MLS PIN settlement gains preliminary approval … again
The settlement agreement between MLS Property Information Network (MLS PIN) and the Nosalek commission lawsuit plaintiffs has been granted preliminary approval for a second time.Judge Patti B. Saris of U.S. District Court in Boston granted preliminary approval to the fourth amended settlement agreem
Read MoreDiane Tomb out, Chris Morton in as CEO of ALTA
The American Land Title Association (ALTA) has appointed Chris Morton as its new CEO effective immediately, the organization announced Tuesday.Morton, who previously served as ALTA’s senior vice president of public affairs and chief advocacy officer, succeeds Diane Tomb, who filled the seat for the
Read MoreThe feud between Robert Reffkin, Zillow rages on
There are still three more weeks before Zillow’s new listing standards policy goes into effect, but Compass CEO Robert Reffkin is not wasting time pushing back against the policy.In a LinkedIn post on Monday, Reffkin claimed that Zillow no longer displays all MLS listings to prospective homebuyers.
Read MoreThese suburbs saw the largest increases in renters during the pandemic
The wave of migration set off by the COVID-19 pandemic pushed home prices through the roof in towns that had previously been relatively sleepy. While data shows that some narratives at the time proved to be a bit overstated, there’s no question that it reshaped housing markets across the country.A r
Read MoreCFPB enforcement head resigns, citing ‘no intention to enforce the law’
Cara Petersen, who has served as the principal deputy enforcement director at the Consumer Financial Protection Bureau (CFPB) since late 2017, resigned this week with a letter that’s highly critical of the enforcement posture at the bureau under the new administration of President Donald Trump.Peter
Read MoreJudge rejects bid to block NYC broker fee reform
A federal judge on Tuesday refused to block a landmark New York City law that will shift responsibility for paying broker fees from renters to landlords — clearing the way for the Fairness in Apartment Rental Expenses (FARE) Act to take effect on Wednesday.U.S. District Court Judge Ronnie Abrams den
Read MoreHow to navigate a successful brokerage acquisition
In the wake of the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement, RealTrends Consulting co-founder Steve Murray predicted a new wave of industry consolidation. “Almost any time in history the U.S. federal government gets involved in this kind of litigation against
Read MoreHouse Democrats call for more action on US housing crisis
As the economic situation for many Americans continues to evolve due in part to the cost of housing, one Democratic member of the House of Representatives used her time on the floor Tuesday to call for more action to address rising housing expenses.Rep. Shontel Brown (D-Ohio) on Tuesday introduced a
Read MoreFormer CFO sues Real Brokerage, alleges discrimination
The former chief financial officer of cloud-based real estate firm The Real Brokerage has filed a federal lawsuit alleging she was pushed out of the company after becoming pregnant and taking maternity leave.Michelle Ressler, who was relieved of her role as CFO in April, claims in the suit that Real
Read MoreRocket Pro announces partnership with Vetted VA
Rocket Pro is partnering with Vetted VA, which provides education to veterans and training to loan officers to give veterans better access to home loan benefits.The partnership, announced on Tuesday at The Gathering by HousingWire, will involve the training of Rocket staff and LOs by Vetted VA so th
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A California real estate broker is suing the National Association of Realtors (NAR) over a policy that forces brokers to pay dues for agents who aren’t members of their state, local or national Realtor associations.John Diaz, who’s based in Modesto, claims that NAR’s Variable Dues Formula (VDF) poli
Read More RARE, a Canadian brokerage featured on reality TV, enters the US market
Canadian-based RARE Real Estate has launched operations in South Florida, marking its official entry into the U.S. market.The move is part of a broader expansion strategy by the fast-growing brokerage, which gained recent attention through its feature on the Amazon reality series “Luxe Listings Toro
Read MoreReverse mortgage performance was largely steady in May
Despite a raft of what might seem like contradictory economic data points and a challenged housing market, the reverse mortgage industry largely proceeded as normal based on key performance metrics for May 2025.Home Equity Conversion Mortgage (HECM) endorsements dropped by 1% in May to 2,296 loans,
Read More‘It was love at first sight!’ Inside Rocket’s pursuit of Redfin, Mr. Cooper
Glenn Kelman’s wife was starting to get worried. The Redfin founder and CEO’s behavior was unusual lately. He was staying up late into the night exchanging texts with someone.But there was no other woman. Kelman was group texting Varun Krishna, the CEO of Rocket Companies, and Jay Bray, the CEO of M
Read MoreUWM’s Jason Bressler challenges the fear-driven narrative around AI in mortgage lending
Discussions about the impact of artificial intelligence (AI) have dominated conversations on stage at HousingWire‘s The Gathering. But there seems to be little common ground as some lenders are excited for the chance to scale their businesses to new heights by taking away menial tasks, while others
Read More11 clever ways to use ChatGPT for real estate in 2025 (+ prompts)
Unless you’ve been living among the Amish, you’ve probably already tried ChatGPT for your real estate business. Most agents we work with have, but usually to write listing descriptions packed to the gills with fluffy language and way too many em dashes.Sound familiar? If so, you’ve barely scratched
Read MoreFannie Mae: Consumer housing market sentiment hits 2025 high point
U.S. consumer sentiment toward the housing market improved in May and reached its highest level since November 2024, according to Fannie Mae.Fannie Mae’s Home Purchase Sentiment Index (HPSI) rose 4.3 points to 73.5 last month, driven by increased optimism about home buying and selling conditions and
Read MoreCrossCountry Mortgage ordered to pay $2.1M in age discrimination case
An Ohio appeals court has upheld a jury’s decision that orders CrossCountry Mortgage (CCM), the nation’s eighth-largest mortgage lender, to pay $2.1 million to a former senior accountant who was allegedly fired due to her age. Cheryl Shephard, who joined CCM in 2016, filed the lawsuit in October 202
Read MoreAI training could be alienating, leaving out older adults
Technology disruptions often arrive quickly and loudly, as has been the case with recent evolutions in artificial intelligence (AI).The use of AI-powered chatbots and devices could reshape the way people live and work for decades to come. But with any new major technological shift also comes the pos
Read MoreBrokers might not agree on CCP, but they do believe in broad exposure for listings
Real estate industry executives may not see eye to eye on the National Association of Realtors‘ (NAR) Clear Cooperation Policy (CCP), but there is one thing they do agree on — the vast majority of sellers receive the most benefit from listing transparency and broad exposure of their listings. “The a
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