Change Lending keeps CDFI certification after agreement with US Treasury
Non-bank originator Change Lending will continue to originate non-qualified mortgages (non-QMs) for underserved borrowers after it reached a tentative deal with the U.S....
CFPB report finds state community reinvestment laws can go beyond federal version
The Consumer Financial Protection Bureau (CFPB) this week published a report analyzing state-level community reinvestment laws and ways they promote reinvestment activities for...
RE/MAX has no regrets over $55M commission lawsuit settlements
In light of the recent verdict in the Sitzer/Burnett commission lawsuit, RE/MAX executives expressed great satisfaction about their decision to settle the suit...
At last: Softer labor data sends mortgage rates lower
The jobs report today which should move mortgage rates lower, demonstrates why it’s time for the Federal Reserve to land the plane. The...
Labor market cools on strike activity
October job gains significantly cooled compared to September, falling back under the average monthly gain of 258,000 over the prior 12 months.
Total nonfarm...
eXP’s Glenn Sanford is “concerned” about the commission lawsuit’s impact on buyers
eXp World Holdings executives did not mention the Sitzer/Burnett verdict in their third quarter earnings presentation on Thursday, but analysts wanted to hear...
ICE’s mortgage business outperforms in Q3 despite industry headwinds
Intercontinental Exchange (ICE) Mortgage Technology reported an adjusted operating income of $131 million in the third quarter of 2023, up from Q3 2022’s...
Are you prepping for worst-case commission lawsuit outcomes?
Real estate commissions are under the microscope. With the scrutiny of The Department of Justice and the Federal Trade Commission and multiple lawsuits...
The homegenius Platform gives consumers deeper insights in the home buying and selling journey
The process of finding, buying and owning a home today is disjointed, antiquated and messy. homegenius Real Estate understands the need to deliver...
8 best places to buy real estate leads in 2023
Real estate agents are always looking for vetted, high-quality leads — and especially so during 2023 market conditions. One of the most efficient ways...
