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Planet Financial posts 64% annual growth in residential originations

Planet Financial Group LLC, the parent of national mortgage lender Planet Home Lending, on Tuesday reported strong growth across its servicing, origination and asset management channels in the second quarter of 2025. The company — which also does business under the name Planet Loan Servicing and asset manager Planet Management Group — grew its total […]

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Zillow, BHHS partner to provide listing tools to U.S. agents

Berkshire Hathaway HomeServices (BHHS) and Zillow are teaming up to bring BHHS’s agents Zillow’s AI-powered Showcase tools.  On Tuesday, Zillow announced that it had entered into an agreement with BHHS to provide the U.S.-based members of the BHHS network with access to Zillow’s Showcase. This agreement was preceded by an earlier product partnership with BHHS’s

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Knock closes $100M securitization, says it’s reached profitability

Knock, a real estate technology company that helps homeowners to buy before they sell, on Tuesday announced the close of its inaugural $100 million securitization. Cantor Fitzgerald & Co. served as the initial purchaser and bookrunner for the transaction, which closed on Aug. 14 and generated strong demand from well-established institutional investors in residential mortgage-backed

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Why agents are the front line in fighting rental fraud

The single-family rental (SFR) market is no longer a niche corner of real estate. It now makes up a significant share of the rental housing sector, fueled by years of steady growth. While institutional investors have entered the space with purpose-built communities and large portfolios, the majority of these properties are still owned by individual

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Trump fires Lisa Cook in latest move to pack Federal Reserve with supporters

President Donald Trump fired Federal Reserve Governor Lisa Cook Monday evening after calling for her resignation last week over allegations of mortgage fraud. The move further consolidates Trump’s power at the Fed, which has traditionally been an independent organization shielded from overtly political actions. Cook, who was appointee to the seven-member Federal Reserve Board by

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Beyond Redfin: Zown bets on AI, salaried agents and buyer rebates

When Rishard Rameez, co-founder and CEO of Canadian-based real estate brokerage Zown, bought and sold a home within the same year, the inefficiencies of the process left him frustrated. “I couldn’t wrap my head around the fact that I had to pay [almost] all of my down payment towards covering the real estate agent’s fees,

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Rent collections improve slightly, but late payments signal strain

On-time rent payments improved in August 2025, offering a rare positive note in a year marked by declining performance, according to new data from Chandan Economics. Preliminary estimates for August show that 83.2% of tenants at independently operated units paid their rent on time — up 34 basis points (bps) from July. July’s figure was

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Rocktop’s Cade Thompson on inefficiencies in mortgage lending

Fannie Mae‘s latest Mortgage Lender Sentiment Survey points to a growing trend of lenders that want to make the mortgage process and its various components as efficient as possible. In 2025, lenders ranked streamlined business processes, reduced costs and consumer-facing technology as their leading priorities. Every touch point in a mortgage’s life cycle — from

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eXp welcomes back The Victorica Group in San Antonio

The nation’s top brokerage by transaction side count continues to expand. On Monday, eXp Realty announced that it was welcoming back San Antonio-based The Victorica Group.  The group was formed at eXp, but went on to briefly operate as an independent brokerage. It ultimately decided to return to eXp after being courted by several other

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Reverse mortgage lenders log Q2 profits amid home equity, AI push

The publicly traded companies in the reverse mortgage space were largely profitable in the second quarter of 2025, despite a challenging macroeconomic backdrop.  As a group, they posted $1.2 billion in originations in Q2 2025, compared to $1 billion in the first quarter. Executives pointed to stronger demand for home equity products among seniors, as

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