United Wholesale Mortgage is suing nearby rival Towne Mortgage in a rare theft of trade secrets case from the industry’s largest lender. The lawsuit filed in January accuses nine former UWM account executives of taking trade secrets, including broker partner information, to Towne. The competing retail and wholesale lender and servicer last month denied the […]
UWM sues nearby rival Towne Mortgage for poaching Read More »
Treasuries fell for a second day, pulled lower by a selloff the UK bond market, as traders shifted their attention to a report on the US jobs market on Thursday. Yields rose across most maturities with 30-year Treasuries climbing seven basis points to a session high of 4.83% in morning trading in New York. The
Treasuries fall for second day as UK selloff spills over Read More »
Adobe Stock The Consumer Financial Protection Bureau has scrapped a $95 million settlement with Navy Federal Credit Union, freeing the nation’s largest credit union from paying a $15 million fine and from refunding $80 million to service members who were illegally overcharged overdraft fees. Acting CFPB Director Russell Vought on Monday terminated the consent order
CFPB drops Navy Federal’s $95 million overdraft settlement Read More »
Remember the chatter in the headlines about all the homes big institutional investors were buying? If you were thinking about buying a home yourself, you may have wondered how you’d ever be able to compete with that. Here’s the thing. That’s not the challenge so many people think it is – especially right now. Let’s
Why Big Investors Aren’t a Challenge for Today’s Homebuyer Read More »
The buzz around artificial intelligence is undeniable. It reverberates through every industry and promises top-to-bottom transformation. Property management, long rooted in tangible assets and human interaction, is no exception. For property managers, this isn’t just about adopting new tools; it’s about understanding a fundamental shift that will redefine efficiency, profitability and long-term relevance. The companies
How AI is shaping the future of property management Read More »
Stepping into the role of CEO of the American Land Title Association (ALTA) is both a profound privilege and a significant responsibility—one I embrace with commitment and purpose. Throughout my career in public policy and association leadership, I’ve consistently seen how well-directed education and advocacy can support and enhance industries and elevate the professionals who
The future of the title industry is bright Read More »
President Donald Trump’s “Big Beautiful Bill” is headed back to the House for reconciliation after passing the Senate with a tiebreaking vote from Vice President JD Vance. The 1,116-page multitrillion-dollar bill contains some key changes for older Americans, including a senior bonus tax deduction that would offset taxes on Social Security. But the bill also
What’s in Trump’s ‘Big Beautiful Bill’ for seniors? Read More »
Walker & Dunlop has announced the closing of a $240 million Low-Income Housing Tax Credit (LIHTC) fund — the largest in the firm’s history — that’s aimed at supporting the development of affordable housing across 10 states. Fund 124 will finance 18 housing developments totaling 1,701 units in California, Texas, Maryland, Utah, Missouri, Michigan, Connecticut,
Walker & Dunlop closes $240 million affordable housing fund Read More »
Zillow’s listing standards policy may have only been in effect for one day, but Eric Johnson, a Boston-based Compass agent and team leader, said he has already seen an impact. “Our team has only received a warning so far, but I personally know several agents whose listings have already been banned,” Johnson, who leads Mission
How many listings have been impacted by Zillow’s new policy? Read More »
Broker Public Portal (BPP) — the industry-led home search initiative backed by real estate brokerages and MLSs — announced that Doorify MLS has joined as its newest strategic investor. Based in Cary, North Carolina, Doorify MLS serves nearly 15,000 real estate professionals across 16 counties in the Research Triangle — including Raleigh, Durham and Chapel
Doorify MLS joins Broker Public Portal as strategic investor Read More »