Senate leaders sound off on Scott Turner’s HUD nomination November 27, 2024 by bp56691 Tim Scott and Elizabeth Warren, who are likely to be influential in the Senate Banking Committee in 2025, weighed in on the HUD nominee.
Jump in pending home sales foreshadows positive end to the market in 2024 November 27, 2024 by bp56691 The 77.4 reading for NAR’s pending sales index is the highest mark since March and the third highest going back to December 2023.
‘The DOJ is coming for NAR’: What’s next after the $418M settlement? November 27, 2024 by bp56691 Despite the NAR settlement gaining final approval, many in the real estate industry believe this is just the start for more antitrust issues.
NAR’s commission lawsuit settlement receives final approval November 26, 2024 by bp56691 Final approval was given to settlements reached by NAR, HomeServices of America, and the 15 MLSs and 13 brokerages that opted in.
Haven partners with Ownwell to streamline property tax monitoring and appeals November 26, 2024 by bp56691 Mortgage technology platform Haven will partner with property tax servicer provider Ownwell to help borrowers save on their property taxes.
How Trump’s plan to ‘seal the border’ impacts housing construction and affordability November 26, 2024 by bp56691 The Trump administration’s attitude on undocumented immigration could block further progress for increasing new-home supply.
Citi invests in mortgage platform Pylon November 26, 2024 by bp56691 Mortgage infrastructure provider Pylon received a minority investment from Citi, and will sell mortgages on its platform through the bank’s mortgage trading desk.
FHA loan limit increases to $524,225 in 2025 November 26, 2024 by bp56691 The FHA limits increased for 2025, but at a slightly lower level than observed one year ago owing to the pace of home price appreciation.
RE/MAX, Keller Williams, Anywhere denied in efforts to dismiss Batton 1 commission lawsuit November 25, 2024 by bp56691 Meanwhile, the Batton 2 plaintiffs are looking amend their complaint by adding more plaintiffs and removing the state claims.
FHFA releases GSEs’ three-year plans to improve housing access in underserved communities November 25, 2024 by bp56691 The regulator unveiled its three-year plan for Fannie Mae and Freddie Mac to improve housing opportunities in underserved areas.