In response, NWMLS has filed a motion to dismiss the lawsuit, claimed that it has “no duty to deal” with Compass, and it most recently indicated that it “intends to assert counterclaims,”... Read more »
“This case presents another opportunity for a court to assess purportedly anticompetitive agreements infecting the real-estate industry,” the filing states. For the first 11 months of this second Trump administration it appeared... Read more »
The Federal Housing Enterprises Financial Safety and Soundness Act of 1992 requires the FHFA to establish several annual housing goals for single-family and multifamily mortgages purchased by the enterprises. FHFA published a... Read more »
Founded in 2008, InstaMortgage has originated more than $4 billion in loans over the past five years. Mortgage technology platform RETR shows approximately $240 million in volume over the past 12 months... Read more »
ICE said that the increase largely reflects calendar effects rather than a broad deterioration in borrower performance. Similar calendar-driven increases occurred in 2014, 2008 and 2003, each of which produced larger November... Read more »
MBA economists Mike Fratantoni, Joel Kan and Judie Ricks wrote that the forecasts show 2025 GDP growth of 1.6% and a 35% chance of a recession over the next 12 months. Growth... Read more »
On an unadjusted basis, the index decreased 6% compared with the previous week. The refinance index decreased 6% from the previous week and was 110% higher than the same week one year... Read more »
The decline in rates in 2025 reflects a combination of Federal Reserve rate cuts, lower 10-year Treasury yields and a narrowing spread between those yields and the 30-year conventional mortgage rate —... Read more »
Qualifying homeowners would see school-related property tax valuations frozen at the year they turn 55, preventing future increases in that portion of their tax bill. Seniors already receive a partial exemption from... Read more »
Its growth has been driven by well-known industry veterans. TLS’s strategy is rooted in the prior experience of its leadership team — including CEO Phil Shoemaker, president Jason Lee and chief revenue... Read more »