Mega real estate brokerages raise the stakes in the war for agents

In many markets across the country, Compass’s acquisition of Anywhere Real Estate has resulted in a mega-brokerage firm with over 50% market share. As agents and brokers in some of these markets come to terms with their new massive competitor, many are thinking about how the merger may change the ag
Read MoreKeller Williams settles Batton homebuyer commission lawsuit for $20 million

Nearly two years to the day since Keller Williams settled the home seller commission lawsuits, the firm has announced a settlement with the Batton homebuyer commission lawsuit plaintiffs. The company announced its settlement agreement on Monday. As part of the nationwide settlement agreement, Keller
Read MoreMBA’s Broeksmit says credit bureau trade group “gaslit” mortgage industry

Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit took the stage at the trade group’s IMB26 Conference in Florida to say that its members and he himself have “just been gaslit by the trade association that represents the credit bureaus.” The MBA has proposed that lenders submit a si
Read MoreRetirement accounts become emergency funds as financial stress rises

Long-term retirement accounts are increasingly serving as sources of emergency funds as American workers confront rising costs and persistent financial anxiety, according to multiple recent studies. Surveys from Allianz Life Insurance, Payroll Integrations and F&G Annuities and Life show Americans c
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