v3.26.1
Equity Method Investments (Tables)
6 Months Ended
Jun. 30, 2026
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Method Investments
The Company's equity method investment balances at June 30, 2026 and December 31, 2025 were as follows (in millions):

June 30, 2026December 31, 2025
Mortgage joint ventures (1)
$83 $14 
Title insurance underwriter joint venture (2)
68 — 
Brokerage equity method investments (3)
57 — 
Other equity method investments (4)
Total equity method investments
$217 $17 
(1)Represents the Company's equity method investments in OriginPoint, LLC and Guaranteed Rate Affinity, each of which is a 49.9% minority-owned mortgage origination joint venture with Guaranteed Rate, Inc. The Guaranteed Rate Affinity investment was acquired in connection with the Anywhere Merger. Both investments are held within the Integrated Services segment and originate and market mortgage lending services to the Company's owned-brokerage as well as other real estate brokerage companies across the country.
(2)Represents the Company's 22% equity interest in the title insurance underwriter joint venture, acquired in connection with the Anywhere Merger, and held within the Integrated Services segment.
(3)Includes the Company's various other equity method investments held within the Brokerage segment. These investments include the Company's 50% owned interest in an unconsolidated joint venture with Sotheby's, as well as the Company's 51% common equity interest in a company that owns certain franchisees operating under the Sotheby's International Realty and Century 21 brands.
(4)Includes the Company's various other equity method investments held within the Integrated Services segment.
Schedule of Equity in Income from its Equity Method Investments
The Company recorded equity in income from its equity method investments as follows (in millions):

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Mortgage joint ventures$$— $13 $
Title insurance underwriter joint venture(1)— (2)— 
Brokerage equity method investments— — 
Other equity method investments
Equity in income of unconsolidated entities$10 $$15 $