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.
Compass Targets Strategic Growth with Major Acquisitions and Enhanced Services in 2025
Compass is set for strategic growth in 2025 with notable acquisitions, expanded services, and a commitment to enhancing the real estate experience for homeowners.
Highlands Residential Mortgage Welcomes Daniel McCoy as Southeast Regional Construction Loan Manager
Highlands Residential Mortgage appoints Daniel McCoy as Southeast regional construction loan manager, aiming to enhance growth and innovation in construction lending.
Trump’s Push for Influence Challenges Republican Commitment to Federal Reserve Independence
Trump seeks to influence the Fed with low rates, but many GOP lawmakers prioritize its independence and stability, reflecting conflicting views on monetary policy.
Rocket Mortgage Challenges HUD Accountability Over Appraiser Actions in Legal Battle
Rocket Mortgage is suing HUD over appraisal accountability while facing DOJ claims of biased home valuations affecting a Black homeowner’s refinance.
HomeServices Prepares for 2025 by Reaffirming Its Core Identity and Values
HomeServices of America aims to strengthen its core identity in 2025 by simplifying real estate transactions and staying true to its foundational mission amidst market challenges.
UWM Launches 60bps for 60 Days Initiative to Support Brokers This Winter
United Wholesale Mortgage launches “60bps for 60 Days” incentive for brokers, offering 60 basis points on loans for high-FICO borrowers through January 2025.
Homebuilders Offer Increased Buyer Incentives as New Home Sales Rise Post-Election
Post-election, new home sales surged with builders offering incentives and price reductions, reflecting a rebound in consumer confidence and market activity.
Leslie Meaux Pordzik Retires After 36 Years of Transformative Mortgage Finance Leadership
Leslie Meaux Pordzik, a key figure at Ginnie Mae for 13 years, is retiring after 36 years in mortgage finance, leaving behind a legacy of enhanced compliance and innovation.
New Hampshire’s Housing Crisis Demands Urgent Collaborative Solutions for Growth
New Hampshire faces a housing crisis driven by rapid population growth and restrictive zoning laws, prompting lawmakers and organizations to advocate for urgent reforms.
Ellington Financial Achieves Success with $243 Million Reverse Mortgage Securitization
Ellington Financial has launched a successful $243 million reverse mortgage securitization through Longbridge, boosting profits and stabilizing dividend coverage.
Real Brokerage Expands with Urban Nest Realty’s 400 Las Vegas Agents
Real Brokerage expands its luxury real estate influence by partnering with Urban Nest Realty, adding 400 agents and enhancing its foothold in Las Vegas.
FHFA Reports Increased Foreclosures Despite Significant Homeowner Assistance Efforts
In Q3 2024, the FHFA helped over 43,000 homeowners avoid foreclosure, but foreclosure initiations surged 27%, highlighting ongoing housing market challenges.
Ginnie Mae Launches HMBS 2.0 to Strengthen Reverse Mortgage Market Liquidity
Ginnie Mae’s fiscal year 2024 report highlights its launch of HMBS 2.0 to boost liquidity in the reverse mortgage market and enhance support for older Americans.
SUCCESS Real Estate Closes Abruptly Amid Allegations of Misappropriated Escrow Funds
SUCCESS Real Estate abruptly closed its Greater Boston offices, with potential ties to escrow fund misappropriation, leaving agents and clients in turmoil.
Ginnie Mae Achieves Major Portfolio Growth and Delivers Billions to Government Revenue
Ginnie Mae’s FY24 report reveals a $423.4 billion MBS issuance, aiding 1.2 million households and contributing $1.3 billion to government revenue.
Oyssey Launches to Revolutionize Real Estate Insights Beyond Zillow’s Traditional Listings
Oyssey launches as a new real estate platform, offering rich neighborhood insights and personalized buyer-broker agreements to challenge Zillow’s dominance.