Keller Williams launches master franchise in North Macedonia
The company now has 18 master franchises in Europe and is actively looking for new expansion opportunities across most of the inhabited world, according to an announcement on Tuesday
by Jim Dalrymple II Jun 17
Realtor.com CEO slams private listings: 'It is utter nonsense'
Realtor.com won't ban private listings, but CEO Damian Eales argued in a new blog post that private listing advocates 'are likely to find themselves on the wrong side of history'
by Jim Dalrymple II Jun 16
Homesellers fight to keep legal battle with eXp, Weichert alive
The real estate brokerages want to pause a commission case known as Gibson while they wrap up a different lawsuit. But the Gibson homeseller plaintiffs don't want their case put on ice
by Jim Dalrymple II Jun 13
Chimera boosts non-QM presence with HomeXpress acquisition
New York City-based REIT will pay $120M in cash for national non-Qualified Mortgage lender HomeXpress Mortgage Corp., plus 2.08M shares in Chimera valued at $27.9M
by Matt Carter Jun 12
Fairway Independent Mortgage buys itself a new Midwest division
Fort Wayne, Indiana-based Hallmark Home Mortgage is licensed in 18 states. Company founder and CEO Deborah Sturges is joining Fairway Independent Mortgage as a division manager
by Matt Carter Jun 11
Former Real Brokerage CFO sues, alleges pregnancy discrimination
Michelle Ressler was fired earlier this year and replaced with Ravi Jani. She now says company leadership suggested she couldn't be both an effective executive and a mother
by Jim Dalrymple II Jun 10
Foreclosures were up 9% year over year in May: ATTOM
States with the highest foreclosure rates in May included Delaware, Florida, Illinois and Indiana. ATTOM's CEO described the situation as 'a mixed picture'
by Jim Dalrymple II Jun 10
More than 2.5M people have made commission settlement claims
The company handling notifications has sent out more than 100M emails notifying homesellers about the settlements — and is charging more than $32M for its services
by Jim Dalrymple II Jun 10
Covius inks agreement to acquire Blend's Title365 business
Colorado-based Covius will continue to provide integrated title and closing services to Blend's customers, and Title365 President Kirby Hulbert will join Covius' settlement services team
by Matt Carter Jun 9
NAR logo with puzzle pieces symbolizes NAR overturns no-commingling rule
The committee opted to rescind the controversial 'no-commingling' policy on Wednesday, 1 day after NAR's Multiple Listing Issues and Policies Committee voted to scrap it amid DOJ scrutiny
by Jim Dalrymple II Jun 5
HUD and the FHFA are changing. Here's everything you need to know
Workforce cuts, the rescission of Fair Housing initiatives and COVID assistance, and multiple pathways for Fannie Mae and Freddie Mac are all under discussion at the federal housing agencies
by Marian McPherson Jun 5
Redfin shareholders approve Rocket merger at special meeting
With antitrust regulators declining to weigh in, $1.75B deal to marry a tech-focused mortgage lender to real estate brokerage could close by the end of the month
by Matt Carter Jun 4
DOJ removes Nosalek settlement objection — with a strong warning
The federal law enforcement agency withdrew objections to a 4th proposed settlement between plaintiffs and MLS PIN Tuesday, but cautioned that the MLS was not immune to future legal action
DOJ signals withdrawal of MLS PIN settlement objection in Nosalek
The 4th amended settlement, if approved, would prohibit offers of cooperative compensation on MLS PIN's platform and raises the total proposed settlement fund from $3M to $3.95M
by Lillian Dickerson May 30
Motto Mortgage office (contributed photo).
Since peaking at 246 offices in the fourth quarter of 2023, RE/MAX's mortgage brokerage franchising business has experienced declines for 5 consecutive quarters
by Matt Carter May 29
NAR appoints new SVP, VP of communications department
Months after streamlining its communications and PR department, the National Association of Realtors has tapped 2 journalism and public relations veterans to lead its comms strategy
by Marian McPherson May 29