Newest commission lawsuit doesn’t seek class-action status

Newest commission lawsuit doesn’t seek class-action status

NAR and Compass have entered into nationwide settlement agreements for the commission lawsuits. While it may not be seeking class-action status like other commission lawsuits, the Wang suit takes aim at NAR’s... Read more »
Newest commission lawsuit doesn’t seek class-action status

Opinion: What is the public actually getting for $7.3B in housing subsidies?

Federal Home Loan Bank reform is in the air in Washington D.C.  The White House recently endorsed a plan to double FHLBanks’ mandatory contributions to affordable housing programs from 10 to 20% of... Read more »
Newest commission lawsuit doesn’t seek class-action status

Rocket Companies names chief accounting officer

Rocket Companies, the parent of Rocket Mortgage, promoted Noah Edwards as the firm’s chief accounting officer. Edwards will replace Brian Brown, who had assumed the CAO position in addition to being the... Read more »
Newest commission lawsuit doesn’t seek class-action status

Doma agrees to sell to Title Resources Group

Publicly traded real estate technology company Doma Holdings has entered into a definitive agreement to sell to title insurance underwriter Title Resources Group (TRG) and become a private company. Over the past year, the Max Simkoff-helmed... Read more »
Newest commission lawsuit doesn’t seek class-action status

CFPB takes a closer look at consumer mortgage complaints

The Consumer Financial Protection Bureau (CFPB) this week released its 2023 Consumer Response Annual Report, offering an overview of consumer complaints in a variety of industries overseen by the bureau. While much... Read more »
Newest commission lawsuit doesn’t seek class-action status

CMLS looks to weigh in on the DOJ’s statement of interest

The Council of Multiple Listing Services is joining Northwest MLS in filing a motion to request that it can file an amicus curiae brief in the Nosalek commission lawsuit. In its motion... Read more »
Newest commission lawsuit doesn’t seek class-action status

While the Austin housing market isn’t sizzling, agents say it is still warm

It is nearly April, which means temperatures in the Austin metropolitan area are heating up — and so is the housing market. But like the temperatures, which are far from the triple-digit... Read more »
Newest commission lawsuit doesn’t seek class-action status

What a tech entrepreneur has discovered about reverse mortgages

Anna Frankowska was recognized in 2017 as one of Forbes’ “30 Under 30” in Europe, having formerly worked in investment banking before heading to London to study economics. A passion for technology... Read more »
L.A. County settles PACE lawsuits; homeowners to get millions

L.A. County settles PACE lawsuits; homeowners to get millions

Los Angeles County has agreed to a $12-million settlement to resolve allegations that its home improvement lending program wrecked the finances of many borrowers and left them vulnerable to foreclosure. The settlement,... Read more »
Millennial preferences shaping top-end real estate trends: ILHM

Millennial preferences shaping top-end real estate trends: ILHM

Real estate March 29, 2024 Gen Y is in the midst of greening the industry, sparking the rise of tech cities, multigenerational homesteads and geothermal heating. Image credit: ILHM   By Emily... Read more »