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
Home for sale sign, with sale pending
Even with more inventory entering the market, homebuyers are struggling with elevated mortgage rates, NAR Chief Economist Lawrence Yun said, leading to fewer signed contracts
by Lillian Dickerson May 29
Trump, Pulte shed more light on plans for Fannie and Freddie
Promise that the government will maintain 'implicit guarantees' of the companies' obligations suggests that what Trump has in mind is monetization, not privatization
by Matt Carter May 28
UrbanDigs relaunches UD Advisor service with new features
The new rendition of UD Advisor adds upgraded visual presentations, quicker report delivery times, a scalable version of the service for teams or entire brokerages and an appraiser slide
by Lillian Dickerson May 28
NAR considers Code of Ethics changes regarding speech
Changes would offer a specific definition of 'harassment' and aim to reduce liability. The prospect of change comes as Texas lawmakers consider a bill that could conflict with current NAR rules
by Jim Dalrymple II May 27
EXp, Weichert win preliminary commission settlement approval
The companies settled in a case known as Hooper. Their settlements have been the subject of months of legal wrangling over allegations that they shopped around for the best deal
by Jim Dalrymple II May 23