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.
Cardinal Financial Launches Pioneering Mortgage-Backed Security with FICO Score 10 T
Cardinal Financial has launched a groundbreaking mortgage-backed security using FICO Score 10 T, enhancing credit assessments for VA loans and promoting veteran homeownership.
Spring Way Center Appeals Settlement Approval in National Realtors Commission Lawsuit
The Spring Way Center has appealed a settlement approval in a nationwide lawsuit against the National Association of Realtors, raising concerns over business practices and exclusions.
Prominent Los Angeles Landlord Neil Shekhter Passes Away at 60s
Neil Shekhter, a prominent Los Angeles landlord and real estate visionary, passed away at 61, leaving behind a legacy of resilience and entrepreneurial spirit.
Navigating Legal Challenges in Talent Transitions within the Mortgage Sector
The article explores the complexities of talent transitions in the mortgage sector, highlighting legal risks and strategies for successful mergers and acquisitions.
Greystar Pioneers Modular Housing to Transform U.S. Real Estate Landscape
Greystar unveils its first U.S. modular apartment complex, Ltd. Findlay, aiming to revolutionize housing with faster builds and reduced costs amid a housing crisis.
Broker’s Antitrust Lawsuit Challenges Monopolistic Practices in Real Estate Associations
Texas broker Luz de Amor Eytalis has filed a lawsuit against real estate associations, alleging antitrust violations and seeking damages for monopolistic practices.
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.