Six U.S. regulators announced on Wednesday that they have approved a final rule that requires mortgage originators and secondary market issuers to impose quality control standards for their automated valuation models (AVMs). In June, the Office of the Comptroller of the Currency (OCC) and the Federa

The U.S. Department of Housing and Urban Development (HUD) on Wednesday proposed a new rule that would implement a permanent program to sell seriously delinquent single-family mortgages insured by the Federal Housing Administration (FHA). These sales have been tested by HUD since 2002, but HUD said

Compass continues to welcome top-producing agents to the firm. Earlier this month, the brokerage announced that it was welcoming 30 agents in South Florida from the Engel & Völkers-brokered SWF Premium Real Estate Team.The team will be part of Compass’ newly opened office in downtown Naples.“We are

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