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CFPB ends consent order against Fay Servicing 

The Consumer Financial Protection Bureau (CFPB) has terminated its consent order against Florida-based Fay Servicing over illegal foreclosure practices.

Compass attacks NWMLS claims as ‘misleading and self-serving’ 

The Robert Reffkin-helmed Compass fired back against claims made by NWMLS in its motion to dismiss the brokerage’s suit.

Anthony Lamacchia takes real estate’s fight to Trump 

Lamacchia, a Boston-area broker known for his candor and industry advocacy, was invited to a private roundtable with Donald Trump just weeks before Trump’s second-term inauguration.

The Mortgage Firm to invest $1.75M to settle DOJ redlining case 

The Mortgage Firm, a Florida-based mortgage lender, has agreed to invest $1.5 million to settle a redlining case with the U.S. Department of Justice (DOJ), the parties announced Wednesday. 

The top 10 reverse mortgage lenders of 2024 

The top 10 retail reverse mortgage lenders in 2024 weathered a challenging year, with key movements in the rankings.

Nearly half of retirees worry they’ll outlive their savings, while 25% are burdened by housing costs 

A survey of 1,000 retirees shows that many have severe savings shortfalls, can’t enjoy retirement and are burdened by housing costs.

White House, federal agencies urge more commercial-to-residential property conversions 

A new federal initiative aims to develop more commercial-to-residential property conversions to boost housing affordability.

Judge denies HomeServices’ motion for mistrial in commission lawsuit 

Evidence presented Thursday shows listing agents still offer compensation to buyer brokers even when it’s not required.

Closing in on Halloween, the housing market is still savagely unhealthy 

The housing market is struggling, with sales falling, home prices rising, and inventory still negative year over year.

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Updated 11 months ago