Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. Michelle Bowman, a governor at the Federal Reserve and the Fed’s Vice Chair for Supervision, told the Senate Banking Committee on Thursday, February 26 that she intends to announce an update to the Basel…
In the culmination of what was a busy year for Rocket Companies, after acquiring both Redfin and Mr. Cooper, the company detailed another large milestone in its recent earnings call with investors—a partnership with Compass. In its own recent earnings call, Compass CEO Robert Reffkin dropped the news that it had entered into a three-year…
Compass used its fourth-quarter 2025 earnings call to unveil a sweeping three-year exclusive alliance with Rocket Companies that will push the brokerage’s private and coming-soon listings onto Redfin—a direct shot at the “Zillow ban” just weeks after a federal judge handed Compass a significant setback in its antitrust lawsuit against the portal. Under the deal,…
As Compass moves forward following the closing of its industry-shaking acquisition of Anywhere, the brokerage’s founder and CEO announced that Neda Navab, his former chief of staff and most recently leader of brokerage operations, has been appointed the new president of Compass Real Estate. With the company reorganizing to absorb Anywhere and Reffkin taking the…
U.S. District Judge Jeannette Vargas of the Southern District of New York has denied Compass’s request for a preliminary injunction against Zillow’s new listing rules (what it calls “Listing Access Standards”), allowing the portal’s new rules to remain in effect while the broader antitrust lawsuit plays out. The decision delivers a significant legal setback for…
Ryan Schneider, the CEO who guided Anywhere Real Estate through significant industry challenges and strategic repositioning, has departed the company per an agreement set as part of its acquisition by Compass in January. The move was not publicly announced by Anywhere, but Schneider updated his LinkedIn profile to reflect his January exit. Anywhere’s chief technology…
Compass has released its 2025 Ultra-Luxury Report, which examines U.S. home sales of $10 million and above across 84 markets. The findings point to a re-acceleration of ultra-luxury housing, driven by resurgent public and private financial markets. Across the markets analyzed, 2,261 homes sold for $10 million or more, collectively generating $38.63 billion in sales,…
From left, Steve and Hans Wydler For years as luxury real-estate brokers in the DMV (D.C., Maryland, Virginia), we’ve watched a stubborn trend erode housing mobility: Long-time homeowners are increasingly choosing not to sell. It is not because they don’t want to, but because the U.S. tax code penalizes them for doing so. Under current…
Above, Lacey Conway HomeServices of America has announced that Lacey Conway has been named President of Long & Foster Real Estate, a leading real estate brokerage and a HomeServices of America company serving the Mid-Atlantic and Northeast regions. Conway will partner closely with Patrick Bain, CEO and president of The Long & Foster Companies, to…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Partial settlement reached in Roberts v. eXp Realty case Plaintiffs Anya Roberts, Fabiola Acevedo, Christy Lundy, Tami Sims and Megan Farrell-Nelson and defendant Brent Gove have reached a confidential settlement “fully and finally…
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