HUD and the FHFA are changing. Here’s everything you need to know

Workforce cuts, the rescission of Fair Housing initiatives and COVID assistance, and multiple pathways for Fannie Mae and Freddie Mac are all under discussion at the federal housing agencies. Continue reading

Redfin shareholders approve Rocket merger at special meeting

With antitrust regulators declining to weigh in, $1.75 billion deal to marry a tech-focused mortgage lender to real estate brokerage could close by the end of the month. Continue reading

DOJ removes Nosalek settlement objection — with a strong warning

The federal law enforcement agency withdrew objections to a fourth proposed settlement between plaintiffs and MLS PIN Tuesday, but cautioned that the MLS was not immune to future legal action. Continue reading

DOJ signals withdrawal of MLS PIN settlement objection in Nosalek

The fourth amended settlement, if approved, would prohibit offers of cooperative compensation on MLS PIN’s platform and raises the total proposed settlement fund from $3 million to $3.95 million. Continue reading

Motto Mortgage opens new offices in Texas, Florida and Missouri

Since peaking at 246 offices in Q4 2023, RE/MAX’s mortgage franchising business has experienced declines for five consecutive quarters. Continue reading

NAR appoints new SVP, VP of communications department

Nearly six months after its previous communications vice president resigned, the National Association of Realtors has added two new communications and marketing directors to its executive team. Journalism veteran Bennett Richardson will serve as the se… Continue reading

Pending home sales tank 6.3% in April as mortgage rates stay high

Even with more inventory entering the market, homebuyers are struggling with elevated mortgage rates, NAR Chief Economist Lawrence Yun said, leading to fewer signed contracts. Continue reading

Trump, Pulte shed more light on plans for Fannie and Freddie

Promise that the government will maintain “implicit guarantees” of the companies’ obligations suggests that what Trump has in mind is monetization, not privatization. Continue reading

UrbanDigs relaunches UD Advisor service with new features

The new rendition of UD Advisor adds upgraded visual presentations, quicker report delivery times, a scalable version of the service for teams or entire brokerages and an appraiser slide. Continue reading

NAR considers Code of Ethics changes regarding speech

The changes would offer a specific definition of “harassment” and aim to reduce liability. The prospect of change comes as Texas lawmakers consider a bill that could conflict with current NAR rules. Continue reading