Commission plaintiffs sue Sibcy Cline — and settle for nearly $1M
The independent, Ohio-based real estate brokerage will pay $895K to settle a lawsuit known as Keel for its lead plaintiff, bringing the total settlement fund for plaintiffs in the case to $11.5M
by Andrea V. Brambila Feb 11
Broker Spotlight: Rusty Underwood
Find out how this award-winning Kentucky brokerage owner got his start, and why he's focusing on the importance of company culture
by Christy Murdock Jan 30
Manufactured homebuilder's lender draws regulatory scrutiny
Vanderbilt Mortgage, which also does business as Silverton Mortgage, is accused by CFPB of approving loans that it knew, or should have known, borrowers couldn't repay
by Matt Carter Jan 6
Ben Bray & Associates joins Better Homes and Gardens Real Estate
Ben Bray & Associates, a 27-year-old Tennessee brokerage, is the sixth to join Better Homes and Gardens Real Estate in 2024. The Lafayette-based brokerage boasts 28 agents across 2 offices
by Marian McPherson Jun 7
More US mortgages are 'seriously underwater' as equity dwindles
The share of seriously underwater mortgages moved up slightly from 2.6% to 2.7% in Q1, according to a report from Attom released Thursday
by Ben Verde May 9
Sitzer judge grants preliminary approval for NAR settlement
Judge Stephen R. Bough ruled that the sweeping changes NAR agreed to were 'fair, reasonable and adequate' and set a final approval hearing for November
by Taylor Anderson Apr 23
Sun Belt property managers merge as Bryten Real Estate Partners
Phoenix-based MEB Management Services and St. Petersburg, Florida-based Weller Management announced their merger on Monday
by Ben Verde Apr 16
Kentucky, W. Virginia move to ban exclusive, right-to-list agreements
New laws enacted to prevent the use of Non-Title Recorded Agreements for Personal Services — or NTRAPs — are sweeping the nation as critics decry alleged deceptive and predatory practices
by Taylor Anderson Apr 3
FEMA flood insurance program faces dual existential threats
The National Flood Insurance Program is up against another deadline for renewal while a lawsuit from 10 states takes aim at its proposed pricing change
by Ben Verde Sep 21
The Agency rides into Kentucky with Louisville franchise
As the luxury brokerage continues to expand its Midwestern presence, it has strategically moved into Kentucky with Managing Partner Jason Farabee leading the new office, the company said
by Lillian Dickerson Aug 22
It's getting harder to make money on a home sale: ATTOM
A report out Thursday shows that profit margins on home sales have fallen dramatically since their high points last year. In Q1 2023, the profit margin on a median-priced US home was 44.2%
by Jim Dalrymple II Apr 27
Christie's heads to bourbon country with affiliate in Lexington
Led by Rusty and Rachel Underwood, Christie's International Real Estate Bluegrass will service parts of the state known for distilleries and horse farms, the company exclusively told Inman
by Lillian Dickerson Apr 11
Amerant Mortgage launches Midwest hub in St. Louis, Missouri
Florida's largest community bank, Amerant Bank, continues to grow the national footprint of its mortgage subsidiary, Amerant Mortgage, through acquisitions
by Matt Carter Feb 3
Proptechs iGuide, HouseLens enter into software collaboration
Digital marketing and a compelling online presence will be more important than ever, especially on mobile devices, according to a new National Association of Realtors' report
by Craig C. Rowe Nov 14
After cutting Q3 losses, loanDepot has sights set on breaking even
The troubled lender has shed 5,200 workers through layoffs and attrition and is instituting other cost-cutting measures aimed at trimming $400M in annual expenses by the end of the year
by Matt Carter Nov 9