Operations
Nearly 99% of Redfin shareholders vote to approve merger, though fewer vote yes to compensation for company’s execs
Format merges live continuing education with business-building interactions with vendors
Lending giant’s ‘Mia’ assistant makes and takes calls, tells borrowers when refi makes sense, while ‘LEO’ helps brokers beat competitors’ LEs
Such programs, established as part of an organization’s core culture, can increase efficiency, save money
Company highlights strength of strategic acquisitions, integrations, product innovations as it furthers its mortgage ecosystem
Why every IMB should embrace retail, wholesale, and correspondent lending
Company sees net loss of $23.9 million for quarter due to valuation adjustment on MSRs
Soon-to-be interim CEO Hsieh says company will focus on multi-channel sales model, proprietary tech stack, and servicing business
Even so, company’s net income for the quarter falls 82% YoY to $0.2 million
President and CEO Ishbia underscores operational capacity and efficiency, hints at big moves to come