Anywhere Reaches Tentative Settlement in Lengthy TCPA Class Action Lawsuit
After over five years of litigation, Anywhere has reached a tentative settlement in a TCPA lawsuit over unsolicited calls, avoiding potential liabilities of $220 million.
New York City Council Approves Landmark Initiative to Address Housing Crisis
The NYC Council narrowly approved Mayor Adams’ “City of Yes” initiative, aiming to build 82,000 homes over 15 years to address a severe housing crisis.
Community Unity Shines Through Leigh Brown’s Hurricane Helene Relief Efforts
Realtor Leigh Brown transformed her community’s response to Hurricane Helene into a nonprofit relief organization, mobilizing significant aid for victims in North Carolina.
FHA Extends Foreclosure Moratorium and Launches New Housing Initiative with FEMA
The FHA has extended the foreclosure moratorium for hurricane victims and launched a new partnership with FEMA to enhance disaster housing preparedness and recovery.
Joshua Smith Joins eXp Realty, Elevating Global Agent Network and Mentorship
eXp Realty boosts its team by signing top agent Joshua Smith, aiming to expand its global network and enhance mentorship for over 40,000 agents.
Sam Valverde Joins Freddie Mac as Vice President for Mission and Community Engagement
Sam Valverde, former Ginnie Mae acting president, will join Freddie Mac as VP of mission and community engagement, focusing on housing affordability and risk management.
November Jobs Report Shows Strong Labor Market Amid Federal Reserve Challenges
The November jobs report shows resilient job growth, raising challenges for the Fed amid inflation concerns, while the unemployment rate inches up to 4.2%.
Mortgage Rates Likely to Hold Steady Despite Expected Federal Rate Reduction
As the Fed hints at rate cuts, mortgage rates near 7% are expected to remain stable, impacting housing market dynamics despite rising consumer confidence.
New Home Purchase Applications Rise Year-Over-Year Despite October Decline
Mortgage applications for new homes rose 7.2% year-over-year in November but dropped 12% from October, as first-time buyers increasingly favor new construction.
Andrew Bon Salle Joins Mr. Cooper Group Board to Transform Homeownership Experience
Andrew Bon Salle joins Mr. Cooper Group’s board, bringing 30 years of mortgage expertise to support the company’s growth and homeownership initiatives.
New Jersey and Florida Lead Luxury Vacation Home Market Surge
Pacaso’s report highlights New Jersey and Florida as top luxury vacation home markets, driven by rising second-home investments and favorable market conditions.
Department of Justice Investigates Alexander Brothers Amid Serious Criminal Allegations
The DOJ is investigating luxury real estate brokers Oren and Tal Alexander for sex trafficking, impacting their former firm Douglas Elliman amid serious allegations.
Trump Faces Difficulties in Finding Candidates for Regulatory Leadership Positions
Trump’s transition team struggles to find candidates for regulatory roles like the CFPB director amid fears of budget cuts and political tensions.
Title Resources Group Cuts Jobs After Acquiring Doma to Streamline Operations
Title Resources Group has laid off at least 20 employees post-acquisition of Doma, cutting independent agents by 40% to streamline operations amid financial struggles.
Lutz Homebuyer Commission Lawsuit Grows with 31 New Plaintiffs Joining Case
The Lutz homebuyer commission lawsuit expands with 31 new plaintiffs alleging inflated fees due to the now-defunct NAR Participation Rule, despite recent changes.
Homeowners Enjoy Strong Equity, Reducing Underwater Mortgage Concerns Significantly
Underwater mortgages are at a historic low, giving today’s homeowners ample equity and optimism for selling and buying properties without foreclosure fears.
Anywhere Brands Focuses on Growth Amid Legal Challenges and Market Evolution
Sue Yannaccone emphasizes a growth-focused strategy for Anywhere Brands in 2025 amid legal challenges, prioritizing agent support and operational efficiency.