How Rocket Pro TPO plans to bring court more brokers in 2024
Rocket Pro TPO, the wholesale arm of Rocket Mortgage, hopes to woo brokers with a slew of product enhancements and services.
Rocket Pro TPO‘s executive vice president...
The blessing of constraints and other lessons learned from 2023
Is 2023 a year to forget? That’s what we’re supposed to say after a tough year, right? In the case of the mortgage industry, 2023 was...
eXp Realty poaches two top Texas teams
The battle among big brokerages for top agents continues in Texas, where eXp Realty added two top teams last week.
The Mike Seder Group joined eXp after...
Opinion: How regulators can reduce costs and increase equity
Recently, new technologies have reduced costs associated with purchasing a home and provided more opportunities for first-time homebuyers to enter the market.
To continue fostering innovation...
Fewer homes will take a price cut in spring 2024
Traditionally, one third of all homes get a price cut before they sell and when demand gets weaker, this percentage increases, which we saw in 2022...
Older Americans could become their children’s ‘biggest expense’ in coming years, says aging advocate
The seniors who are often the parents of Generation X and Generation Y (millennials) could become a pronounced expense for their kids in the coming years,...
CBO projects FHA to lose $7 billion in 2024 receipts; budget cuts could impact...
The Federal Housing Administration (FHA) faces a potential loss of roughly $7 billion in receipts in 2024, and a failure by Congress to come to terms...
Final approval hearing date set for RE/MAX, Anywhere commission lawsuit settlements
A date for the final approval conference for RE/MAX’s and Anywhere’s settlement agreements in the Sitzer/Burnett, Moehrl and Nosalek commission lawsuits has finally been set.
The conference...
HousingWire to host commission lawsuit debate between Ketchmark and Lamacchia
On Jan. 26, HousingWire will host a virtual debate between Michael Ketchmark, the plaintiffs’ attorney in the Sitzer/Burnett commission lawsuit, and Anthony Lamacchia, CEO of Lamacchia...
G-Rate sues NAF over poaching, alleges violation of LO comp rule
Top-10 mortgage lender Guaranteed Rate has filed a lawsuit against retail rival New American Funding over poaching. But this isn’t your standard poaching lawsuit: G-Rate alleges...