eXp and Glenn Sanford dismissed from sexual assault lawsuit

The parent company of residential real estate brokerage eXp Realty and its chairman, Glenn Sanford, were dismissed from a former agent’s lawsuit that claimed they benefited financially from her alleged sexual assault by two former eXp star agents and recruiters.Anya Roberts filed a lawsuit in Decemb
Read MoreFDIC settles with Arkansas bank over alleged violations, including for reverse mortgages

The Federal Deposit Insurance Corp. (FDIC) this month announced a settlement with Arkansas-based Bank of England over alleged violations of the Federal Trade Commission Act, the Real Estate Settlement Procedures Act (RESPA), the Fair Credit Reporting Act (FCRA) and the Home Mortgage Disclosure Act (
Read MoreUnsold inventory is rising across the country

It’s the end of May and unsold inventory on the market is increasing across the U.S. Every state in the country has more homes on the market now than a year ago and, in many places, new construction is being completed and added to inventory, so it’s not just resale inventory that’s growing. There ar
Read MoreMortgage rates trend down as the labor market loosens

Mortgage rates kept sliding toward 7% as HousingWire’s Mortgage Rates Center showed the average 30-year fixed rate for conforming loans at 7.25% on Tuesday, below the rate of 7.34% one week ago. At the same time one year ago, the average 30-year conforming rate was 6.8%. Meanwhile, the 15-year confo
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