software development and third-party partnerships. That tactic continues with its latest integration of Open AI’s ChatGPT.

Ongoing doubts about soundness of regional banks rattle investors

Shares in regional banks PacWest Bancorp and Western Alliance Bancorp tumble, and TD Bank Group and First Horizon announce they're calling off their merger.