Your Mama Hears...

...from trusted tattletale Babbling Babette that several well-known heavy hitters in the Los Angeles real estate world have officially broken their long-time professional affiliations and formed their own boutique property brokerage called The Agency.

Your Mama hears the founding brokers of The Agency include but may not be limited to Mauricio Umansky, formerly of Hilton & Hyland, and the dynamic duo of Billy Rose and Blair Chang from Prudential California's Beverly Hills Office.

While no real estate brokerage likes to lose a money making agent, Mister Umansky's exit from Hilton & Hyland seems potentially problematic given that he's married to Kyle Richards, star of The Real Housewives of Beverly Hills and sister of Hilton & Hyland co-owner Rick Hilton's wife Kathy.

Misters Umansky, Rose and Chang all do considerable business with numerous showbiz celebrities as well as a slew of other wealthy movers and shakers in Los Angeles.