Opinion: Referral fees: The golden goose or rotten egg of real estate?

Opinion: Referral fees: The golden goose or rotten egg of real estate?

In the real estate industry, referral fees have become a golden goose that stifles innovation, inflates the value chain, and ultimately harms both consumers and agents. Despite their prevalence, the current system... Read more »
The CFPB is going after ‘junk fees’ mortgage lenders charge at closing. This could get ugly

The CFPB is going after ‘junk fees’ mortgage lenders charge at closing. This could get ugly

While the proposed tax credit appears unlikely to get through a Republican-controlled Congress, Biden has the ability to use the CFPB to push his housing policy agenda. An ‘unwelcome surprise’ A CFPB... Read more »
CFPB, FTC file amicus brief against Ocwen over servicing ‘convenience’ fees

CFPB, FTC file amicus brief against Ocwen over servicing ‘convenience’ fees

The Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) announced this week that they have filed an amicus brief in the U.S. Court of Appeals for the Eleventh Circuit,... Read more »
Supreme Court Hears Question of California Impact Fees

Supreme Court Hears Question of California Impact Fees

Are development impact fees a fair way to pay for local roads and bridges, or are they “out-and-out” extortion of builders across the state? In a landmark case before the U.S. Supreme... Read more »
Celink files objection seeking dismissal of fees lawsuit

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 »