Glenn Sanford has stepped down as chief executive of AGNT, the publicly traded parent of eXp Realty, handing the job to Leo Pareja while retaining the chairmanship of the company he founded in 2009. The leadership change announced Thursday takes effect immediately....
eXp Realty and Newrez announced a mortgage joint venture Thursday that would put a large nonbank lender’s origination and servicing platform behind one of the country’s biggest real estate agent networks, with operations planned to begin in early 2027. The...
Century Communities has acquired substantially all of the assets of HistoryMaker Homes, a five-generation Texas builder whose operations are concentrated in Dallas-Fort Worth, giving the publicly traded company three times as many communities in one of the...
St. Louis Federal Reserve President Alberto Musalem said Thursday that the central bank may need to raise interest rates further over the next six to nine months to return inflation to its 2% target, giving investors a more explicit sense of the period in which he...
The average U.S. 30-year fixed mortgage rate climbed to 7.40% this week, its highest reading since November 2023, extending a seven-week rise that has sharply increased borrowing costs for homebuyers and narrowed refinancing opportunities for homeowners. Freddie Mac...