Douglas Elliman has become the latest brokerage to be released from a contentious homebuyers’ lawsuit regarding real estate broker commissions. According to combined media reports, the plaintiffs in the Batton 2 lawsuit dismissed the brokerage without prejudice,...
The outgoing president of the Cleveland Federal Reserve welcomed this week’s data pointing to lower inflation readings but warned that the central bank has to “see that continue a bit longer” before it can consider cutting interest rates. In an interview...
Inside Real Estate, a Murray, Utah-based provider of real estate software, announced the appointment of Chris Black as chief financial officer (CFO). Black has more than two decades of CFO experience, holding the title at companies including Quantix, Transflo &...
Owen Lee, CEO of Plymouth, Michigan-based Success Mortgage Partners Inc. (SMP), was nominated to become the Mortgage Bankers Association’s (MBA) vice chairman for the 2025 membership year. Lee will be installed as vice chairman at the MBA’s 111th Annual Convention in...
The Biden administration is reportedly planning to nominate Christy Goldsmith Romero as the next chairperson of the Federal Deposit Insurance Corporation (FDIC). Goldsmith Romero is a Democratic commissioner at the Commodity Futures Trading Commission (CFTC). If...
The Federal Reserve has opted to neither lower nor raise the federal funds rate, which remains in the 5.25% to 5.5% range. In making its decision, the central bank’s policy making Federal Open Market Committee cited its longstanding goals of achieving maximum...
Hits and Misses for the Real Estate Week of June 22-26
