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New York AG Letitia James pleads not guilty to fraud allegations
James’s indictment stems from a criminal referral in April from Federal Housing Finance Agency Director Bill Pulte.
MIBOR, Lundy partner to streamline MLS data access
Leaders said the move aims to simplify and accelerate how real estate technology vendors access multiple listing service data.
Fannie Mae forecasts lower mortgage rates ahead, bump in originations
Fannie Mae’s Economic and Strategic Research (ESR) Group slightly lowered its mortgage rate outlook in October, now projecting rates to end 2025 at 6.3%, down from the 6.4% forecast in September.
Supreme Court delays ruling on Lisa Cook’s future at the Fed
Lisa Cook will remain a Federal Reserve Governor at least until January, when the Supreme Court is scheduled to hear arguments on whether President Donald Trump has legal grounds to remove her.
Jay Bray now CEO of Rocket Mortgage as Rocket closes $14.2B Mr. Cooper acquisition
As part of the deal, Mr. Cooper will be rebranded under the Rocket umbrella, and its CEO, Jay Bray, will become president and CEO of subsidiary Rocket Mortgage.
Mortgage applications take a dive as rates tick back up
Despite rebounding last week, refinance applications decreased 21% and the refinance share of activity shrank to 55.0% of total applications.
Houston MLS enters data share agreement with DFW counterpart
After this data share with NTREIS, HAR MLS subscribers now have access to listings in Houston, DFW, Austin and San Antonio.
FTC lawsuit claims Zillow, Redfin rental deal crushes competition
The FTC is suing Zillow and Redfin over their rental syndication agreement, claiming that the two firms conspired to eliminate competition in the rental listing space.
No. 1 eXp mega team Pemberton Homes branches out on its own
After seven years with eXp, Parker Pemberton is going against current trends and launching PembertonRE, his own independent brokerage.
