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loanDepot challenges class-action suit tied to LO comp rules, steering
loanDepot has filed a motion to dismiss a class-action lawsuit in Maryland alleging violations of loan officer (LO) compensation rules and borrower steering, arguing the plaintiffs failed to show they suffered a “concrete injury.”
Baltimore launches $6.2B housing redevelopment effort
Work is supported by $1.2 billion in public funding commitments and is expected to leverage an additional $5 billion from the private sector.
CrossCountry Mortgage raises conforming loan limit to $819,000
CrossCountry Mortgage raises its conforming loan limit to $819,000, ahead of FHFA’s 2026 limits, to empower prospective homebuyers.
Tech Pulse: Lawmakers press FHFA on crypto for mortgages
Senators urging caution as the FHFA weighs unconverted cryptocurrency in mortgage underwriting is among this week’s top tech stories.
Senate Democrats press FHFA on crypto use in mortgages
Five Senate Democrats are raising concerns about the potential risks of using unconverted cryptocurrency assets in mortgage underwriting, urging the Federal Housing Finance Agency (FHFA) to tread carefully.
Century 21 expands in Kansas
The firm, founded in 2021 by broker-owner Christian Keisler, will now operate as Century 21 Monument Real Estate.
No matter how you slice it: Compass say NWMLS’s rules are anticompetitive
In a reply brief, Compass argues that NWMLS’s listing rules can be found anticompetitive under both rule of reason and per se rulings
realMLS adds transparency platform Rayse as a member benefit
According to data from Rayse, 46% of consumers believe real estate agents spend fewer than 15 hours on a home purchase deal.
