Agent commission lawsuits cast long shadow over VA, FHA borrowers
The guilty verdict of the landmark Sitzer/Burnett commission lawsuit case sent shockwaves across the real estate industry. In the aftermath, one of the...
Amid legal uncertainty, MLSs explore cooperative compensation workarounds
As multiple listing services look to navigate potential changes to cooperative compensation following the verdict in the Sitzer/Burnett commission lawsuit trial, some MLSs...
Compass CEO Reffkin believes agents will still be valued in a post-settlement world
Robert Reffkin is confident that Compass and its agents have what it takes to continue growing and succeeding in the changing real estate...
Rohit Chopra on new mortgage servicing rules, Basel III and the CFPB’s funding
Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra expects that servicing rulemaking will be issued in the coming months modeled on the lessons...
Home prices climbed in October at fastest annual rate
Despite lower sales activity, home prices continued their upward trend in October, according to the S&P CoreLogic Case-Shiller Home Price Index. Real estate experts...
November posts stronger-than-expected US jobs report
Employers picked up the hiring pace in November, shaking investors’ confidence in the Federal Reserve’s likelihood of cutting interest rates in 2024.
November job...
SERHANT. appoints its first chief business officer
New York City-based brokerage SERHANT. is promoting its new development director, Jennifer Alese, to the position of chief business officer, The Real Deal...
First Team departs Christie’s, rebrands brokerage
First Team Real Estate, the largest independent brokerage in California, left Christie’s International Real Estate, the company first told Inman on Wednesday. Christie’s...
UWM’s margins are improving even as volume falters
UWM Holdings Corporation, the parent of United Wholesale Mortgage (UWM), produced lower mortgage origination volume in the third quarter of 2023 than the previous quarter...
The homebuilders’ war for market share fueling the economy
When market players say housing leads us into a recession, it traditionally means theFederal Reserve raised rates too much, housing slowed down as...
