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Homebuyer lawsuit against eXp dismissed on procedural grounds 

One of the lawsuits brought by a Cleveland homebuyer against eXp Realty, parent company eXp World Holdings and its leadership was dismissed.

Opendoor lays off 40 more workers amid ongoing struggles 

iBuyers have struggled to crack the code for consistent profitability, and their influence in the real estate market has steadily waned.

‘I want more’: Patty Arvielo on representation and NAF’s Rocket-like future 

Arvielo wants to see more women enter the industry and become top producers, more mentorship and to take her company to Rocket-level success

NEXA’s Grella sues Kortas over “secret, unauthorized” aircraft-related purchases 

Mat Grella says NEXA co-owner Mike Kortas retaliated against him after he refused to invest in an aircraft hangar and the purchase of a fourth jet.

Once at the fringes of housing finance, home equity investment companies look to grow their stake 

These products are a relatively new concept for many homeowners, but their growth potential is evidenced by more secondary market transactions

NAR, MBA ask for clarification on underwriting rules 

The trade groups asked the FHA, FHFA and the GSEs to continue to exclude seller or listing agent payments of buyer agent commissions from interested party contribution caps

Lawsuits, red tape & interest rates: Do mortgage JVs have staying power? 

Real estate brokerages and mortgage lenders made a killing with JVs in 2020. But margins are compressing and the CFPB is expected to take a closer look at RESPA issues under Rohit Chopra. Is the JV window closing? HW+ Premium Content

Why brokerages and mortgage lenders are rushing into JVs 

Joint ventures are suddenly stitched into the fabric of a handful of national brokerages. But the idea of the joint venture collides with the loose, informal networks that color the American housing economy. HW+ Premium Content

Housing starts data pushing toward pre-cycle highs 

Housing starts missed expectations, but the real story is that there is enough demand to keep building homes. HW+ Premium Content.

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Updated 11 months ago