Move isn’t backing down in its fight against CoStar

In its ongoing battle with CoStar, the parent company of Realtor.com is not giving up without a fight. Initially filed by Move Inc. in July, the lawsuit centers on James Kaminsky, a former Realtor.com employee who went to work at CoStar-backed Homes.com after being laid off by the Move subsidiary. I
Read MoreMortgage demand drops as interest rates rise, economy remains resilient

After reaching their highest level since July 2022, mortgage applications have declined for two straight weeks, counteracting some recent positive signs for a still-sputtering housing industry.According to weekly data released Wednesday by the Mortgage Bankers Association (MBA), applications shrank
Read MoreIf commission rates drop, these real estate brokerages could be in trouble
If commission rates drop significantly as a result of the National Association of Realtors antitrust lawsuit settlement, it’s potentially an existential threat to many brokerages. But which ones and how many?Data from AccountTECH might bring us closer to an answer. Based on a sample of 100 brokerage
Read MoreGinnie Mae’s Sam Valverde on the mission of the reverse securities program

Ginnie Mae has taken a far more active role in the reverse mortgage industry over the past two years, stemming from the failure of a major industry lender that threatened liquidity for other major players in the space. The government-owned company has long overseen the Home Equity Conversion Mortgag
Read More
Categories
Recent Posts










