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FHA seeks input on buy now, pay later lending
The Federal Housing Administration (FHA) has opened a request for information on buy now, pay later (BNPL) lending as it seeks to understand its implications for housing affordability and stability.
Back on the tariff roller coaster: Trump imposes new levies, extends deadlines
Trump issued a flurry of new tariffs on key trade partners while also indicating he will extend the deadline for others to negotiate a deal.
NAR celebrates passage of the ‘Big Beautiful Bill’
The bill includes several long-sought policy priorities for NAR, including a fourfold increase to the cap on state and local tax deductions.
Senior-held home equity falls slightly in Q3 2024
The amount of senior-held home equity fell slightly between the second and third quarters of 2024, according to a report from NRMLA and RiskSpan.
Incenter Lender Services hires two VPs to oversee national accounts
Incenter Lender Services, a group of companies that help nonbank and depository mortgage lenders nationwide, announced this week the hiring of two new vice presidents. Kathleen Rose and Wayne Brown will join Incenter’s leadership team.
December jobs report comes in stronger than expected
While the unemployment rate was up compared to the start of the year, the job market ended 2024 strong.
How the commission lawsuits may prompt intervention from DOJ and regulators
The DOJ is interested in NAR’s cooperative compensation policy, but other agencies may also investigate real estate agent commissions.
Illinois homebuyers file second commission lawsuit, and it may be the largest one yet
The new Batton 2 commission lawsuit filed by homebuyer plaintiffs accuses seven national brokerage firms of colluding to inflate agent commissions.
Compass cuts losses in Q3, addresses commission lawsuit threat
“I don’t think there’s any evidence to suggest that there will be pressure on commissions,” Compass CEO Robert Reffkin said in an earnings call one week after a jury sided with plaintiffs in the Sitzer/Burnett case.
