Time for brokers, agents to bridge the Sitzer disconnect: LeBarton

Brokerages have been scrambling to get agents up to speed on commissions lawsuits — but they may already be in deeper than broker-owners realize, Inman’s Director of Research tells Intel. Continue reading

FHA 2024 loan limits are headed up, chasing rising home prices

Annual home price appreciation of 5.5 percent pushes FHA loan limits up to a minimum of $498,257 in affordable markets, and to a ceiling of up to $1.72 million in high-cost states like Alaska and Hawaii. Continue reading

On the ground in LA: How a divisive ‘mansion tax’ altered real estate

The president of Nourmand & Associates briefed Intel on how a new L.A. tax on high-priced properties has jolted the local real estate industry. Continue reading

What to expect at Compass’ annual RETREAT in San Diego this week

Throughout the week, RETREAT attendees will learn how to develop new business tactics, wield technology more efficiently and stay afloat as guidance around commissions changes in 2024. Continue reading

First American settles ‘no-poach’ allegations with New York AG

The $4.5 million agreement follows similar settlements with “big four” title insurance underwriters Fidelity National Financial, Old Republic National Title Insurance and Stewart Title Guaranty. Continue reading

VantageScore: New scoring model could qualify 4.9M extra borrowers

Company puts heat on regulators to stick to 2025 timetable for requiring lenders to use VantageScore 4.0 to evaluate borrowers, saying delays could impact “creditworthy people of color.” Continue reading

Biden administration backs plan to convert more offices to homes

Initiative provides new financing and technical assistance to developers and local government, and highlights grants and tax incentives that can make conversion projects more attractive. Continue reading

Rocket subsidiary Lendesk launches mortgage AI assistant

Lender Spotlight AI Assistant sifts through the finer points of more than 7,000 mortgage options to help brokers identify the right product and answer clients’ questions. Continue reading

Project to tackle appraisal bias continues with Nov. 1 hearing

The public is invited to join leaders from the American Bankers Association and mortgage giants Fannie Mae and Freddie Mac for a hearing on tackling appraisal bias. Continue reading

Ameris is now 10th lender to settle DOJ redlining charges in 2 years

In announcing the $9 million settlement with the Florida lender, Attorney General Merrick Garland said DOJ “currently has over two dozen active investigations into redlining, spanning neighborhoods across the country.” Continue reading