CoStar Group, Homes.com surge in Q1 — CEO welcomes end of activist ‘distraction’
CoStar Group delivered its 60th consecutive quarter of double-digit revenue growth in the first three months of 2026, posting results at the high end of guidance and raising its profit outlook for the year. The online real estate marketplace operator reported $897 million in revenue for the quarter
Mortgage Rates Surge Higher as US Considers a Longer Blockade
Mortgage rates jumped higher today at the fastest pace in weeks to the highest levels since March 30th. There were two key motivations for the increase, but one accounted for a vast majority of the damage. News came out overnight that spoke to the possibility of a prolonged blockade of the Strait of
Figure’s Michael Tannenbaum warns rush to adopt AI could accelerate poor mortgage processes
The mortgage industry’s rush toward the adoption and use of artificial intelligence could risk the acceleration of inefficient processes unless lenders first modernize the underlying infrastructure powering loan origination and securitization. That’s according to Figure Technology Solutions CEO Mich
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