FHA issues immediate cybersecurity reporting requirements
The Federal Housing Administration (FHA) on Thursday published Mortgagee Letter (ML) 2024-10, outlining reporting requirements that lenders must follow if they detect a...
Better delivers $340M loss in Q3, plans to keep trimming expenses
Better Home & Finance Holding, the parent of digital lender Better.com, delivered a massive loss in the third quarter of 2023, its first earnings...
Opinion: Brokerage economics and the $1.8b damages in the commission lawsuit
While reading about the $1.8 billion dollar damages claim assessed against the National Association of Realtors, Keller Williams and HomeServices, I wondered what...
DataDigest: What the latest data says about home prices, construction and sales
Record high home prices continue to inch higher, even as homebuilders offer discounts and build a higher rate than pre-pandemic levels, according to...
Newsweek turns eye toward reverse mortgage pros and cons
A reverse mortgage has potential utility for a homeowner in the right situation, but loan terms must be observed closely to remain in...
Private equity and insurance companies piling into residential mortgages
After two years of limited demand, private equity and insurance companies are increasing their allocations to single family residential mortgages. This increased flow...
Realtor.com CEO Damian Eales: CoStar is lying about being the No. 2 portal
The so-called portal wars heated up this week, when Realtor.com CEO Damian Eales made comments about rival CoStar Group’s Homes.com during the MLS...
A sub-7% mortgage rate brings holiday cheer
The holidays have come early for the mortgage industry. Mortgage rates fell below the 7% threshold this week as markets prepared for Federal...
NHC, AARP collaborate on advocacy for inclusive, ‘livable’ communities
The National Housing Conference (NHC) and senior advocacy group AARP detailed a collaboration this week to “bring together experts and housing leaders to...
Texas commission lawsuit names real estate teams and individual broker as defendants
The commission lawsuits have arrived in Texas, but the QJ Team suit, named after its lead plaintiff, isn’t like your Moehrl, Sitzer/Burnett, March,...
