This week, Compass announced its IPO. The timing looks near perfect with a strong real estate market and a robust IPO market. The company has hired the best bankers, beefed up its management team and will likely show its best year ever in its 2020 financial results. My guess, the […]
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Compass took the first steps towards going public this week, confidentially filing an S-1 document with the U.S. Securities and Exchange Commission (SEC). While there are still a number of steps before the company is actually publicly traded, here’s everything you should know about the Compass initial public offering (IPO). […]
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SoFi co-founder Mike Cagney’s latest digital mortgage operation Figure Lending closed on a $100 million funding facility from JPMorgan Chase this week. The warehouse facility will allow the company, a subsidiary of Figure Technologies, to originate conventional loans as well as jumbo loans, the company said in a statement Wednesday. […]
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Property prices will fall by 6.2% in the first quarter of 2021, reallymoving has predicted. The decline is expected to accelerate on a monthly basis from -1.2% in January, -2.5% in February, and -2.6% in March. Rob Houghton, chief executive of reallymoving, said: “Considering the wider economic context of the […]
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Gagan Mohindra is member of parliament for South West Hertfordshire Over the last 20 years the economics and politics of the housing market has been transformed. Housing used to be a battleground between different ideologies. The Labour party thought that it owned council houses and their tenants, and their answer […]
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Mortgage advisers most commonly searched for ‘visa’ in 2020, data from Legal & General Mortgage Club found. This was likely as a result of a weaker pound, more interest from Hong Kong buyers, as well as uncertainty facing EU nationals and expats due to Brexit. The ‘maximum age’ of a […]
Read MoreThe National Association of Realtors and other industry trade groups are calling for the reform of the government-sponsored enterprises. They also want to see a change in the leadership structure at their regulator, the Federal Housing Finance Agency. At a webinar hosted by NAR, panelists spoke about the next potential […]
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Held virtually, the 2021 Consumer Electronics Show revealed the latest in home and business technology, including a home recycling solution, wearable joysticks for hands-free control and even “smart tub” from Kohler. Once a year in Las Vegas, the Consumer Electronics Show comes to The Strip to entice us with the best of […]
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In 2020, foreclosure filings reached their lowest levels since Attom Data began tracking the metric in 2005. The total number of foreclosure filings in 2020, including default notices, scheduled auctions and bank repossessions, plummeted 57 percent from 2019 to a total of 214,323 foreclosure filings on U.S. properties, according to […]
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The Compass initial public offering was the story everyone saw coming, so it was no surprise that the real estate industry wasn’t, well, surprised when the company confidentially filed paperwork with the U.S. Securities and Exchange Commission, Monday. Looking back through the Inman archives, it’s felt like Compass’ IPO has […]
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