CrossCountry Mortgage has asked a federal judge to dismiss a lawsuit alleging the lender engaged in an illegal kickback arrangement with a Raleigh real estate firm. Homebuyer Jeremiah VonBlohn, who filed suit at the end of July, claims his agent at Raleigh Realty directed him to CrossCountry in 2022 under a co-marketing agreement that gave […]
CrossCountry seeks dismissal in kickback suit Read More »
The National Association of Mortgage Brokers (NAMB) announced on Wednesday the start of Kimber White’s presidency for the organization. White has served in several roles with NAMB over the past 15 years, including as board president from 2020–2021 and as a member of the executive board. “I am honored to lead NAMB’s continued efforts to
Kimber White named NAMB board president Read More »
Listing and negotiation platform Final Offer has launched in Denver and Colorado’s Front Range region in partnership with several local brokerages — including RE/MAX Alliance, RE/MAX Professionals, RE/MAX of Cherry Creek and West + Main Homes. Final Offer allows agents to give homesellers more options and control over marketing their properties — while buyers can
Final Offer launches in Denver, surrounding region Read More »
Appraisal technology management firm Atlas VMS announced on Tuesday that it has entered a partnership with QuantumReverse, an LOS provider for reverse mortgages, to integrate the AIM-Port order management platform. The partnership will grant reverse mortgage lenders who use QuantumReverse direct access to their approved appraisal management companies through the AIM-Port platform, including Atlas’s own
Atlas VMS, QuantumReverse enter tech integration partnership Read More »
Zillow and Redfin are facing yet another lawsuit related to their multifamily rental syndication deal. On Wednesday, attorneys general in Virginia, Arizona, New York, Connecticut and Washington filed a lawsuit in U.S. District Court in Alexandria, Virginia, that makes claims identical to those alleged by the the Federal Trade Commission (FTC) in its lawsuit filed
5 states sue Zillow, Redfin over $100M agreement after FTC suit Read More »
Better announced on Wednesday the launch of its Bank Statement home equity line of credit (HELOC) aimed at the 36.2 million small business owners in the United States who often don’t fit within traditional underwriting standards. The new program lets self-employed borrowers access home equity without tax returns, W-2s or profit-and-loss statements. Instead, applicants can
Better launches bank statement HELOC for small business owners Read More »
The Broker Public Portal (BPP) is launching a new chapter in its effort to provide an industry-owned alternative to major home search websites — renaming its consumer-facing national homebuying platform under the name Cribio. However, the Broker Public Portal name will not go away. Leaders behind the project say the move reflects both a commitment
Broker Public Portal’s consumer-facing site becomes Cribio Read More »
Title insurance firms gearing up for the implementation of the Financial Crimes Enforcement Network’s (FinCEN) Anti-Money Laundering Regulations for Residential Real Estate Transfers Rule can slow their efforts. On Tuesday, FinCEN announced that it was postponing the implementation of the policy from Dec. 1, 2025, to March 1, 2026. The rule requires title firms to
FinCEN delays implementation of anti-money laundering rule Read More »
Under the Trump administration, the Consumer Financial Protection Bureau (CFPB) has been winding down enforcement actions against lenders and servicers while opening only two new cases. On Sept. 18, the Bureau terminated consent orders against Washington Federal Bank, Planet Home Lending, Apple Inc. and U.S. Bank National Association. The cases spanned mortgage rules, credit cards
CFPB ends multiple lender consent orders, opens few new cases Read More »
Transacting business across the Lone Star State just got a bit easier for Texas real estate professionals and consumers. Houston Realtors Information Service, Inc., which is perhaps better known as HAR.com, and North Texas Real Estate Information Systems, Inc. (NTREIS) have entered into a data sharing agreement, according to an announcement on Tuesday. Through this
Houston MLS enters data share agreement with DFW counterpart Read More »