In this edition of Person of the Week, Teresa Kinney, CEO of the Miami Association of Realtors, discusses how her organization is addressing the changes coming to the broker commission environment. How have the members of the Miami Association of Realtors reacted to...
The National Association of Mortgage Brokers (NAMB) is partnering with the National Association of Minority Mortgage Bankers of America (NAMMBA) on a strategic alliance focused on encouraging diversity, equity, and inclusion within the mortgage industry. According to...
The U.S. Department of Veterans Affairs (VA) issued a circular announcing a temporary policy change that will enable borrowers using the VA home loan program to pay certain real estate buyer-broker fees when purchasing a home. The circular comes in the wake of the...
A Dallas-area pastor was sentenced to 35 years for property theft involving three churches. Whitney Foster led True Foundation Non-Denominational Church, a small congregation without a physical place of worship. According to the charges brought against him, Foster...
Rents dropped in May for the tenth consecutive month, albeit at a slower pace, according to the latest Realtor.com Rental Report. The median asking rent nationally for 0-2 bedroom units fell by -0.7% ($13) from May 2023 to $1,732. This is only $24 (-1.4%) below its...
U.S. community bank earnings for 2024 are expected to be 12% lower compared to one year ago, according to a new report from S&P Global Market Intelligence. The newly published “2024 U.S. Community Bank Market Report” found elevated interest rates are pressuring...
Senate Approves 21st Century ROAD to Housing Act
