NAR Settlement Approval Faces Growing Number of Appeals
Two appeals were filed by Hao Zhe Wang, Rosalie Doyle, Jessica Winters, and John Guerra, bringing the total to seven appeals, raising important legal considerations.
Kentucky Home Sales Increase by 4.3% Compared to Previous Year
Kentucky's home sales have risen 4.3% year-over-year, with a median price of $267,500, indicating a strengthening real estate market for private lenders.
Rocket Challenges HUD and the DOJ on Regulatory Matters
The DOJ's lawsuit against Rocket Mortgage highlights serious concerns about appraisal bias and its implications for the mortgage industry and fair lending practices.
Mortgage organizations advocate for FHA’s extension of loss mitigation options.
FHA's proposed updates for permanent loss-mitigation aim to improve practices by incorporating insights gained from COVID-19's temporary policies for better borrower support.
Investor Purchases Decline Alongside Overall Housing Market Trends
Investor home purchases closely mirror consumer sales trends, with a noted decrease in the share of sales driven by investors, according to CoreLogic data.
NAR Issues Cease-and-Desist Letter to Realtors in Phoenix
NAR raises concerns over Phoenix Realtors' decision to permit agents to join the local trade group without state or national affiliation. Implications for private lenders.
HUD allocates $225 million for manufactured home preservation and renovation.
Funding aims to renovate and preserve manufactured homes, addressing supply shortages and promoting affordable housing solutions in the market.
Addressing Leadership Gaps in the Mortgage Industry: Causes and Solutions
Explore the nuanced relationship between leadership and organizational flaws in the mortgage industry, shedding light on the critical role of effective leadership.
Real Brokerage Acquires 400-Agent Urban Nest Realty in Las Vegas.
The Real Brokerage expands its affiliate network by welcoming 400 agents from Urban Nest Realty, enhancing its presence in the Las Vegas market.
Boston’s Success Real Estate Closes Operations Suddenly
Broker Steve Webster informed agents that SUCCESS Real Estate is shutting down, with sources citing an alleged embezzlement scheme as the cause.