New home sales rise up despite affordability headwinds
New home sales figures exceeded projections in September despite mortgage rates at 23-year high, declining mortgage applications and waning builder confidence.
In September, the sales pace of...
FinCEN expands GTOs of all-cash home sales yet again
The Financial Crimes Enforcement Network (FinCEN), a bureau within the U.S. Treasury Department, announced last week that it will again be expanding its Geographic Targeting Orders (GTOs). The...
Mr. Cooper’s profits increase to $275M in Q3
Mr. Cooper Group improved its profitability in the third quarter of 2023 mainly due to the performance of its servicing portfolio, which benefited from high rates and...
Nosalek plaintiffs look to get in on Anywhere and RE/MAX settlements
The plaintiffs in the Nosalek buyer broker commission lawsuit have asked Judge Patti Saris of the U.S. District Court in Boston to stay their case, along...
Redfin launches new agent pay plan in San Francisco, Los Angeles
Long known for its salaried compensation for agents, Redfin is trying a new pay model in two of the nation’s largest housing markets to help boost...
Mortgage applications stall with 8% rates
With mortgage rates still hovering around 8%, mortgage applications decreased 1% for the week ending Oct. 20 compared to the week prior, according to weekly mortgage...
It’s prime time to audit tech stacks for success
For nearly 30 years, Deion Sanders has been a recognizable name in the sports world. He’s made headlines again this summer after being named the new...
CoStar’s 50th quarter of double-digit revenue growth
CoStar Group’s annual revenue increase of 12% during the third quarter of 2023 marked the 50th straight quarter of double-digit revenue growth. The company reported revenue...
Bank regulators issue new Community Reinvestment Act rule
The Office of the Comptroller of the Currency, the Federal Reserve Board and the Federal Deposit Insurance Corporation issued on Tuesday a new rule to modernize the 1977 Community Reinvestment Act...
NAR CEO back on stand for second day of defense testimony in commission lawsuit...
KANSAS CITY, Missouri — National Association of Realtors CEO Bob Goldberg was back on the stand Tuesday morning at the start of the seventh day of...