A new ‘uniform’ for Fannie and Freddie aims to help homebuyers, investors

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

Why the class action lawsuit against NAR and the big brokers makes sense

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

Nearly 1B mortgage docs accessible by First American security flaw

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

READ: Justice Department’s letter to CoreLogic demanding MLS info

Inman has obtained a letter from the Department of Justice requesting information on multiple listing service data from CoreLogic, a California-based financial services and analytics firm. Continue reading

Fair Housing Administration seeks to loosen condo financing: NAR

For a decade, NAR has urged the Federal Housing Administration to make it easier for condo buyers to qualify for FHA-insured mortgages. Now the FHA is making progress on this front. Continue reading

NAR approves MLS fee adjustments, other policy changes

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

President Donald Trump holds Realtors in the palm of his hand

Most were pleased with Trump’s performance and identified with him as a real estate businessman. Continue reading

National Association of Realtors mulls MLS fee change

The change would require that the charge be ‘reasonably related to the actual costs of serving those members,’ officials said Thursday.  Continue reading

NAR sounds alarm on 4 big legal issues — but bombshell buyer-side lawsuit wasn’t one of them

The California Consumer Privacy Act, the Telephone Consumer Protection Act, wire fraud and web accessibility were discussed at NAR’s mid-year conference. Continue reading