June 2025

UWM’s Jason Bressler challenges the fear-driven narrative around AI in mortgage lending

Discussions about the impact of artificial intelligence (AI) have dominated conversations on stage at HousingWire‘s The Gathering. But there seems to be little common ground as some lenders are excited for the chance to scale their businesses to new heights by taking away menial tasks, while others are concerned about information security and job insecurity. Jason Bressler, chief technology officer...

‘It was love at first sight!’ Inside Rocket’s pursuit of Redfin, Mr. Cooper

Glenn Kelman’s wife was starting to get worried. The Redfin founder and CEO’s behavior was unusual lately. He was staying up late into the night exchanging texts with someone. But there was no other woman. Kelman was group texting Varun Krishna, the CEO of Rocket Companies, and Jay Bray, the CEO of Mr. Cooper. They would share their unified vision for transforming the homeownership journey and —...

International Buyer Demand for U.S. Homes Upticks in Early 2025

South Florida Still Top Target; Texas Emerges as New Key Market A new report from Realtor.com reveals a modest uptick in international interest in U.S. real estate, with 1.9% of the platform's traffic in the first quarter of 2025 coming from global home shoppers -- up slightly from the same period in 2024. However, this overall growth masks notable shifts among individual countries, particularly a sharp...

Are real estate brokerages going the way of the dodo?

Real estate brokerages have had to grapple with heaps of forced change over the past year — legal threats and business practice changes, to a slow housing market and the breakneck pace of technological development. Some wonder if we are on the precipice of a brokerage mass extinction event. Panelists Craig McClelland, James Dwiggins, Linda O’Koniewski and Byron Lazine contemplated this question on...

Compass talks M&A strategy at The Gathering

Private listings and Clear Cooperation (CCP) have been Compass’s headline calling cards over the past several months, but at HousingWire’s The Gathering on Sunday, mergers and acquisitions were the primary focus.  In a conversation with Diego Sanchez, the president of HousingWire, Lacey Conway, the CEO of Latter & Blum and Compass executive vice president of M&A, discussed her firm’s...

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