Compass CEO Robert Reffkin has escalated the brokerage’s fight with multiple listing services, saying MLS organizations that continue to penalize agents for publicly marketing office-exclusive listings could face antitrust lawsuits beginning in mid-October. Reffkin...
Commercial and multifamily mortgage debt outstanding reached a record $5.1 trillion in the second quarter, as borrowing activity and capital availability expanded across the major sources of commercial real estate finance. Outstanding debt increased by $42.9 billion,...
Mortgage demand weakened again as borrowing costs climbed to their highest level in almost three years, adding fresh pressure to an already rate-sensitive housing market. Total mortgage application volume fell 6% on a seasonally adjusted basis in the week ending Sept....
Peoples Bancorp has agreed to acquire Capital Bancorp in an all-stock transaction valued at approximately $728.1 million, a deal that would push the Ohio-based bank well beyond $10 billion in assets and bring a nationwide residential mortgage operation into its...
Intercontinental Exchange has launched a loan-level evaluated-pricing service for residential whole loans, bringing its fixed-income pricing framework into a market where individual mortgages can be harder to value consistently than securitized mortgage assets. ICE...
Pending Home Sales Hit Lowest Level Since 2014 as Contract Cancellations Su…
