Objections abound as NAR settlement approaches final approval date

There’s less than a month until the final approval hearing for the commission lawsuit settlement agreements reached by the National Association of Realtors, HomeServices of America, and other brokerages and non-Realtor-affiliated MLSs that opted in to NAR’s settlement. Ahead of that date, the object
Read MoreFirst-time homebuyers are being insulated by slower market conditions. Will it last?

Editor’s note: This is the third in a series of articles that will explore the effects of the landmark Sitzer/Burnett case, which was decided on Oct. 31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country.It is no secret that many first-time
Read MoreOctober jobs report will influence Fed policy, mortgage rates path

Employment data for October is set to be released Friday, and it will go a long way in determining the path for mortgage rates, which have surged upward in the past month.At HousingWire’s Mortgage Rates Center on Tuesday, the average rate for 30-year conforming loans was 6.72%. That’s up 10 basis po
Read MoreProperty preservation firm MCS sees reverse channel as a growth opportunity

Earlier this year, Lewisville, Texas-based property services company MCS announced that it acquired Five Brothers Asset Management Solutions, a deal that brought MCS into the reverse mortgage industry for the first time. Soon after, CEO Craig Torrance offered an early look at what he hoped to achiev
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