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Property preservation firm MCS expands with acquisition
MCS, which moved into the reverse mortgage sector last year, is uniting with MSI, another leader in preservation services.
MBA voices support for FHA Commissioner nominee Frank Cassidy
Cassidy, who joined HUD in April, previously served at commercial real estate finance and advisory services firm Walker & Dunlop.
ICE integrates Mortgage Analyzer with Freddie Mac’s borrower verification tool
The tool lets Freddie Mac sellers and third-party originators verify a borrower’s income and employment before submitting a full application
Pulte won’t cut conforming loan limits for Fannie, Freddie
FHFA Director Bill Pulte said Tuesday that he won’t cut the conforming loan limits for loans bought by Fannie Mae and Freddie Mac.
Cornerstone Capital Bank forms joint ventures with Texas, North Carolina homebuilders
Cornerstone, a national provider of residential mortgage finance and loan servicing solutions, is now managing joint venture mortgage companies for 15 homebuilders across the country — including this week’s addition of Twin Tree Mortgage in Texas and Liberty Ridge Lending in North Carolina.
Mortgage rates have leveled off. What happens next?
Although the Federal Reserve has ended a brief cycle of rate cuts, the consistency shown by monetary policymakers is likely making it easier to price loan offerings. Last week, the Fed kept benchmark rates unchanged at a range of 4.25% to 4.5%.
RealReports launches customizable lead generation widget for listing pages
The widget will allow brokerages to incorporate information from RealReports’ property data on each listing while capturing the contact details of consumers who seek to view the full property report.
NAR looks to dismiss DeYoung suit on three-way membership agreements
The National Association of Realtors (NAR) is continuing its quest to unshackle itself from antitrust litigation surrounding its three-way Realtor association membership agreements and MLS access.
Is Compass already winning the war against Clear Cooperation?
In his opening remarks during Compass’s fourth-quarter 2024 earnings call on Tuesday, Reffkin said that almost half of the markets the brokerage operates in have stopped enforcing CCP, a rule implemented by the National Association of Realtors (NAR).
