DOJ: Offers of agent compensation “should not be made anywhere”
Although Leal highlighted the DOJ’s belief that offers of compensation should not be anywhere, she did not explicitly say what specific changes the DOJ might look...
Chopra says he is ‘open to’ reviewing the LO comp rule
“As a general matter, we are taking a look at all the old rules, even the ones that were just a decade ago, to see how...
Polly integrates with nCino’s Mortgage Suite
Mortgage capital markets tech firm Polly announced on Monday its API integration with cloud banking provider nCino to enhance the digital mortgage process for lenders.
This integration...
FHA amends identifier requirement for lenders, other entities seeking government business
The Federal Housing Administration (FHA) this week published a mortgagee letter (ML) amending a 2022 requirement for mortgage lenders, and anyone seeking to do business with...
Former HUD Secretary Marcia Fudge becomes a partner at law firm Taft
About two months after resigning as the 18th secretary of the U.S. Department of Housing and Urban Development (HUD), Marcia Fudge has joined law firm Taft...
Keller Williams rescinds changes to its profit-sharing program
But the changes did provide an incentive for agents to return to Keller Williams. Former agents who returned to the company within six months of the...
Jonathan Scarpati joins NRMLA board of directors
The National Reverse Mortgage Lenders Association (NRMLA) this week announced that Jonathan Scarpati, senior vice president of wholesale production at Finance of America (FOA), has joined...
New listings data falls for third week in a row
Weekly housing inventory data
For the third consecutive week, we haven’t quite reached my weekly target of inventory growth between 11,000 and 17,000 homes. However, we came...
East Coast, Midwest cities dominate 2024 best places for veterans to live
The East Coast and Midwest stand out as prime locations for veterans and current military service members, according to the 2024 Best Cities for Veterans to...
Mortgage advisory firms Stratmor Group, Teraverde merge
Mortgage advisory firm Stratmor Group has merged with Teraverde, a mortgage advisory firm and technology solutions provider, in a deal that the companies say will allow...