In the motion, NWMLS indicated that in addition to responding to Compass’ complaint, it also “intends to file counterclaims” if the judge does not grant its request to dismiss the lawsuit. NWMLS has not specified what issues it plans to address or what allegations it plans to make in a potential countersuit. NWMLS did not […]
“Today’s buyers aren’t just looking for a home – they’re looking for a sense of community,” said Chris Lim, Chief Growth Officer of REMAX. “It is the job of real estate professionals to help potential buyers find homes and neighborhoods that meet their financial needs while supporting the way they want to live.” Affordability and […]
The email stated that his last day will be December 12. While Salemi did not respond to a message on LinkedIna CFPB spokesperson released a statement HousingWire. “Under Chopra and Biden’s leadership, the Enforcement Division was the arming arm of the CFPB. The Enforcement Division is no longer a branch of criminal and unprofessional conduct,” […]
FAPA was passed in 2022 in an effort to prevent banks from endlessly trying to foreclose on a homeowner for the same debt. The issue stemmed from the 2008 housing crisis, when lenders filed and later dropped thousands of foreclosure cases, often causing the six-year statute of limitations to expire. As a result, many lenders […]
He noted that enterprising real estate investors continue to expand in the market, taking advantage of opportunities in both declining and rising areas. He expects to see “opportunities for stabilization” due to stable interest rates and “predictable” taxes and rates. “Specifically for the fix-and-flip market, we see it as a year of stabilization and growth,” […]
“Everyone in residential real estate is talking about AI, but what we’ve built for our agents is much more powerful and purposeful,” said Dean Rouso, senior vice president of strategic initiatives at Baird & Warner. “Remi is trained in all things real estate, including our company’s more than 170 years of data and knowledge, block […]
Responses were collected in September and October from borrowers who had used their servicer’s website or mobile app in the past nine months. The study found that the industry’s slow adoption of mobile technology has left many customers reliant on outdated websites or offline communications. While some service providers have developed apps that meet industry […]
According to a release from the North Carolina-based company, the self-employed HELOC offers an option for self-employed borrowers to qualify using 12 months of personal or business bank statements in lieu of tax returns. Deephaven manages the credit process, from disclosure to financing. Like Deephaven’s previously released Equity Advantage Closed-End Second product, the new Bank […]
The findings are detailed in TransUnion’s e-book, “Trapped by Tuition: The New Reality of Renting.” More than 2.2 million borrowers saw their credit scores drop 100 points or more in just a few months, and one in three borrowers making payments are now more than 90 days delinquent, TransUnion found. One in five borrowers has […]
A month earlier, Zillow had filed a letter asking Judge Edgardo Ramos, a judge of the U.S. District Court for the Southern District of New York, if it would be possible to transfer the lawsuit to Seattle, where he claims the lawsuit should have originally been filed. In a response brief also filed in early […]