Judge approves brokerage commission lawsuit settlement agreements
Settlements reached by Anywhere, RE/MAX and Keller Williams in the commission lawsuits were approved on Thursday.
UWM returns to profitability in Q1 amid MSR sales, improved margins
Regarding new pricing initiatives like Game On, UWM CEO Mat Ishbia said, "I don't foresee that right now."
Compass CEO Reffkin believes agents will still be valued in a post-settlement world
Compass executives discussed the firm's financial results, and its commission lawsuit settlement agreement, during a Q1 earnings call.
Former top executive withdraws lawsuit against Better.com and its founder
The parties sent a stipulation of voluntary dismissal with prejudice to a U.S. district court in New York on April 22.
In Q1 earnings, Longbridge parent expects reverse mortgage market to improve
Ellington leadership reported that Longbridge originations were down, but they expect improvements and were bullish on proprietary securitizations.
Judge denies Batton plaintiffs’ request to block settlement agreement’s final hearing
Judge Andrea R. Wood called the Batton 1 plaintiffs’ motion to block a final approval hearing “neither necessary nor appropriate.”
Fannie Mae adds web-based income calculator for mortgage originators
The new option is designed to better serve borrowers with nontraditional sources of income, including self-employed workers.
Panorama Mortgage Group launches 1% down payment loan program
The 1st Generation program also includes a 2% grant to meet conventional lending standards
Senator inquiring about HMBS program clinches gubernatorial nomination
Mike Braun will be the Republican nominee in Indiana's upcoming governor's race, but the status of his HMBS inquiry remains unclear.