U.S. pending-home sales rose 1% month over month in October to a seasonally adjusted annual rate of 401,000, the highest level in a year. Although pending sales fell 4.8% compared to October 2022, it’s still the smallest annual decline in nearly two years, according to a report from Redfin.Here’s a

The transition of three veteran sales executives from South Carolina-based lender Movement Mortgage to its California competitor Summit Funding led to a legal battle over poaching. HousingWire reported in July hat Movement’s national sales director Deran Pennington, leader of the South and Central d

CBC Mortgage Agency — a federally chartered housing finance agency — is reducing interest rates on repayable second mortgages used for its down payment assistance (DPA) program. This marks the first time for CBC Mortgage Agency is reducing interest rates on its second mortgages used for its DPA prog

Nearly four months after filing a motion for summary judgment in the Nosalek commission lawsuit, HomeServices of America finally has a response back from the plaintiffs.As expected, the plaintiffs are in opposition to HomeServices’ motion, stating that HomeServices’ claim that the “Plaintiffs have n