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MLS PIN settlement gains preliminary approval … again

June 10, 2025 by bp56691
Judge Patti B. Saris on Tuesday granted preliminary approval to the fourth amended settlement between MLS PIN and the Nosalek plaintiffs.
Categories Commission Lawsuit, Department of Justice, HWmember, Legal, NAR Lawsuit Settlement, Real Estate, sitzer/burnett

Diane Tomb out, Chris Morton in as CEO of ALTA

June 10, 2025 by bp56691
Morton, who previously served as ALTA’s senior vice president of public affairs and chief advocacy officer, succeeds Diane Tomb.
Categories ALTA, Diane Tomb, HWmember, Real Estate, Team Leaders, Title, Title insurance

The feud between Robert Reffkin, Zillow rages on

June 10, 2025 by bp56691
Compass CEO Robert Reffkin continued to push back against Zillow’s listing policy as the real estate industry prepares for it to go into effect.
Categories Clear Cooperation, Compass, HWmember, Real Estate, Real Estate Listings, Robert Reffkin, Zillow

These suburbs saw the largest increases in renters during the pandemic

June 10, 2025 by bp56691
These suburbs saw the largest increases in renters during the pandemic
A Point2Homes study found that a number of suburbs experienced significant shifts in renter rates from before and after the pandemic.
Categories California, Covid-19, Data & Visuals, Florida, Housing Market, HWmember, Renters, Texas

CFPB enforcement head resigns, citing ‘no intention to enforce the law’

June 10, 2025 by bp56691
Cara Petersen, the acting CFPB enforcement director, has resigned, citing a lack of intention to “enforce the law in any meaningful way.”
Categories CFPB, Donald Trump, Housing Market, HWmember, Regulatory, Regulatory Compliance, Trump Administration

‘No legitimate justification’: California broker sues NAR over ‘anticompetitive’ dues

June 9, 2025 by bp56691
A California real estate broker is suing NAR over a policy that forces brokers to pay dues for agents who aren’t members.
Categories California, California Association of Realtors, HWmember, Lawsuit, Legal, national association of realtors, Real Estate

RARE, a Canadian brokerage featured on reality TV, enters the US market

June 9, 2025 by bp56691
The fast-growing brokerage gained recent attention after being featured on the Amazon reality series “Luxe Listings Toronto.”
Categories Brokerage, Canada, Florida, HWmember, Luxury Real Estate, Real Estate

Reverse mortgage performance was largely steady in May

June 9, 2025 by bp56691
Reverse mortgage business metrics were largely steady last month, and analysts expect that to hold barring unforeseen challenges.
Categories Goodlife Home Loans, HECM, HMBS, HWmember, New View Advisors, Reverse, Reverse Market Insight

‘It was love at first sight!’ Inside Rocket’s pursuit of Redfin, Mr. Cooper

June 9, 2025 by bp56691
CEOs Varun Krishna, Jay Bray and Glenn Kelman share how and why the deals went down at HousingWire’s The Gathering.
Categories HWmember, Mergers and Acquisitions, Mortgage, Mr. Cooper, Real Estate, Redfin, Rocket Companies, Rocket Mortgage, The Gathering, The Gathering 2025

UWM’s Jason Bressler challenges the fear-driven narrative around AI in mortgage lending

June 9, 2025 by bp56691
In a session at HousingWire’s The Gathering, UWM’s Jason Bressler told the audience that he considers the use of AI a form of “protection.”
Categories Artificial Intelligence, HWmember, LendingLife, Mortgage, Technology, The Gathering, The Gathering 2025, United Wholesale Mortgage
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