Zillow Group started off 2026 with a strong financial performance in the first quarter of the year, recording an 18% annual increase in revenue to $708 million and a net income of $46 million, up from $8 million in Q1 2025. Chief financial officer Jeremy Hofmann attributes this strong performance to Zillow’s consistent execution of its […]
Zillow bets on pre-marketing to unlock new growth Read More »
Construction project finance plays a crucial, time-sensitive role in residential construction, helping contractors, remodelers, and builders access funding draws throughout a project’s lifecycle. Historically, however, the process has been inefficient, requiring lengthy review and approval timelines that cause delays and take attention and manpower away from other important tasks. “It’s just one of the most
How AI accelerates construction draws and cuts review times Read More »
Fannie Mae has reported a jump in its retained portfolio size that investment professionals at Rithm have recently noted is the largest seen since the Great Financial Crisis. Processing Content The government-sponsored enterprise retained a combination of loans and mortgage-backed securities totaling nearly $168.74 billion in March, up considerably from the previous month’s $150.39 billion.
Fannie Mae’s portfolio surge is the biggest in over a decade Read More »