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Jon Lebron
Realtor®/Property Manager
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Digital mortgage lender Lower has acquired real estate portal Movoto in a move that shows a growing appetite for deals between mortgage companies and consumer-facing real estate platforms. The acquisition announced Tuesday combines Lower’s mortgage lending platform with the digital home-search reach of Movoto.com, which attracted more than 150 million visits in 2024. Executives describe…
The post Mid-Size Lender Lower Acquires Home Search Portal Movoto as Year of Consolidation Continues appeared first on RISMedia.
A lawsuit filed by a fired Appraisal Institute employee is alleging that over multiple years, the organization misreported test scores to regulators and state agencies, refusing to rectify issues when they came to light. Alissa Akins, former Director of Education and Publications at the Appraisal Institute, alleges that she was terminated after bringing the issue…
The post Appraisal Institute Faces ‘Fraud,’ Sexual Harassment Allegations appeared first on RISMedia.
Fathom Holdings Inc. achieved some definite growth in business in Q1 2025, with executives pointing to the launch of the new Elevate program as a strong indicator of current—and future—successes. Fathom reported a total revenue of $93.1 million in Q1 2025 in its recent earnings call, up from $91.7 million in Q4 2024 and a…
The post Fathom ‘Elevates’ to New Heights in Q1 appeared first on RISMedia.
Continued steady mortgage rates this past week resulted in a slight increase in mortgage application volume as the spring market is now fully underway. According to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) for the week ending May 9, the Market Composite Index (a measure of mortgage loan application volume)…
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Second Century Ventures, the strategic investment arm of the National Association of REALTORS®, has announced the acceptance of eight companies to the 2025 NAR REACH program. For more than a decade, the REACH program has vetted, selected and accelerated unique technology solutions focused on the U.S. residential real estate sector, significantly impacting real estate agents,…
The post Second Century Ventures Announces 8 Companies for 2025 REACH Scale-Up Program appeared first on RISMedia.