Industry News

Rocket Companies has completed its acquisition of Redfin. The companies said the $1.75 billion deal, announced in March, will help create a one-stop-shop for homeownership, making the process more efficient and less costly.

Rocket Close CEO Nicole Beattie said leading the Rocket integration team through the acquisition has been a career highlight.

Read on for more details.

Title Resources Group announced that Kevin Wall, who most recently served as co-president of First American Title Insurance Co., will be named CEO, effective July 28. Current CEO J. Scott McCall will be appointed vice chairman of the board of directors. 

Read on for more.

According to Fitch Ratings, several homebuilders are continuing to see positive ratings despite a housing market challenged by affordability issues.

Large homebuilders are maintaining strong balance sheets and financial flexibility and gaining market share from smaller competitors.

Read on for more Fitch Ratings findings.

Beeline Title closed what parent company Beeline Holdings Inc. believes to be one of the first-ever residential real estate transactions funded through the sale of a cryptocurrency token backed by real property.

This deal is a precursor to the company launching a full cryptocurrency token funding platform nationally in August.

Read on to learn more.

In this year’s Voice of the Title Agent survey, nearly three-fourths of respondents described their agency as independent, a dip from 2024’s survey.

Read on for more from the survey.

Razi announced the launch of an on-demand title sales certification program that its CEO said gives title agency sales teams the knowledge and tools to drive growth and boost performance.

One agency’s sales team member said such a self-paced training program has been needed in the industry for some time.

Read on to learn more details.

ZOCCAM, together with U.S. Bank and Stewart Title, has facilitated the first Request for Payment (RfP) use case designed to make the closing process more secure. With RfP, homebuyers working with Stewart Title complete their deposit — such as escrow funds — securely within the ZOCCAM app. Read on to learn more.

HomeLight and American Pacific Mortgage (APM) announced a strategic partnership that brings HomeLight’s Buy Before You Sell program to APM’s network of more than 1,000 loan officers in 300-plus branches across the country. HomeLight founder and CEO Drew Uher said the program is the leading modern bridge loan product in the industry. Read on to learn more.

Almost a quarter of small businesses are using artificial intelligence technologies and more than half of these companies have introduced new or significantly improved technologies during the last two years, according to a new survey by the National Federation of Independent Business. Read on to learn more.

First American Data & Analytics’ May 2025 Home Price Index report showed home prices are continuing to rise, but those prices are appreciating at the slowest rate since March 2012. Read on to learn more.