Move Inc. grew revenue for the second-consecutive quarter, despite declines in lead volume and suppressed web and mobile traffic at Realtor.com, earnings data released Thursday shows.
Home loan giant boosts Q1 mortgage production by 7 percent, to $21.6 billion, says Redfin and Mr. Cooper acquisitions remain on track to close this year.
The Warburg Realty founder had been at his firm, which he sold to Coldwell Banker in 2021, for more than 30 years. Kevelyn Guzman took over leadership at the firm in 2024.
Shares in Guild Holdings gain 10 percent as investors recognize $23.9 million net loss for the quarter was driven by a $70 million writedown in the fair value of Guild’s mortgage servicing rights portfolio.