by | Apr 1, 2024 | Industry News, Latest News, National, News, Premier |
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Commission suits old and new remain in the news; however, not all lawsuits come from the consumer side of the...
by | Mar 28, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
In ongoing efforts to address housing policy and lending concerns surrounding the recent National Association of REALTORS®’ (NAR) settlement, NAR issued two letters this week to both the Department of Veterans Affairs (VA), GSEs and regulators. The letter to GSEs was...
by | Mar 28, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
Above, Doug Seabolt Doug Seabolt, CEO of Rocket Homes, spoke to RISMedia in the days before the National Association of REALTORS® (NAR) chose to settle seller commission lawsuits and make significant changes to real estate compensation practices. While the focus is...
by Beth McGuire | Mar 28, 2024 | Industry News, Latest News, National, News, Premier |
Homebuyers are continuing to turn to new construction as the antidote for a continued lack of existing homes for sale. Mortgage applications for newly built homes jumped 15.7% in February from a year ago, according to data from the Mortgage Bankers Association’s (MBA)...
by | Mar 28, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®) on March 28, showing the 30-year fixed-rate mortgage averaged 6.79%, down 8 basis points from the previous week—one basis point is equal to one hundredth of a percentage point. It follows...
by | Mar 28, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
Charleston, SC—Today, a panel of federal judges heard arguments from both plaintiffs and remaining brokerage defendants regarding whether the many disparate commission cases should be consolidated under one judge in one district—a decision with wide-ranging...