Top Headlines
eXp Realty in $34 Million Settlement Over Commissions
The settlement is the latest among the major brokerages who were sued over their business practices related to commissions. Continue Reading eXp Realty in $34 Million Settlement Over Commissions
Study: One-Third of Younger Americans Rethinking Relocation After Helene
Almost one-quarter (23%) of respondents overall expected insurance premiums in their area to increase after Hurricane Helene. Continue Reading Study: One-Third of Younger Americans Rethinking Relocation After Helene
Colorado Mayor Seeks Emergency Court Order Against Venezuelan Criminal Gang
Colorado Gov. Polis continues to downplay the seriousness of the gang’s presence. Continue Reading Colorado Mayor Seeks Emergency Court Order Against Venezuelan Criminal Gang
Mauricio Umansky Sued for Alleged Misuse of Pandemic Relief Funds
The lawsuit is requesting that Umansky and The Agency pay equal to three times the amount of damages caused. Continue Reading Mauricio Umansky Sued for Alleged Misuse of Pandemic Relief Funds
Charles El-Moussa Named General Counsel at Midwest Real Estate Data
El-Moussa’s career included previous roles as president at Coldwell Banker Realty and general counsel and chief operating officer at RE/MAX in Texas. Continue Reading Charles El-Moussa Named General Counsel at Midwest Real Estate Data
Monthly Mortgage Payment Average Continues to Decline
Redfin attributed this decline to the continued downturn in mortgage rates from its high of 7.79% in October. Continue Reading Monthly Mortgage Payment Average Continues to Decline
Mortgage Rates Down for Fifth Straight Week
The 30-year fixed-rate mortgage averaged 7.22% as of Nov. 30, down from last week when it averaged 7.29%. Continue Reading Mortgage Rates Down for Fifth Straight Week
FHA Proposes Changes to 203(k) Program
Feedback is being welcomed via the FHA’s website through Jan. 5, 2024. Continue Reading FHA Proposes Changes to 203(k) Program
Q3 Mortgage Originations Down 3% From Previous Quarter
On a year-over-year basis, originations were down by 26% from the third quarter of 2022. Continue Reading Q3 Mortgage Originations Down 3% From Previous Quarter
New Documentary Series ‘L.O. Confidential’ Focuses on Mortgage Originators
The Fairway Independent Mortgage Corp. production is now on YouTube. Continue Reading New Documentary Series ‘L.O. Confidential’ Focuses on Mortgage Originators
JZZ Technologies Closes Acquisition of Oxygen Mortgage
“I couldn’t be any more excited about joining with JZZ Technologies,” said Oxygen Mortgage President and CEO Rob Egeland. Continue Reading JZZ Technologies Closes Acquisition of Oxygen Mortgage
Mortgage Application Activity Rises Slightly
The seasonally adjusted Purchase Index was up 5% from one week earlier, but the unadjusted index dropped by 31%, Continue Reading Mortgage Application Activity Rises Slightly
FHFA Increases Conforming Loan Limits Values for 2024
Special statutory provisions establish different loan limits for Alaska, Hawaii, Guam, and the U.S. Virgin Islands. Continue Reading FHFA Increases Conforming Loan Limits Values for 2024
CFPB Fines Bank of America $12 Million Over HMDA Violations
“Bank of America violated a federal law that thousands of mortgage lenders have routinely followed for decades,” said CFPB Director Rohit Chopra Continue Reading CFPB Fines Bank of America $12 Million Over HMDA Violations
LendSure Mortgage Debuts Profit & Loss Loan Program
The program is designed for business owners and self-employed investors with fluctuating seasonal income or cash businesses. Continue Reading LendSure Mortgage Debuts Profit & Loss Loan Program
