Detroit-based Rocket Companies Inc. (NYSE:RKT) announced the expansion of its board of directors from seven to eight with the addition of CEO Varun Krishna to serve as a Class III director. Krishna’s directorship became effective on Dec. 21 for a term expiring at the...
As the National Association of Realtors (NAR) rings out its problem-plagued year, there is a report of two new endeavors to create a national-level trade association for real estate professionals. The New York Times reported Jason Haber, a Compass real estate broker...
For the second time in a month, a lawsuit has been filed in Texas claiming the state’s real estate industry is engaged in a “conspiracy” related to broker commissions. The new putative class action lawsuit – Martin, et al., v. Texas Association of Realtors, Inc., et...
MyHome, the marketing and technology subsidiary of Williston Financial Group (WFG), has completed its acquisition of Volly, a provider of technology and marketing services for banks, credit unions, and mortgage lenders. The financial terms of the transaction were not...
Federal Reserve Bank of Philadelphia President Patrick Harker stressed the importance for the central bank to lower interest rates – just not in the immediate future. Speaking today in an interview with the Philadelphia radio station WHYY, Harker said, “It’s important...
The U.S. gained more than 1.6 million people over the past year, growing by 0.5% to 334,914,895, according to the Vintage 2023 population estimates published by the U.S. Census Bureau. More states experienced population growth in 2023 than in any year since the start...
