Author name: Patricia Daniel

Patricia Daniel is a writer for Hermes News, a news site dedicated to providing quality content from around the world. She writes about arts, automotive, travel, and fashion. Patricia is passionate about helping people understand the world around them through unbiased reporting. In her free time, she enjoys taking walks with her dog and reading dystopian sci-fi novels.

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Compass

Compass misses free cash-flow goal but remains optimistic

Although Compass failed to achieve its much publicized goal of being free cash-flow positive in 2023, brokerage executives were still positive about the company’s performance over the past year. “Even at these new op-ex [operating expense] levels, we continue to invest in agent growth, increasing market share, expanding our technology advantage with approximately $100 million

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simp leminers redefine passive income opportunities with innovative cloud mining

simpleminers has pioneered a transformative approach to the digital asset industry, democratising the cryptocurrency mining space by introducing revolutionary cloud mining solutions. This groundbreaking development aims to make the digital currency mining process accessible to a wider audience by simplifying and saving people’s participation. Founded in 2019, simpleminers is a licensed cryptocurrency cloud mining platform

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Gary Keller brings buyers’ agent value proposition front and center

At the 2024 Keller Williams Family Reunion event in Las Vegas, co-founder and executive chairman Gary Keller took the stage on Tuesday and spoke to a room full of real estate agents about the importance of buyer agency agreements within the context of the ongoing antitrust lawsuits. Among other services, buyers’ agents help clients navigate the

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HUD, VA announce $14.5M for veterans seeking permanent housing

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) this week announced the awarding of more than $14.5 million that will be distributed by public housing agencies (PHAs) across the country in an effort to house veterans. The funds will be distributed by the PHAs through more

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Pretium Partners inks deal with Hunter Point Capital

Pretium Partners, one of the nation’s largest investors in nonagency residential mortgages, announced the signing Tuesday of a strategic partnership with Hunter Point Capital (HPC) that is designed to support Pretium’s long-term growth. The deal gives HPC a minority investment stake in Pretium, which has more than $50 billion in assets under management and is

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Keller Williams takes a page out of Pitbull’s playbook for 2024

Keller Williams CEO Mark Willis took to the KW Family Reunion stage in Las Vegas Tuesday as Pitbull’s “I believe that we will win” played over the speakers. Throughout Willis’ “State of the Company” address, he regularly echoed back to the iconic Pitbull song, as he looked to motivate attendees for the coming year. As

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Liberty parent Ocwen records $64M loss in 2023 but sees reverse as an asset

Ocwen Financial Corp., parent company of PHH Mortgage Corp. and its subsidiary Liberty Reverse Mortgage, posted a $64 million loss in 2023 but sees a generally positive trajectory for its reverse mortgage origination and servicing businesses. This is according to an earnings release and conference call detailing the company’s fourth-quarter and full year 2023 results.

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Home-based care may lead more people to age in place

Seniors who have employed some kind of home-based health care service have a higher acceptance and adoption of home-based hospice services, which can provide personalized support for end-of-life care, according to a study by Rutgers University’s School of Nursing. The findings were first reported by Hospice News. Published in the Journal of Palliative Medicine, researchers

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