DRE in the News – DRE

DRE in the News – DRE

COVERAGE INFORMATION: California Department of Real Estate (DRE) NEWS CLIPS service coverage: Monday through Friday (except state holidays) each week includes electronic format articles retrieved from newspapers or news services that... Read more »

Licensee Advisory- Updated Guidelines for Unlicensed Assistants

Updated Guidelines fur Unlicensed Assistants (1/8/2018) Source link Read more »
Pennymac issued pink slips to more than 80 staff at year end 

Pennymac issued pink slips to more than 80 staff at year end 

Nonbank mortgage lender and servicer Pennymac Financial Services issued pink slips to more than 80 employees in November as it faced tough headwinds in 2023.  A total of 84 staff were affected... Read more »
Pennymac issued pink slips to more than 80 staff at year end 

Erbey back as chairman of Altisource Asset Management Corp.

William Erbey, the controversial founder of Ocwen Financial Corp., is back as chairman at Altisource Asset Management Corp. (AAMC). The company appointed Erbey to the role of CEO in late December and... Read more »
Pennymac issued pink slips to more than 80 staff at year end 

Home equity could make a difference for long-term care funding (but there’s a catch)

As the U.S. population grows older with each passing year, looking for new and novel ways to fund long-term care for the aging population could include home equity. A reverse mortgage can... Read more »
Pennymac issued pink slips to more than 80 staff at year end 

Celink files objection seeking dismissal of fees lawsuit

Reverse mortgage servicing company Celink is seeking the dismissal of a lawsuit alleging that it had added unlawful servicing fees to reverse mortgage loans alongside now-bankrupt lender Reverse Mortgage Funding (RMF). In... Read more »
Pennymac issued pink slips to more than 80 staff at year end 

Q1 AgentPulse survey: Agents aren’t yet fielding commission lawsuit questions

Real estate agents are optimistic about the housing market and working to implement buyer agency agreement as we head into 2024, according to the RealTrends Q1 2024 AgentPulse survey. The survey, which... Read more »
Pennymac issued pink slips to more than 80 staff at year end 

Reffkin trades in Compass stock for $7M cash bonus

The new year is bringing some major changes to Compass CEO Robert Reffkin’s compensation plan. According to a document filed last week with the Securities and Exchange Commission, Reffkin is relinquishing $25... Read more »
Pennymac issued pink slips to more than 80 staff at year end 

Here’s how brokerage valuation works

Valuation in the residential brokerage industry has some characteristics that are unique when compared to other industries and businesses. First, the business of residential brokerage is highly dependent on the recruiting, retention... Read more »
Pennymac issued pink slips to more than 80 staff at year end 

Auto Draft

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