HW+ provides career-making insights and analysis for those in Mortgage, Real Estate and FinTech. This long-form digital content provides members with news nowhere else and digs deeper into the “why” behind the daily news cycle. To join the HW+ community, click here.

MLS PIN, Nosalek settlement finally gains final approval 

With the approval of MLS PIN’s settlement, all settlements in the Nosalek commission suit now have final approval.

Banks earned $1 trillion windfall during Fed’s high-rate period 

Lenders reportedly benefited from higher yields on deposits held at the Fed while paying relatively low rates to many savers.

Jaclyn Bild Smith and Sari Libbin Shapiro launch J&S Group at Douglas Elliman 

The cousins have a combined career sales volume of $900 million-plus and will focus on sales in South Miami and the surrounding region.

Tim Sorenson joins NAF to lead lending, recruiting in the Southwest 

Sorenson most recently served as divisional executive vice president for Rate, where he led retail operations across several states.

Joseph Gormley nominated to lead Ginnie Mae 

Over the weekend, the Senate received Joseph Gormley’s nomination to lead Ginnie Mae and forwarded it to the committee on banking, housing and urban affairs.

CrossCountry Mortgage accused of RESPA violations, kickbacks 

Six separate suits accuse CrossCountry of paying Raleigh Realty $15,000 per month in 2021 and 2022 in exchange for exclusive client referrals.

Longtime Stellar MLS CEO Merri Jo Cowen to step down 

Cowen is departing Stellar MLS after 16 years at the helm. She will be replaced by current COO Shayne Fairley.

Compass CFO Kalani Reelitz announces departure 

Chief Accounting Officer Scott Wahlers will be promoted to CFO, with the move becoming effective at the end of August.

Compass posts record performance in Q2 

Compass reported a 21.1% year-over-year revenue jump to $2.06 billion in the second quarter, with total transactions rising 20.9%.

What's New?
Updated 11 months ago