Ginnie Mae revises definition of high-balance loans in new guidance

Government-owned corporation Ginnie Mae announced on Wednesday that it has revised its definition for high-balance loans, conforming to new limits announced earlier this...

Rental properties can help agents build a sphere of influence

Since its launch in 2016, RentSpree has served 1.1 million rental units across the country, according to Lucarelli. Miami-based Realtor Yansey Valdes entered the...

SERHANT. expands in South Carolina with addition of Charleston team

SERHANT. has added a high-performing team to its presence in Charleston, South Carolina. Key Avenue Group is leaving Keller Williams for SERHANT., bringing a...

Optimal Blue’s Scott Smith talks long-term goals, competition in mortgage tech

Optimal Blue — a provider of secondary market solutions and actionable data services — plans to solidify its position as an end-to-end solution...

Compass cuts losses in Q3, addresses commission lawsuit threat

Compass surprised positively in the third quarter of 2023 by posting a number of strong results. The brokerage’s national quarterly market share grew...

Current housing inventory insufficient for aging needs, report says

Despite a documented preference that older Americans have to age in place, the current housing inventory is inadequate to support the needs of...

Gary Keller, Bob Goldberg, Gino Blefari depositions on commissions shared with the jury

The second day of the trial for the Sitzer/Burnett bombshell class action buyer broker commission class action lawsuit included plenty of insights into...

HUD to invest $174 million for climate resiliency in multifamily

The U.S. Department of Housing and Urban Development (HUD) on Thursday announced an investment of $173.9 million in loans and grants under the...

Incenter rebrands, changes up leadership 

Incenter Mortgage Advisors (IMA) has rebranded and changed its leadership to reflect the offering of a broader set of capital markets services.  The company, which...

Court approves RE/MAX, Anywhere’s commission lawsuit settlements

RE/MAX and Anywhere Real Estate can breathe a sigh of relief. The two corporate brokerages have received preliminary approval of their settlement agreements...