Mortgage servicer and lender Planet Home Lending is acquiring the retail division assets of employee-owned Axia Home Loans, HousingWire has learned. Employees of the Washington state-based Axia, a retail and wholesale lender, were informed of the transaction on Wednesday afternoon in a one-hour call

With company executives predicting that things will get messy in the U.S. real estate landscape over the next several months due to the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement, eXp World Holdings — the parent company o

If antitrust lawsuits are impacting agent commissions, it’s not happening at Compass.The brokerage claimed on its second-quarter 2024 earnings call that it’s experiencing virtually no changes in commissions despite the $418 million settlement agreed to by the National Association of Realtors (NAR) f

Roughly one month ago, Ginnie Mae released a term sheet for a highly anticipated new development for the reverse mortgage industry: a new Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) product referred to as HMBS 2.0.The new term sheet detailed several differences from the existing