by | Jun 21, 2024 | Industry News, Latest News, National, News, Premier |
The Consumer Financial Protection Bureau (CFPB) has issued a proposed $3.95 million fine against Florida-based mortgage lender Freedom Mortgage. The CFPB previously sued Freedom Mortgage in October 2023 after the company was found to have submitted inaccurate mortgage...
by | Jun 20, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
Engel & Völkers has become the latest brokerage to settle class-action commission lawsuits by sellers, according to filings in federal court today, as the international luxury brand entered into a preliminary agreement with plaintiffs to end litigation claiming...
by Beth McGuire | Jun 20, 2024 | Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage dipped again for the third-straight week, averaging 6.87%, down from last week’s average of 6.95%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. This week’s numbers: The 30-year...
by | Jun 19, 2024 | Industry News, Latest News, National, News, Premier |
With mortgage rates remaining high, little change in inflation and the Fed still not making any decisions when it comes to a rate cut, homebuilder confidence remains troubled as it hit its lowest reading since December 2023, according to the latest National...
by | Jun 19, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
In a potentially precedent-setting move, a federal judge recently dismissed an MLS that is not affiliated with the National Association of REALTORS® (NAR) from a class-action commission lawsuit, finding that certain rules involving offers of compensation are not as...
by | Jun 19, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
Above: Realtor.com’s Damian Eales (left) and CoStar’s Andy Florance The words from CoStar CEO Andy Florance were delivered almost as an afterthought that day in February 2023 at the end of an upbeat but otherwise boilerplate quarterly earnings report....