Mortgage Mix: CFPB Drops Lawsuits; LoanDepot Wins in Front of Jury
Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday...
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Fed Chair Testimony Part II: Independence, Inflation and International Banking Regulations
Appearing before The Monetary Policy, Treasury Market Resilience, and Economic Prosperity Task Force—established by the House Financial Services Committee in...
Average Mortgage Rate Continues to Decrease
The average 30-year-fixed rated mortgage continued edging downward this week, lowering from last week’s 6.89% to 6.87%, according to the...
Anywhere CEO Advocates for ‘Relaxed’ Clear Cooperation Rules on Investor Call
Above, Anywhere CEO Ryan Schneider The Clear Cooperation rule mandated by the National Association of REALTORS® (NAR), where listings must...
Judge in Buyer Case Partially Denies Plaintiffs’ Request to Expand Lawsuit
In the largest and oldest commission-focused case filed by homebuyers (known as Batton), Judge LaShonda Hunt mostly sided with defendants...
Foreclosure Rates Tick Up After Yearly Decline, According to New Data
January saw 30,816 U.S. properties with foreclosure filings—which include default notices, scheduled auctions or bank repossessions—an increase of 8% month-over-month,...
A Guide to Helping Buyers Avoid the ‘House-Poor Trap’
Buying a home is one of the most significant financial decisions most people will make in their lifetime. Yet, many...
Refinance Applications Reach Highest Point Since October
With mortgage rates still hovering at recent lows, this week saw another increase in mortgage applications, increasing 2.3% from last...
One Agent’s Cunning Open House Tactics to Close Down the Competition
While smiles, courtesy and friendliness are an agent’s calling cards with everyone, let’s be real about the residential real estate...
Zillow Charges Ahead With Strong Q4 Earnings and New Redfin Partnership
In a fourth quarter and full-year 2024 earnings call February 11, Zillow Group CEO Jeremy Wacksman and CFO Jeremy Hofmann...
5 Key Reasons FSBOs Regret Not Using a Real Estate Agent
Some homeowners think selling their properties with no agent will save gobs of money on commissions. Almost always they come to regret it, settling on a price that could have been better, not to mention spending way more time on the process than they envisioned Read more.
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