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Price of an existing home peaks even as sales pace falls below 4 million
Existing-home sales in June registered at a seasonally adjusted annual rate of 3.93 million, a 2.7% decline compared to May.
NAR, local associations dismissed from Eytalis suit
The district court took the recommendations of U.S. Magistrate Judge Hal R. Ray and dismissed NAR from the antitrust suit.
Mr. Cooper stays profitable despite major subservicing exit in Q2
Mr. Cooper reported $198 million in net income for the quarter, up from $88 million in Q1 2025 but slightly below its $204 million profit from the same period last year.
Texas Capital Bank opposes summary judgment motion in Ginnie Mae suit
TCB says that granting the government a summary judgment in its lawsuit against Ginnie Mae would be based on on an “incorrect” idea.
Deadly Kentucky floods will exacerbate existing housing issues
Effects from deadly flooding in Eastern Kentucky were made worse this past weekend as a storm system brought heavy snow and wind into already devastated communities. It will have a large impact on real estate for years to come, Kentucky real estate agents told HousingWire. As of Monday, the statewide death toll associated with the […]
Mr. Cooper won’t be onboarding as many Flagstar employees as initially anticipated
Mr. Cooper won’t be onboarding as many Flagstar Bank employees as initially projected in its $1.4 billion deal to acquire the depository bank’s residential mortgage servicing operations.
Mauricio Umansky wants the real estate industry to ignore the ‘noise’ around the NAR settlement
As an entrepreneur, Mauricio Umansky has displayed remarkable versatility. At just 26 years old, he launched the clothing brand 90265, which pioneered a number of fashion trends. In 2011, he founded the innovative brokerage The Agency RE, and he recently launched a real estate agent trade group that aims to serve as an alternative to […]
Keller Williams settles lawsuits involving scrapped changes to profit-sharing program
The nightmare created by Keller Williams’ decision to make changes to its profit-sharing program appears to be coming to a close. On Friday, Keller Williams and plaintiffs Eric Mendoza and Jack LeVine filed a document with a U.S. district court in Nevada. On Oct. 2, the parties stated that they “finalized the terms of the […]
Real estate leaders emerge from chaos with confidence
Brokers and industry leaders reflect on the recent business practice changes — what many are now calling the Y2K of the real estate industry.