Top Freddie Mac, FHFA executives dismissed in latest shakeup
Among those dismissed were Freddie Mac CEO Diana Reid and Head of Human Resources Dionne Wallace Oakley. FHFA COO Gina Cross and HR Director Monic Matthews were placed on leave
by Richelle Hammiel Mar 21
EXp announces interim chief financial officer
EXp World Holdings CFO Kent Cheng is stepping down, effective April 1. EXp Global financial leader Jesse Hill will be taking his place until eXp names a permanent CFO
by Marian McPherson Mar 18
Lawyers bail on Alexander brothers in Side suit after non-payment
Lawyers Michael Betz and Grayson Marshall III said in a court filing on Wednesday that the brothers had failed to pay outstanding invoices billed to them and were near incommunicado
by Lillian Dickerson Feb 13
Landmark NAR commission settlement faces first appeal
A day after the settlement received final approval from Judge Stephen Bough, an entity known as Spring Way Center along with several homesellers appealed the deal
by Jim Dalrymple II Dec 2
Dozens of homebuyers may join a Florida-based commission suit
The Lutz case names HomeServices of America and Douglas Elliman as defendants. A new filing would add 31 additional plaintiffs — some of whom are involved in other cases
by Jim Dalrymple II Nov 14
Side sues embattled Alexander brothers, citing breach of contract
After facing a series of lawsuits this summer from women alleging assault, the Alexanders are now contending with a new legal action against them from Side, which had backed their luxury firm
by Lillian Dickerson Oct 15
Agents put their resource hat on as Helene rages northward
As Helene progressed from a hurricane to a tropical storm to a post-tropical cyclone on Friday, agents got into gear serving as a resource for clients, while dealing with high winds and flooding
by Lillian Dickerson Sep 27
MV Realty barred from enforcing 40-year contract in California
A new preliminary injunction orders the Florida-based brokerage to stop issuing liens in California, and to stop enforcing its 40-year 'homeowner benefit agreements'
by Jim Dalrymple II Sep 20
Alabama Association of Realtors to NAR: Make membership optional
‘It is time to allow members the ability to choose where they allocate their membership and dues dollars between the local, state and national levels,’ Alabama Realtors wrote to NAR on Tuesday
by Taylor Anderson Sep 19
Compass agents launch BDG Partners in Tennessee
Compass agents have united to launch BDG Partners, a full-service team based in Nashville, Tennessee, with the addition of real estate veteran Grant Hammond, HousingWire reported
by Richelle Hammiel Aug 23
What to do if a client says, 'I'm not selling my home for THAT price'
If your client is frustrated by a lowball appraisal, even when they've done everything right to get ready for the market, there may be bias at work, Dr. Lee Davenport writes
by Lee Davenport Mar 7
Better 1 step closer to long-delayed IPO with approval of SPAC merger
Shareholders on Friday overwhelmingly approved a plan to merge mortgage lender Better HoldCo with the Aurora Acquisition Corporation. The deal is expected to close before the end of August
by Taylor Anderson Aug 14
Team structures are a trainwreck. Here's why it's ruining rankings
Opinion
Are some of the biggest teams in the industry really brokerages or teamerages (or vice versa) and how does that affect the way they’re ranked? Before the 2023 rankings come out, let's get this figured out
by Troy Palmquist Dec 20
Finance of America exiting wholesale, correspondent lending
The Irving, Texas-based lender is also reportedly in negotiations to sell its retail mortgage division, which employs about 1,000 loan originators nationwide
by Matt Carter Oct 7
First Guaranty Mortgage cuts 76% of workforce, leaving partners in lurch
Non-QM lender fires three-quarters of its workforce, saying it's experienced 'significant operating losses and cash flow challenges' and has been unable to obtain funding
by Matt Carter Jun 27