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Lutz homebuyer commission lawsuit dismissed 

Originally filed in April 2024, the suit alleges that real estate industry entities colluded to create rules such as the National Association of Realtors’ (NAR) now defunct Participation Rule, forcing homebuyers to pay artificially inflated real estate agent commissions.

Trump now says he will not fire Jerome Powell 

President Trump told Republican lawmakers he was leaning toward firing Fed Chair Jerome Powell, but said he wouldn’t on Wednesday.

San Diego Realtors gain access to listings with assumable mortgages 

As part of the partnership, SDAR members will receive discounted access to AssumeList’s subscription platform and training materials.

Blue Sage Solutions’ David Aach on launching full servicing by 2026 

A year after the company’s initial announcement of its new servicing arm, COO David Aach showcased what the first hurdles have been.

Housing agencies are in wait-and-see mode since inauguration 

FHA, USDA and Ginnie are waiting on the Trump administration to identify their mortgage servicing priorities.

Pennymac launches full-service, non-delegated mortgage solution 

PennyMac Financial Services Inc. announced the launch of its full-service, nondelegated mortgage solution, NonDel+, an end-to-end loan experience within its dynamic POWER+ portal.

eXp, Glenn Sanford dragged back into sexual assault suit 

After being dismissed from suit filed by Anya Roberts, Sanford and eXp were named in the first amended complaint of the sexual assault case.

MLS PIN urges Nosalek judge to approve settlement agreement 

In a new legal brief, the Nosalek defendant made it clear that it does not agree with the DOJ’s stance on cooperative compensation.

VA issues temporary fix to allow buyer-paid broker fees 

The change, a result of the National Association of Realtors’ commission lawsuit settlement agreement, was anticipated by the VA last month.

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Updated 11 months ago