loanDepot has received a deficiency notice from the New York Stock Exchange after its Class A common stock fell below the exchange’s minimum continued-listing price requirement. The mortgage lender disclosed Friday that it received written notice from the NYSE on Aug....
NEXA Lending is acquiring UMortgage in a major consolidation move involving two prominent companies in the independent mortgage broker channel. The transaction was announced Sunday, Aug. 23. Under the agreement, UMortgage will move onto NEXA’s larger operating...
The acquisition expands CoStar Group deeper into new-home construction data, builder software and residential real estate marketplaces. CoStar Group has completed its $800 million cash acquisition of Zonda, significantly expanding the real estate information and...
The transaction is now expected to close Monday, August 24, subject to remaining closing conditions. The Real Brokerage has received final court approval in connection with its proposed acquisition of RE/MAX Holdings, moving the transaction another step closer to...
The Eighth Circuit upheld the major real estate commission settlement this week, and I expect the legal arguments surrounding commissions will continue for some time. Objectors can still seek further review, an attorney representing some of them has said his clients...