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Blend trims loss, shrugs off decline in mortgage segment revenue

USA Real Estate News-Inman - Wed, 2024-05-08 17:08
Mortgage tech and cloud banking software provider says it's debt free and on faster track to profitability, thanks to $150 million cash injection from Haveli Investments.

Realtor.com revenue drops 6% as traffic growth remains flat

USA Real Estate News-Inman - Wed, 2024-05-08 15:54
Realtor.com parent company Move Inc. saw its fiscal third-quarter revenue decrease 6 percent yearly to $132 million as traffic to the site stalls at 72 million average monthly unique visitors.

Mortgage demand picks up as rates retreat from 2024 highs

USA Real Estate News-Inman - Wed, 2024-05-08 15:53
Some borrwers were quick to spring into action, with applications for purchase loans rising by a seasonally adjusted 2 percent and requests to refinance up 5 percent week over week.
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