Compass announced that Barron Hilton and Tessa Hilton have joined the brokerage — rebranding their California luxury real estate business under the Compass banner in Beverly Hills and expanding into Palm Beach. The couple, known for representing high-end properties and clients across Los Angeles and beyond, said the move will allow them to scale their […]
Barron and Tessa Hilton join Compass Read More »
Appraisal technology and management firm Atlas VMS has named Anneta Pope as its chief brand officer, the company announced. Pope — who joined Atlas in 2023 — previously served as chief growth officer. Anneta Pope In her new role, she will advise CEO Erik Morin on market intelligence and customer insights and oversee the development
Atlas VMS promotes Anneta Pope to chief brand officer Read More »
The Compass and Anywhere Real Estate merger is reshaping the real estate landscape, raising questions about market share dominance, culture, agent retention and opportunities for other brokerage firms. Industry leaders weigh in on the potential impacts and future challenges. Below is an updated list of articles and podcasts on the topic from the real estate
Everything you need to know about the Compass-Anywhere merger Read More »
Existing home sales have shown year-over-year growth for two consecutive months, as mortgage rates have remained below 6.64% for the same period. However, let’s remember that the bar is very low for yearly growth. In fact, for many months, I’ve said that the reports coming out from June to October — which will be reported
Existing home sales show year-over-year growth again Read More »
Planet Home Lending on Thursday announced the appointment of John Adams as retail renovation leader as the company seeks to enhance its home renovation expertise and unlock more housing opportunities for borrowers. Adams will focus on training and supporting Planet’s distributed retail loan originators and educating real estate agents nationwide. He will also educate veterans
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The Federal Housing Administration (FHA) has extended the timeline for mortgage servicers to comply with the new loss-mitigation waterfall, according to a mortgagee letter issued Wednesday. While the provisions may be implemented by Oct. 1, they must be fully in place no later than Dec. 30, 2025, according to the letter signed by Frank Cassidy,
FHA extends loss-mitigation deadline for mortgage servicers Read More »
The legal teams at multiple listing services (MLS) have been getting quite the workout over the past few years, first with the commission lawsuits and more recently with lawsuits related to Realtor association membership and MLS access. Given these circumstances MLSs are naturally looking for ways to lower their legal risk portfolio, with “derisking” being
De-risking the MLS: CEOs say consumer friendliness is the best line of defense Read More »
According to Craig Cheatham, the president and CEO of The Realty Alliance, if you were to assign a Facebook relationship status to the relationship between MLSs and brokers it would be “it’s complicated.” “The MLS is at once the most valuable tool of the broker and, at the same time, it is the thing at
‘It’s complicated:’ brokers talk navigating MLS relationships at CMLS Read More »
Today’s report on new home sales printed one of the most surprising results I’ve seen in a while, showcasing significant growth. Now, we should have expected some growth in new home sales, given that mortgage rates have declined recently. In fact, each time mortgage rates have approached 6% since late 2022, new home sales have
New home sales shocked, but are these numbers legit? Read More »
loanDepot has filed a motion to dismiss a class-action lawsuit in Maryland alleging violations of loan officer (LO) compensation rules and borrower steering, arguing the plaintiffs failed to show they suffered a “concrete injury.” The lawsuit, filed in July by five borrowers who obtained mortgages from 2019 to 2021, claims loanDepot engaged in a “sophisticated,
loanDepot challenges class-action suit tied to LO comp rules, steering Read More »