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.
MBA Proposes Innovative Ginnie Mae Securitization to Boost Mortgage Liquidity
The MBA proposes a new Ginnie Mae securitization product to improve liquidity for mortgage lenders, especially during economic downturns.
Lawsuit Alleges Brutal Rape by Prominent Real Estate Broker and His Brother
Oren and Alon Alexander face a lawsuit for alleged rape and ongoing federal sex trafficking charges amid growing claims from multiple victims.
First American Launches Real-Time Fraud Notification System to Enhance Transaction Security
First American launches Order Insights, a real-time fraud alert system, enhancing transaction security for agents amid rising fraud threats in real estate.
United Real Estate’s Mission-Driven Growth Strategy for Success in 2025
United Real Estate, under Rick Haase’s leadership, envisions 2025 growth by prioritizing agent success with a flat-fee model and a mission-driven approach.
Mortgage Applications Surge as Refinancing Activity Reaches New Heights
Mortgage applications surged 5.4%, driven by a 27% spike in refinancing as rates decline, while the FHA and VA loan shares also saw notable increases.
Alexander Brothers Face Serious Allegations of Sex Trafficking in Miami
Miami real estate agents Tal, Oren, and Alon Alexander face serious sex trafficking charges, with their business suffering amid ongoing legal troubles.
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%.
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.