Compass CEO Reffkin: Fears over agent commissions ‘have simply not materialized’

If antitrust lawsuits are impacting agent commissions, it’s not happening at Compass.The brokerage claimed on its second-quarter 2024 earnings call that it’s experiencing virtually no changes in commissions despite the $418 million settlement agreed to by the National Association of Realtors (NAR) f
Read MoreWaterfall analyst: Work remains to get HMBS 2.0 over the ‘finish line’

Roughly one month ago, Ginnie Mae released a term sheet for a highly anticipated new development for the reverse mortgage industry: a new Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) product referred to as HMBS 2.0.The new term sheet detailed several differences from the existing
Read Morea360inc acquires ProVest to expand tech offerings for mortgage industry partners

Technology and outsourcing solutions company a360inc announced on Wednesday that it has acquired ProVest, a Tampa-based process and litigation information services provider for creditors. Some of a360inc’s key constituencies include mortgage lenders, servicers and investors, as well as title agencie
Read More79% of adults believe Social Security needs to be fixed

More than three-quarters of U.S. adults believe that the Social Security program — which provides monthly benefit payments to Americans starting as early as age 62 — needs an “overhaul,” as it continues to face challenges to its solvency with no sign of political will or compromise to address it.Thi
Read More
Categories
Recent Posts










