Redfin

Former Intuit executive succeeds interim CEO Varun Krishna as Rocket pushes deeper integration across home search, brokerage, mortgage, closing, and servicing

Pending sales fell to a six-month low as inventory increased, giving originators more room to use seller concessions to make difficult purchase deals work

July sales declined 4.1% as affordability squeezed buyers nationally, builder competition slowed Texas markets, and job insecurity weakened demand in Seattle

Redfin leads and servicing recapture lowered acquisition costs, while Rocket Pro posted a 0.69% margin amid investments in its Compass partnership

Pending sales fell to their lowest level since early April, but lower asking prices and reduced competition give originators more options to structure deals for qualified borrowers

Price cuts and longer listing times are creating opportunities for loan officers to help borrowers negotiate seller concessions, but leverage varies sharply by metro