For Regina Braga, the president of Res/Title, the verdict in the Sitzer/Burnett commission lawsuit did not come as a surprise. “We’ve definitely seen a movement in the last few years to be more ‘end-consumer friendly’ […]
Investor purchases of residential properties plummeted by 29.7% year-over-year during the third quarter, according to new data from Redfin (NASDAQ:RDFN). Investors purchased 48,667 homes between July and September, or 15.9% of all homes sold during […]
As 10-year Treasury yields tumbled, the average 30-year fixed mortgage fell 26 basis points in the week ending Nov. 9, the largest one-week decrease since last November. The 30-year, fixed mortgage averaged 7.5% as of […]
Longtime National Association of Realtors’ (NAR) staff member Donna Gland has announced her retirement, according to an email sent by CEO Bob Goldberg to NAR members and obtained by HousingWire. Gland, who has been with […]
The Sheriff’s Office in Oklahoma County, Oklahoma, is partnering with Bid4Assets, an online marketplace for distressed real estate sales, to conduct their first-ever online sheriff’s sale. Oklahoma County’s is scheduled for November 14. Prospective bidders […]
Jeff Whiteside, eXp World Holdings’ chief financial officer, has stepped down from his position, the company announced on Thursday. The brokerage already initiated a search process to find a replacement. Meanwhile, Whiteside, who was CFO […]
A total of 2,256 homebuyer assistance programs are available in the U.S. housing market after 54 programs were added in the third quarter, according to Down Payment Resource (DPR), a homebuyer assistance program data and […]
Freddie Mac (OTCQB: FMCC) announced the appointment of Lance Drummond as chairman of its board of directors. He will succeed Sara Mathew, who will retire from the board next February.as Board chair and as a […]
In her first video appearance since the jury verdict in the Sitzer/Burnett commission lawsuit, National Association of Realtors president Tracy Kasper told NAR members that she shares their disappointment in the decision. “The jury reached […]
Total mortgage balances were up 3.2% during the third quarter while total mortgage origination plummeted by 36.5%, according to new data from TransUnion (NYSE: TRU). After recording a slight decline in the second quarter, mortgage […]
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