CFPB Proposes Fine Against Freedom Mortgage
The Consumer Financial Protection Bureau (CFPB) has issued a proposed $3.95 million fine against Florida-based mortgage lender Freedom Mortgage. The...
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Engel & Völkers Settles Commission Suits
Engel & Völkers has become the latest brokerage to settle class-action commission lawsuits by sellers, according to filings in federal...
Mortgage Rates Move Down for Third Straight Week
The 30-year fixed-rate mortgage dipped again for the third-straight week, averaging 6.87%, down from last week’s average of 6.95%, according...
Homebuilder Confidence Hits Lowest Reading Since December 2023
With mortgage rates remaining high, little change in inflation and the Fed still not making any decisions when it comes...
NAR-Independent MLS Dismissed From Copycat Lawsuit
In a potentially precedent-setting move, a federal judge recently dismissed an MLS that is not affiliated with the National Association...
Homes.com, Realtor.com CEOs Clash for 2nd Place Supremacy, With Both Eyeing Zillow
Above: Realtor.com's Damian Eales (left) and CoStar's Andy Florance The words from CoStar CEO Andy Florance were delivered almost as...
Lawsuit Claims eXp Aware of Sexual Assaults by ‘Alpha Agents’ for Years, Took No Action
A woman suing mega-brokerage eXp and several high-profile recruiters just added a cascade of new accusations and allegations to her...
Mortgage Applications Continue to Rise This Week
Mortgage applications continued their upward trend and increased 0.9% from one week earlier, according to data from the Mortgage Bankers...
DOJ: NAR Request for Rehearing ‘Falls Far Short’
The U.S. Department of Justice (DOJ) argued to an appeals court yesterday that last month's petition by the National Association...
Study: Sun Belt Homes Overvalued, With Texas an Outlier
Depending on one's perspective on heat, political preference and classic Southern hospitality, the Sun Belt states can be dream destinations,...
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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