Wells Fargo closes 2 more consent orders in quest to shed asset cap

Getting out from under $1.95 trillion cap would allow the bank to grow its deposit base, providing more room on the balance sheet to originate jumbo mortgages too big for Fannie and Freddie. Continue reading

Commissions have fallen for homes above $500K, Redfin says

Overall buyer’s agent commissions average 2.37 percent, essentially unchanged since August. Commissions rose for homes below $500,000, according to the new report. Continue reading

Rules on closing costs, PACE loans on CFPB chopping block

In his first act as interim Consumer Financial Protection Bureau director, Treasury Secretary Scott Bessent froze action on all rules and litigation. Here’s what that potentially means for the recent slate of rules and lawsuits targeting the mortgage i… Continue reading

Rules on closing costs, PACE loans on CFPB chopping block

In his first act as interim Consumer Financial Protection Bureau director, Treasury Secretary Scott Bessent froze action on all rules and litigation. Here’s what that potentially means for the recent slate of rules and lawsuits targeting the mortgage i… Continue reading

Climate change reshapes real estate, putting $1.5T in value at risk

Climate change has shaken up the U.S. real estate market, with buyers no longer simply seeking better quality of life or affordable housing — but also considering climate risks before purchases. Continue reading

Nominate a rising star of the real estate industry

Public nominations are now open in six categories for 2025, recognizing the real estate industry’s emerging leaders. Continue reading

Appeals court will let DOJ speak in REX case against NAR, Zillow

Attorney Alice A. Wang of the DOJ’s Antitrust Division will appear at oral arguments in the U.S. Court of Appeals for the Ninth Circuit on Feb. 13. Continue reading

Corcoran adds trending listings feature to website

The new feature, which the brokerage calls “like Netflix for real estate,” highlights for homebuyers trending properties based on unique views, interactions and leads, the firm has informed Inman. Continue reading

Orchard blooms in 2 new markets — Nashville and Phoenix

Orchard customers can choose to “move first” using a buy-before-sell structure or seek a fast cash-offer sales scenario, as well as select a traditional sales process. Continue reading