Latest Updates Around The World
Compass‘s preliminary injunction hearing in his antitrust case against Zillow continued all week before ending on Friday. The hearing, which will be held in New York City under the auspices of U.S. District Court Judge Jeanette Vargas, will be used to decide Compass’ motion to block enforcement of Zillow’s listing access standards policy. The policy, […]
Before joining PRMG, Stephenson worked for almost seven years Sierra Pacific Mortgage in various marketing roles and eventually became the company’s CMO. She has built and scaled marketing frameworks and led major digital transformation efforts, which she will continue to do in her role at PRMG. Kasia Stephenson “What excites me most about joining PRMG […]
Zillow identified majority white areas through data Urbanity and the 2019-2023 census American Community Five-year estimates from the study of the number of housing units by race of householder. Race, not price, influences private listings, says Zillow Of the homes in the higher price ranges, 8.9% were privately listed in predominantly white areas, compared to […]
A system specially designed for this purposeEvery mortgage market is a patchwork. Rules, products and features exist because of past events, a crisis, a policy choice or market failure. The result is a structure that reflects history more than design. That doesn’t make it bad, but it does mean that we carry baggage with us […]
The latest complaint maintains the same core allegation as the original complaint, which alleged that the portal misleads consumers into using agents affiliated with Zillow through its Flex and Premier Agent programs, resulting in high home purchase prices. The testimony in the amended complaint supports these allegations. According to the amended complaint, Zillow encourages agents […]
More than half (56%) of businesses cited housing affordability as the biggest challenge in 2026, with rising costs (36%) and local economic conditions (35%) also driving a large response share. Despite these persistent headwinds, companies are cautiously optimistic. Thirty-eight percent expect profitability to increase in 2025, compared to 30% in 2023 – the last time […]
The announcement – made at a JPMorgan Chase-sponsored Axios event in Atlanta where policymakers, business leaders and community groups discussed housing issues and solutions – builds on the company’s $5 billion in debt and equity already provided for affordable housing through the first three quarters of 2025. The initiative focuses on strategies such as innovative […]
“Von’s deep experience in both finance and mortgage operations makes him ideal for NEXA’s next chapter,” said Mike Kortas, CEO of NEXA Lending. “He understands how to build systems that scale, maintain discipline through growth and ensure every decision aligns with our mission to strengthen loan officers and teams across the country.” Maharaj said his […]
“It is a good indication that HUD and Ginnie Mae are paying close attention to these critically important programs given our nation’s aging population,” said Steve Irwin, chairman of the National Association of Reverse Mortgage Lenders (NMRLA). “They can not only create greater efficiencies, but also reduce the regulatory burden that may come with these […]
