Housing market hinges on mortgage rates and supply, not commission structures

Although there is no doubt that business practice changes outlined in the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement are going to impact how real estate industry professionals operate, economists aren’t too sure they’ll have much bearing on the housing
Read MoreLongbridge parent lauds reverse lender’s contribution in Q2

Following the slight loss contributed by Longbridge Financial to the first-quarter earnings of parent company Ellington Financial, the reverse mortgage lender turned its fortunes around in the second quarter, which led to praise from the Ellington executive team in a Q2 2024 earnings report released
Read MoreRocket hires Intuit exec as its first chief people and places officer

After 25 years at Intuit, Glenn McGillivray has joined Rocket Companies, the parent of Rocket Mortgage, in the newly created role of chief people and places officer, the company confirmed on Thursday. McGillivray will be responsible for the growth and development of the company’s workforce and workp
Read MoreFathom Realty introduces new agent commission plans

Fathom Holdings Inc., parent company of North Carolina-based Fathom Realty, announced Wednesday that it has started two new commission plans for agents.The two agent payment plans, Fathom Max and Fathom Share, complement the real estate firm’s existing plan known as Fathom One. The new plans are “de
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