Though relatively obscure among most consumers, the project to create the UMBS has been in the works since at least 2012. Officials have already been prepping investors for the launch of the combined TBA market for months, and during Monday’s phone cal… Continue reading
The looming class action lawsuit against the National Association of Realtors and a handful of big-box brokers doesn’t put the future of the real estate industry in as dire straits as NAR and its members would have you believe, argues Hawaiian broker B… Continue reading
Though the security breach had been fixed as of Friday, it previously let anyone who had a link to certain documents on First American’s website access additional electronic records simply by changing a single digit in the URL. Continue reading
Realogy, Keller Williams, HomeServices of America and RE/MAX filed a motion on May 17 to dismiss the class action lawsuit filed by homeseller Christopher Moehrl seeking to upend the traditional commission structure in the real estate industry. Continue reading
The Department of Justice is reportedly demanding CoreLogic and other MLS vendors hand over information related to buyer broker commissions. Continue reading
Existing home sales for single-family homes, townhomes, condos and co-ops fell 0.4 percent from March to April and were down 4.4 percent year-over-year. Continue reading
In a statement, NAR said it wants the suit thrown out because it “misrepresents” the organization’s rules that govern multiple listing services. Continue reading
The following is the complete White House transcript of President Trump’s speech to the National Association of Realtors during its annual mid-year legislative and trade expo in Washington, D.C. Continue reading
Nearly all of the 800 members on the board attended the biannual meeting, held on the last day of the Realtors Legislative Meetings & Trade Expo. Continue reading
Most were pleased with Trump’s performance and identified with him as a real estate businessman. Continue reading