In the early part of December, James Tuccori, a potential homeowner, initiated legal proceedings against @properties, making it the fourth instance of such a lawsuit concerning commission in the state of Illinois.
Cross Country Mortgage has asserted that it’s the pioneer mortgage lender to pledge to the distribution of MBS purely grounded on FICO Score 10 T.
In 2023, the home-equity lending industry saw significant growth, owed largely to the efforts of various freestanding mortgage banks extending their product lines throughout the year. Though there was a slight hiccup in the third quarter due to mortgage rates exceeding 7%, the sector held steady and thrived nonetheless.
As we step into 2024, various new and existing funding alternatives, grant schemes, and legal measures are being utilized to assist homeowners and constructors in generating essential infill housing. These mechanisms will contribute to some extent, but the necessity for savvy lenders to develop more dynamic financing solutions for Accessory Dwelling Units (ADUs) remains critical.
There’s a possibility that 2024 may emerge as an ideal time to apply fresh capabilities, with anticipated advancements in both mortgage rates and the availability of housing. However, this hinges on the condition that 2023 becomes a year worth remembering.
The market didn’t fare very well in 2023 and it seems that the upcoming period may follow suit. Continue reading for critical insights that you should be aware of.
In the Sitzer commission lawsuit, both Keller Williams and HomeServices of America were quick to make several post-trial actions, which were submitted on Monday.
The concept of passive investing might seem attractive until its less appealing aspects begin to show. Let’s delve into the primary danger associated with it. Please note that the summary won’t mention the original source (for instance, Realtor.com).
Tate Property Group, a boutique luxury brokerage, recently became a part of Coldwell Banker, as confirmed by an announcement made by the company a week ago.
Celink, a servicer of reverse mortgages, along with RMF have reached a resolution in its bankruptcy case with the prior lender. The agreement was finalized for a significantly smaller amount than was originally pursued.