Confused by the CCP debate? Here’s what to know

The National Association of Realtors (NAR) Clear Cooperation Policy (CCP), implemented in 2020, is the source of much debate within the real estate industry. The policy was a response to a proliferation of pocket listings and a rapid decline in housing inventory on the MLS, despite a large number of
Read MoreRandell Gillespie named president of LeaderOne

Veteran mortgage executive Randell Gillespie has been named president of Kansas City-based mortgage shop LeaderOne.Gillespie joins LeaderOne following a long stint at Thrive Mortgage and Lower, which merged in early 2024. He most recently served as chief production officer at the combined company be
Read MoreClosing costs for the typical home purchase now top $4,600

Homebuyers paid an average of $4,661 in closing costs on purchase mortgages last year, according to a new report from LodeStar Software Solutions.The company released its first-ever purchase mortgage closing cost report. The findings showed that, on average, closing costs represented 1.06% of home s
Read MoreInside the Trump administration’s plans to gut the CFPB

An illustration of an ax falling on the CFPB headquarters in Washington, D.C. (Image created with ChatGPT 4o)Under a workforce reduction announced on April 18, the Consumer Financial Protection Bureau (CFPB) may be left with just one employee in the Office of Fair Lending and Equal Opportunity, alon
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