Dismissal of Second REBNY Commission Lawsuit
Discover the latest development in the real estate industry: a copycat commission lawsuit has been voluntarily dismissed by Robert Friedman, offering insight to private lenders.
New Commission Lawsuit Filed Against California’s Mortgage Industry
As an industry expert, I provide clinical summaries on relevant news for mortgage professionals. Stay updated on a copycat commission lawsuit targeting Northern California Realtor associations and brokerages. Discover more.
Country Club Mortgage’s Workforce Reduction: Employee Layoffs and Office Closures
Country Club Mortgage, a California lender, will lay off 100+ employees, including its president and CEO, following facility closures in a significant setback for the company.
Florida’s Single-Family Home Sales Decline by 10.3% in 2023
As an industry expert, discover the trends in Florida's single-family home sales, with a 1.9% increase in median prices. Stay informed with Weekly Real Estate News.
Fannie Mae remains optimistic about mortgage rates potentially dropping below 6% by year-end.
Lower rate environment boosts refi volume & helps thaw existing home sales market, presenting opportunities for private lenders. Learn more from Fannie Mae.
loanDepot restores systems after cyberattack
Learn about LoanDepot's ongoing investigation into a cyberattack, reported in January, and their progress in restoring limited system functionality. Ideal for private lenders.
California commission alleges collusion in the City of Angels in recent suit.
"California commission suit accuses NAR, brokerages & local Realtor associations of colluding to raise agent commission; valuable insight for private lenders."
The growing significance of the U.S. rental market amidst ongoing challenges in the for-sale market.
As a mortgage industry expert, I offer a clinical summary on the 2024 rental market. Discover the dynamic and relevant trends shaped by economic and societal shifts, highlighting affordability challenges and increased flexibility. Explore how the rental market continues to be crucial in the real estate landscape.
Sekisui House, a Japanese builder, to acquire MDC for $4.9B in major industry deal.
As an industry expert, I provide insightful summaries for mortgage news. Discover how a recent deal strengthens a company's presence with 15,067 home closings across 16 states, appealing to private lenders.
California Home Sales Hovering at Nearly 16-Year Low
California's statewide median price dipped 0.3% in December. Learn how home sales in California remain near a 16-year low. Read more here.