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Mortgage applications soar ahead of Fed meeting
Mortgage applications soared 29.7% as rates hit an 11-month low, while refinance activity jumped nearly 60%.
Cornerstone Capital Bank and Tresidio Homes announce joint venture
The joint venture, Table Rock Mortgage, is an Idaho-licensed brokerage offering conventional and government-backed loans.
Reverse mortgage metrics dipped slightly in June
The high mortgage rates that have stymied the broader housing market continue to put a lid on reverse mortgage activity too.
Compass will no longer adhere to Clear Cooperation, other NAR MLS policies
In a letter to MLS and NAR leaders, Robert Reffkin said Compass does not consider any rule national impacting clients as “binding.”
NWMLS asks court to dismiss Compass’s antitrust suit
NWMLS claims that Compass wants to be a “free-rider” by taking advantage of MLS data without contributing its own listings.
How many listings have been impacted by Zillow’s new policy?
Zillow’s listing access standards went into full effect on Monday. The company says only a “small” number of listings have been impacted.