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BSI Financial’s Allen Price on MSR strategies and home equity investments
Allen Price, the company’s senior vice president of sales, transaction and client management, said that when it comes to the customer retention equation that servicers must solve, MSR pools that are weighted toward lower-rate notes tend to have fewer concerns.
Real estate agents still holding the line on commissions, mystery shopper report finds
Consumer Policy Center “mystery shopper” interviews show widespread uniformity in commission rates and a resistance to negotiating.
Compass claims evidence of collusion between Redfin, Zillow ahead of hearing
The Robert Reffkin-helmed firm claims that Zillow “confirmed” its monopoly power in a post about its listing standards in mid-October.
TransUnion cuts VantageScore 4.0 pricing for mortgage lenders
Credit bureau TransUnion has followed its peers in slashing prices for mortgage lenders purchasing VantageScore 4.0, responding to Fair Isaac Corp. (FICO)’s newly implemented pricing model.
Griffin Funding alleges West Capital Lending, former LOs diverted borrower leads
New lawsuit reignites debate over lead ownership and data transfers as loan officers move between lenders and brokerages.
Phoenix Suns ownership dispute involving UWM’s Ishbia resolved in court
The Phoenix Suns ownership dispute involving UWM CEO Mat Ishbia ends with a dismissal, as the parties agreed to cover their own legal fees.
12 tips to attract home sellers after Fed rate cuts
Discover 12 expert strategies for real estate agents to attract home sellers following the Fed’s rate cut.
Are MLS policies built for the ChatGPT era?
Zillow’s ChatGPT app integration has engendered a conversation about whether current MLS policies can handle the technology of the future.
Top-performing NYC team leader Glenn Davis joins SERHANT.
Glenn Davis was a founding member of Noble Black and Partners at Douglas Elliman, but now he is bringing his talents to SERHANT.
Right-to-list agreements now banned in 30 states
Since Utah became the first state to ban right-to-list agreements in March 2023, 29 other states have followed suit.
UWM cuts out title insurer with updated TRAC+ program, rolls out 0% down purchase initiative
The top U.S. mortgage lender announced the service on Thursday during an annual meeting with its broker partners in Pontiac, Michigan.
CFPB considers ban on charging buyers for lender’s title policy
Homebuyers must purchase a title policy to protect their lender, but the CFPB is reportedly looking to change that.
