CHLA voices support for attorney opinion letters to FHFA

The Community Home Lenders of America (CHLA) submitted a letter to the Federal Housing Finance Agency (FHFA) expressing its support for the use of...

Fathom Realty to raise agent fees in 2024 to boost earnings

Flat-fee real estate brokerage Fathom Realty will hike its agent fees in 2024 to bolster the company’s revenue by more than $3 million...

Ascent Software Group acquires property data collection platform Value Acceptance

Proptech solutions provider Ascent Software Group (ASG) has acquired property data collection platform Value Acceptance.  Through the acquisition, ASG hopes to modernize the appraisal...

Housing costs continue to burden American families: NAHB

In the first quarter of 2024, 38% of a typical household’s income was needed to make a mortgage payment on a median-priced, new...

Educate your clients on down payment assistance programs

A typical 20% down payment on a home in a U.S. metropolitan area costs $80,250, based on the median price of a single-family...

Zillow, ShowingTime sue 2 multiple listing services

Zillow Group and ShowingTime are taking two multiple listing services (MLSs) to court, due to their allegedly anticompetitive behavior. On Friday, Zillow Group and...

Housing inventory growth slows to a halt

Weekly housing inventory data All I wanted for Thanksgiving and Christmas was just a few weeks of active inventory growth between 11,000 – 17,000....

American Pacific Mortgage names Bill Lowman chairman of the board

California-based retail lender American Pacific Mortgage (APM) has named vice chairman Bill Lowman as its chairman of the board, succeeding APM founder Kurt...

Rithm Capital completes acquisition of Sculptor

New York-based Rithm Capital, the parent company of Newrez, announced on Friday it completed the acquisition of Sculptor Capital Management for $719.8 million.  The deal was made public four...

Chopra: Credit reporting industry’s fee hikes “raise big questions”

Chopra spent his roughly 15-minute speech detailing the various price increases the credit reporting industry — from Experian, Equifax, Transunion and FICO —...