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Giorgio Bertuol named president of sales at West Capital Lending

West Capital Lending on Tuesday announced that Giorgio Bertuol is taking on the role of president of sales. Bertoul comes from loanDepot, where he served as the executive vice president of sales since September 2011, per his LinkedIn. loanDepot has been shaking up its leadership since its founder, Anthony Hsieh, returned to the helm. In […]

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FTC lawsuit claims Zillow–Redfin rental tie-up crushes competition

The Federal Trade Commission (FTC) is suing Zillow and Redfin over their rental syndication agreement.  In a complaint filed on Tuesday in U.S. District Court in Alexandria, Virginia, the FTC claims that the two firms conspired to eliminate competition in the rental listing space and that their syndication agreement — under which Zillow paid Redfin

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Trump administration plans deep cuts to homeless housing program

The Trump administration is preparing to slash funding for permanent housing programs aimed at addressing homelessness and shifting billions toward transitional housing that requires work or service participation, according to a report from Politico. The Department of Housing and Urban Development’s (HUD) Continuum of Care program — the nation’s largest initiative to house people experiencing

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Trump administration plans deep cuts to homeless housing program

The Trump administration is preparing to slash funding for permanent housing programs aimed at addressing homelessness and shifting billions toward transitional housing that requires work or service participation, according to a report from Politico. The Department of Housing and Urban Development’s (HUD) Continuum of Care program — the nation’s largest initiative to house people experiencing

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No. 1 eXp mega team Pemberton Homes branches out on its own

When much of the real estate industry is consolidating, Parker Pemberton, who runs the No. 1 team globally at eXp Realty, has decided it is time to strike out on his own.  “I think that the marketplace needs strong local leadership and with the consolidation going on right now, it is getting very corporate out

No. 1 eXp mega team Pemberton Homes branches out on its own Read More »

No. 1 eXp mega team Pemberton Homes branches out on its own

When much of the real estate industry is consolidating, Parker Pemberton, who runs the No. 1 team globally at eXp Realty, has decided it is time to strike out on his own.  “I think that the marketplace needs strong local leadership and with the consolidation going on right now, it is getting very corporate out

No. 1 eXp mega team Pemberton Homes branches out on its own Read More »

Mortgage rate shift turns fall into a ‘new spring’ for lenders

Recent moves in mortgage rates have industry experts predicting that this fall could feel like a “new spring” for originations — even as the threat of a federal government shutdown looms. On Tuesday, HousingWire’s Mortgage Rates Center, which tracks locked loans, showed that 30-year conforming loan locks averaged 6.34% — just one basis point (bps)

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Estimated damages in Batton commission lawsuit come in at over $10 billion

Almost five years have passed since the original Batton homebuyer commission lawsuit was filed, and the plaintiffs are finally asking for certification of their proposed class.  Filed in U.S. District Court in Illinois, the lawsuit alleges that the National Association of Realtors (NAR), Anywhere, Keller Williams and RE/MAX all took part in a “decades-long, nationwide

Estimated damages in Batton commission lawsuit come in at over $10 billion Read More »

Estimated damages in Batton commission lawsuit come in at over $10 billion

Almost five years have passed since the original Batton homebuyer commission lawsuit was filed, and the plaintiffs are finally asking for certification of their proposed class.  Filed in U.S. District Court in Illinois, the lawsuit alleges that the National Association of Realtors (NAR), Anywhere, Keller Williams and RE/MAX all took part in a “decades-long, nationwide

Estimated damages in Batton commission lawsuit come in at over $10 billion Read More »

Mortgage rate shift turns fall into a ‘new spring’ for lenders

Recent moves in mortgage rates have industry experts predicting that this fall could feel like a “new spring” for originations — even as the threat of a federal government shutdown looms. On Tuesday, HousingWire’s Mortgage Rates Center, which tracks locked loans, showed that 30-year conforming loan locks averaged 6.34% — just one basis point (bps)

Mortgage rate shift turns fall into a ‘new spring’ for lenders Read More »