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Author name: Ricky Vasquez

Agents are still being compensated, but how they are is evolving

Agent, California Association of Realtors, Commission Lawsuit, Department of Justice, HWmember, Legal, NAR Lawsuit Settlement, National Association of Realtors, Real Estate /

Nearly a year has passed since the National Association of Realtors’ (NAR) commission lawsuit settlement agreement business practice changes went into effect and the doomsday predictions have yet to pan out. Homebuyers and sellers are still hiring real estate agents to help them with their real estate transactions and real estate agents are still getting […]

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North Mill raises $582.3 million in second 2025 deal

ABS, Bank of America, Securitization /

Fixed-rate loans and lease contracts on medical, trucking and transportation equipment will provide collateral for $582.3 million in asset-backed securities (ABS) from the North Mill Equipment Finance, series 2025-B. North Mill Equipment Finance is sponsoring the deal, its second equipment securitization of the year, and is the servicer of the securitized pool, according to Moody’s

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Stephen Miran

Trump says he will nominate Stephen Miran to Fed

Economy, Monetary policy, Politics and policy, Trump administration /

President Donald Trump said Thursday that he will nominate Stephen Miran, chairman of the White House Council of Economic Advisers, to fill a recent vacancy on the Federal Reserve Board.Bloomberg News WASHINGTON — President Donald Trump said he will nominate Stephen Miran, currently the chair of the Council of Economic Advisers, to the Federal Reserve

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Shipping containers

As tariffs take hold, banks still grappling with uncertainty

Economy, Lending, Politics and policy, Tariffs /

Bloomberg News A new round of tariffs imposed Thursday has raised alarm among economists, lawmakers and financial analysts not just for their impact on trade flows and prices, but for the ripple effects on the financial sector.  Broad tariffs on more than 90 countries went into effect Thursday, following the president’s previously announced deadline for

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Judge nixes class action bid in Wells Fargo redlining case

Industry News, Law and legal issues, Originations /

A California judge declined to give class action certification to a suit lodged three years prior accusing Wells Fargo of discriminatory practices. In an order dated Aug. 5, U.S. District Judge James Donato, wrote that there is no “glue” to hold together the plaintiffs’ claims to justify the granting of class status. Over 100,000 plaintiffs

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Donald Trump

Trump signs debanking executive order

Donald Trump, Law and regulation, Politics, Politics and policy /

Chris Kleponis/Bloomberg WASHINGTON — President Donald Trump signed an executive order meant to combat so-called debanking in the financial system.  The order tells bank regulators to ensure that banks aren’t cutting off consumer access to accounts for political reasons. It also tells the regulators to remove reputational risk from their supervision handbooks, a step that

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Buyers are gloomy. Here’s what they might be missing

Housing affordability, Interest rates, MARKETING TO BORROWERS /

Consumer housing confidence improved slightly in July, with Americans feeling more confident about the economy even as many worry about whether they can buy a house themselves. Fannie Mae’s Home Purchase Sentiment Index rose in July to 71.8, two points higher than June. That’s close to where it was a year ago and right in

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