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Texas bill aimed at NAR speech code fails to advance 

The Texas legislation was introduced in part as a response to NAR’s speech code, which was introduced in 2020.

DOJ withdraws objection to MLS PIN settlement, clearing the way for preliminary approval 

The DOJ has withdrawn its objection to MLS PIN’s settlement of the Nosalek commission lawsuit, clearing the way for preliminary approval.

HUD OIG reveals ongoing reverse mortgage oversight priority 

The HUD OIG report details some reverse mortgage highlights, including an ongoing oversight priority and a recent conviction.

The good news? The Fed doesn’t expect a recession. The bad news? Housing. 

The Fed no longer expects a recession. That’s good for the broader economy. But what does that mean for housing? More of the same, economists said.

Mr. Cooper boosts Q2 profits to $142M as servicing business grows 

Mr. Cooper delivered $142 million in net income from April to June, compared to $37 million in the first quarter, the company reported Wednesday.

Home prices jump for a fourth straight month in May 

Home prices showed resilience in May as buyers took advantage of the dip in rates during that month, putting pressure on available inventory.

Homebuyers still shopping despite coronavirus-fueled pessimism 

To be certain, the statistical picture of today’s economic environment is grim. But will this new wave of consumer pessimism damage the housing market for the remainder of 2020? Some housing industry experts question doom-and-gloom forecasts, pointing to ongoing activity in the mortgage space.

The fragmented voice of the appraisal industry 

For appraisers, one factor played a key role in the heat they received following the crisis – their representation. HW+ Premium Content

Coronavirus pandemic exposes weaknesses of iBuyer model 

The main criticism of the iBuying model is that it will only ever be effective for a very limited number of houses, and only during certain economic cycles. In the midst of an unprecedented global pandemic, iBuyers are suffering along with every other business type. HW+ Premium Content

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Updated 11 months ago