Cash-out refi customers largely used proceeds to pay down debt

Consumers who chose to take out a cash-out refinance largely used the loan’s proceeds for paying down existing debts, with notable impacts on credit card and auto loan balances as well as credit utilization rates. Cash-out borrowers also saw increases in their credit scores on average, while scores
Read MoreListing photos at center of lawsuit naming Compass, Side

Who owns photos of a real estate listing? The broker? The photographer? And what exactly happens when a photo used in marketing material looks essentially identical to an already copyrighted photograph? Based on suits filed on Friday by builder, real estate broker and professional photographer Alexa
Read MoreRealTrends’ Steve Murray explores M&A changes and brokerage team models

In this week’s episode of the RealTrending podcast, host Tracey Velt sits down with RealTrends founder Steve Murray. The duo explore the current state of mergers and acquisitions, team-based brokerage models, commission compression, and growth opportunities for agents and brokers.This interview has
Read MoreJason Cave joins Mr. Cooper team as SVP for Government Affairs

Mr. Cooper announced the appointment of Jason Cave as its new SVP of Government Affairs, which was confirmed with HousingWire today. Cave, who started on Jan. 21, confirmed the news on his LinkedIn today. Cave will report directly to Kurt Johnson, the company’s EVP and CFO. Cave joins the company wi
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