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. – Rocket Mortgage has filed a lawsuit against rival United Wholesale Mortgage (UWM), seeking $100 million in damages. Rocket has accused UWM of profiting off of loans it sold to Mr. Cooper, which Rocket…
eXp World Holdings reported first quarter 2026 results Monday morning that exceeded the company’s revenue expectations and showcased what it described as operational improvements—even as executives signaled a strategic pivot through its acquisition of NextHome, a move that fundamentally broadens how eXp approaches the agent market. The company reported a revenue of $1 billion, up…
iBuyer Opendoor is continuing to hold its positive view as it pushed forward with its Opendoor 2.0 initiative to bring the company back to significant profitability, as executives expressed in its Q1 Open House. The company’s Q1 earnings report outlined another mixed quarter for the iBuyer, with several goals met while other metrics remained less…
REMAX Holdings reported Q1 2026 results on May 8, presumably the company’s last financial report as an independent entity after being acquired by Real Brokerage for $880 million late last month. The disclosure showed total revenue of $70.2 million, down 5.7% year-over-year. Adjusted EBITDA declined 19.3% to $15.6 million, with adjusted EBITDA margin contracting to…
Rocket Companies delivered a resounding first quarter showing strong execution despite market volatility, signaling that the company’s three-year transformation into a fully integrated homeownership platform is creating durable competitive advantages that competitors will struggle to replicate. During Rocket Companies’ Q1 earnings call Thursday, CEO Varun Krishna outlined three core themes for the quarter. “First, we…
Zillow posted a strong earnings report for Q1 2026, with revenue up year-over-year as the company launches new consumer-facing initiatives. But in CEO Jeremy Wacksman’s opening remarks to investors yesterday after the report, he specifically framed Zillow’s success as overcoming a housing market in a rut. “We once again outperformed the broader housing market, which…
Days after announcing it would be purchasing legacy franchisor REMAX for $880 million, ascendant tech-focused Real Brokerage announced strong financial results to kick off 2026, with agent count jumping 25% and revenues increasing sharply as company executives touted new opportunities from the acquisition. Reporting Q1 earnings, with $465 million revenue (up 34% year-over-year) and 41,882…
Compass remains in headlines this week as CEO Robert Reffkin addressed the industry’s “shifting stance on phased marketing” in the company’s recent Q1 2026 earnings call, as the brokerage touts new synergies and business growth from its recent acquisitions. Speaking to investors, Reffkin said that he and other Compass executives are “pleased to see several…
In a Q1 2026 earnings report April 30, iBuyer Offerpad, known for giving homeowners cash offers within 24 hours, released financial results that included generating $80.1 million in revenue vs. analyst estimates of $86.25 million, a 7.2% miss and a 50.2% year-over-year decline. The company reported 263 closed real estate transactions. In a release, the…
The data giant CoStar Group, operator of Homes.com and Apartments.com among other real estate businesses, set a confident atmosphere during its Q1 2026 earnings call; Founder and CEO Andy Florance touted “60 consecutive quarters of consistent, double-digit revenue growth” during the earnings call and the corresponding press release. Citing its ongoing success, CoStar shared plans…