Howard Hanna Introduces New Network for Luxury Agent Referrals
Howard Hanna has introduced an exclusive luxury agent network across 15 states, aimed at agents with a proven record of $1M-plus sales over five years.
Foreclosure Filings Increase by 18% Year-Over-Year
Lenders initiated the foreclosure process on 28,414 properties, marking an 18% increase from the previous year, signaling trends to watch in the market.
Senate Housing Bill Eliminates BTR Sale Provision
Institutional investors can retain single-family homes without the need to divest, impacting market dynamics and investment strategies for private lenders.
Rocket Files Lawsuit Against UWM for Alleged MSR Agreement Breach
UWM's CEO faces serious allegations from Rocket, claiming breach of contract related to an MSR agreement, highlighting tensions within the mortgage industry.
Understanding HOA Governance Risks for Real Estate Agents
New data reveals the impact of unverifiable HOA governance on housing affordability, highlighting key due diligence factors agents must consider.
Crypto Rewards Appeal to Renters Seeking Down Payment Savings
MegPrime has launched a rent rewards program offering 2% back on payments in MP tokens, and up to 20% at partner communities, with 200,000 units enrolled.
Rithm Capital Secures $500 Million in Unsecured Debt Financing
Rithm Capital Corp. has priced a $500 million offering of senior unsecured notes due in 2031, enhancing its balance sheet after recent acquisitions.
Pennsylvania Judge Rules Mortgage Connect Noncompete Agreement Invalid
A Pennsylvania judge voided Mortgage Connect’s noncompete contract for being overly broad, aligning with the FTC’s stance on limiting restrictive covenants.
Retirees relying on home equity may encounter financial challenges.
Financial advisers caution that older homeowners might be overly reliant on their properties as retirement safety nets, highlighting potential financial risks.
Zillow claims MRED and Compass colluded regarding private listings.
Zillow's Sherman Act lawsuit alleges MRED exploited Chicagoland MLS data to pressure Compass into private listings, raising concerns for private lenders.