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Benchmark Mortgage to Cut 82 Jobs as Wholesale Exit Hits Workforce

Benchmark Mortgage to Cut 82 Jobs as Wholesale Exit Hits Workforce

by John G. Stevens | Oct 2, 2026 | Current News & Events, Real Estate News

Benchmark Mortgage plans to permanently eliminate 82 positions as the lender winds down its Eleven Mortgage wholesale operation, adding a concrete workforce impact to the channel shutdown WRE News reported earlier this week. Ark-La-Tex Financial Services LLC, which...
8th Circuit Issues Mandate, Closing NAR Settlement Appeals

8th Circuit Issues Mandate, Closing NAR Settlement Appeals

by John G. Stevens | Oct 2, 2026 | Current News & Events, Real Estate News

The Eighth U.S. Circuit Court of Appeals issued its mandate Friday in the appeals challenging the National Association of Realtors’ Sitzer/Burnett settlement, formally concluding proceedings in the appellate court after objectors failed to win rehearing. The...
Freddie Mac Replaces Chief Risk Officer Anil Hinduja With John Glessner

Freddie Mac Replaces Chief Risk Officer Anil Hinduja With John Glessner

by John G. Stevens | Oct 2, 2026 | Current News & Events, Industry Updates, Mortgage Information

Freddie Mac has changed the executive overseeing risk across the government-sponsored enterprise, ending Anil Hinduja’s employment and moving longtime capital-markets executive John Glessner into the chief risk officer job. Hinduja’s employment ended effective Oct. 1,...
California Moves to Clear Legal Hurdles for 4,254-Home Midway Rising Project

California Moves to Clear Legal Hurdles for 4,254-Home Midway Rising Project

by John G. Stevens | Oct 2, 2026 | Current News & Events, Real Estate News

California has enacted two laws aimed at reducing legal and regulatory obstacles facing San Diego’s long-planned Midway Rising redevelopment, a project the Legislature says would deliver 4,254 homes, including 2,000 deed-restricted affordable units. Gov. Gavin...
Connecticut Private Listings Law Takes Effect as Industry Battle Intensifies

Connecticut Private Listings Law Takes Effect as Industry Battle Intensifies

by John G. Stevens | Oct 2, 2026 | Current News & Events, Real Estate News

A new Connecticut law is drawing fresh attention to the national fight over private real estate listings, but the statute stops short of banning sellers from keeping a home off the public market. Public Act 26-23, which took effect Oct. 1, establishes a public-access...
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