Citadel agrees to pay $6.5M to settle DOJ’s redlining claims
The U.S. Department of Justice (DOJ) announced on Thursday a $6.5 million agreement with Citadel Federal Credit Union to settle allegations of lending discrimination in certain...
Utah-based Realtor association no longer enforcing NAR’s Clear Cooperation
The real estate industry is currently divided over the National Association of Realtors’ Clear Cooperation Policy, but one local Realtor association and MLS has decided to...
Home sales are tepid, but mortgage fraud is becoming more common
New data shows that cases of fraud among mortgage applicants is on the rise — an eye-raising trend as demand from borrowers remains relatively quiet.
The...
Mayor who recommended reverse mortgages calls comments ‘regrettable’
As those on a fixed income continue to wrestle with rising property taxes, the mayor of South Portland, Maine, recently recommended that area seniors explore reverse...
Gen X makes progress with retirement savings: Fidelity
Retirement savers experienced their third consecutive quarter of growth in Q2 2024, with Gen X savers showing strong gains in individual retirement arrangements (IRAs), a sign...
Show up, don’t show off: Laura O’Connor is redefining success in real estate
In this executive conversation, Laura O’Connor, COO at JPAR, and Affiliated Network President, shares her insights on the role of the modern real estate professional. With...
Embrace the future: 5 strategic shifts for agents in a transforming real estate market
The real estate industry is undergoing a seismic transformation, with recent regulatory changes pushing the National Association of Realtors to a critical juncture. As these shifts...
With a potential new rate environment coming, how will reverse mortgage lenders pivot?
Federal Reserve Chair Jerome Powell indicated last week that a cut in the federal funds rate at the September meeting of the Federal Open Market Committee...
Housing inventory falls as mortgage rates drop
Have we seen the peak in housing inventory for 2024? The best part about 2024 has been that higher mortgage rates have created an inventory buffer,...
Macroeconomics, not business practice changes, will determine brokerages’ financial performance
For real estate professionals, the business practice changes outlined in the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement —which are set to go into effect on...