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Redfin, Compass Deliver Pink Slips Amid Slowing Market

Faced with rising rates and falling sales, real estate companies Redfin and Compass have each unveiled a round of layoffs. So reports CNBC. Read more...

How to Get the Appointment with Your Recruiting Targets

While it is important to identify your recruiting targets and the tools to help you reach and provide value to these targets, it is also important to know what to say to prospects. The ability to uncover the needs of your prospects is essential. Read more...

Getting Comfortable with Sales Discomfort

During a recent conversation, a senior executive and I discussed how hard it’s been for some originators to transition from the refinance boom to the tougher grind of purchase money. Read more...

Mr. Cooper Lays Off Another 5% of Workforce

After a round of layoffs earlier this year, Mr. Cooper has given pink slips to an additional 420 employees, or about 5% of its headcount. So reports The Real Deal. Read more...

Ex-Better.com Exec Claims CEO Misled Investors

A former Better.com executive has sued the company and CEO Vishal Garg for allegedly misleading investors ahead of a planned merger with a special-purpose acquisition company, or SPAC. So reports The Wall Street Journal. Read more...

United Wholesale CEO Loses Out on Bid for Denver Broncos

A bidding group organized by United Wholesale Mortgage CEO Mat Ishbia is out of the running for the Denver Broncos. So reports Yahoo Sports. Read more...

Canada’s Pine Plots Mortgage Expansion with $27M Funding

Pine, a Canadian startup offering a digital direct-to-consumer mortgage model, has banked $27 million as it plans for growth. So reports Bloomberg. Read more...

Mortgage Startup Tomo Cuts Staff by One-Third

Tomo, a startup that aimed to become a “Paypal for the mortgage industry,” has laid off 44 people, representing almost one-third of its headcount. So reports The Real Deal. Read more...

Mortgage Fraudster Sentenced After Conning Father

A 40-year-old UK woman has been sentenced after her mortgage-fraud conviction for duping her father into buying a property. So reports the St. Helens (UK) Star. Read more...

Ask The Expert: How to Help Real Estate Agents Grow Their Biz?

Many readers have written to me about rising rates and plummeting production and I have dedicated two previous columns to addressing this topic. Here is my third and final segment on it, which will focus on delivering value to real estate agents. Read more...

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