Consumer Sentiment Continues to Crash Amid Economic Uncertainty — RISMedia

Consumer Sentiment Continues to Crash Amid Economic Uncertainty — RISMedia

Consumer sentiment has now fallen for the fourth straight month as the economy continues to waver under a back and forth on tariffs and trade wars, according to the latest data from... Read more »
Reverse mortgage book inside MMI Fund continues to evolve

Reverse mortgage book inside MMI Fund continues to evolve

The report on the Home Equity Conversion Mortgage (HECM) book of business inside the Mutual Mortgage Insurance (MMI) Fund served as another positive development for the program. The estimated economic net worth... Read more »
United Real Estate continues expansion efforts in South Carolina

United Real Estate continues expansion efforts in South Carolina

Dallas-based United Real Estate has announced another strategic expansion in the Carolinas. Charlotte-headquartered United Real Estate Queen City will open a new affiliate location in Fort Mill, South Carolina. According to a... Read more »
HECM line of credit option continues to dominate with 93% share

HECM line of credit option continues to dominate with 93% share

Home Equity Conversion Mortgage (HECM) endorsements continued to decline in the 2024 fiscal year from a recent peak observed in 2022, while the HECM line of credit continued its dominance as a... Read more »
HMBS portfolio continues to pose ‘significant risk’ to HUD, internal report finds

HMBS portfolio continues to pose ‘significant risk’ to HUD, internal report finds

The U.S. Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) released a new report detailing what it says are the top management challenges for the department in... Read more »
Compass continues push into Dallas with addition of luxury agent

Compass continues push into Dallas with addition of luxury agent

Compass has announced yet another addition to its team in Texas. Adrian Jacobs, a luxury agent who has sold more than $29 million in volume over the past year, has rejoined Compass’s... Read more »

Homeowner equity continues to rise despite housing-market challenges – ASHLEY FAHEY, The National Observer

U.S. homeowners with a mortgage pulled in $28,000 in equity gains on average year over year in the first quarter, the highest amount since late 2022, according to CoreLogic Inc. That average... Read more »
List of lawsuits against Keller Williams continues to grow 

List of lawsuits against Keller Williams continues to grow 

Keller Williams was named in yet another class-action lawsuit that contests alterations made to the brokerage’s profit-sharing program.  There are now seven class-action lawsuits against KW that challenge the company’s profit-sharing program... Read more »
Compass continues push into Dallas with addition of luxury agent

CoStar continues to post solid growth in the fourth quarter 

CoStar Group’s annual revenue increased by 12% during the fourth quarter of 2023, marking its 51st straight quarter of double-digit revenue growth. The company reported revenue of $640 million and net income of... Read more »
Consumer Sentiment Continues to Warm in February — RISMedia

Consumer Sentiment Continues to Warm in February — RISMedia

Consumers’ feelings continue to thaw toward the economy this winter, according to the latest data from the University of Michigan. Consumer sentiment grew an astounding 0.8% in February, following a 13.1% leap... Read more »