HW+ provides career-making insights and analysis for those in Mortgage, Real Estate and FinTech. This long-form digital content provides members with news nowhere else and digs deeper into the “why” behind the daily news cycle. To join the HW+ community, click here.
Compass acquires Denver-based PorchLight Real Estate Group
The brokerage said this move will help strengthen its operation in Colorado. The financial terms of the deal were not disclosed.
Plaintiff files suit against 7 companies for violating Fair Credit Reporting Act
A suit naming Xactus, Equifax, Citibank and Wells Fargo as defendants was filed in San Bernardino County Superior Court in late May.
Supreme Court ruling allows Trump’s federal workforce cuts to proceed
The Supreme Court ruled Tuesday that the administration can proceed with plans to lay off federal workers and cut funding to federal agencies.
A&D Mortgage acquires Mr. Cooper’s wholesale, correspondent businesses
The impacted employees at Mr. Cooper will be offered an opportunity to join A&D Mortgage when the transaction is finalized by March 2025.
GSEs delay proposed ‘bi-merge’ credit transition
The GSEs stated that the planned transition will now take place at the same time they retire the Classic FICO credit model, which is “TBD.”
Sitzer/Burnett filing deadline results in a squall of post-trial motions
Keller Williams and HomeServices of America beat the buzzer with multiple post-trial motions in the Sitzer commission suit filed Monday.
Nine commission lawsuits look to consolidate in Missouri under Sitzer/Burnett judge
Nine commission lawsuits from across the country are looking to consolidate in Missouri under Judge Stephen Bough who oversaw the Sitzer trial.
Where the NAR is losing members
NAR membership fell by over 17,000 members in December 2023, as the trade group closed out the year with 1,554,604 members.
