While many brokerages have made the decision in recent weeks to settle the commission lawsuits, white-label brokerage Side is taking a different tack. On Friday, the firm filed a motion to dismiss the QJ Team copycat commission lawsuit. The suit was filed in Texas in November 2023, roughly two weeks

California-based mortgage lender loanDepot has hired military advocate Bryan Bergjans as part of an effort to boost its lending capacity in the U.S. Department of Veterans Affairs (VA) space. Bergjans joined the company this month as its national director of military growth and strategy. Before that

Have we seen the bottom in mortgage rates for 2024 after a crazy roller coaster ride so far this year? My 2024 forecast had a mortgage rate range of 7.25%-5.75%. To get to the lower end of this range, we needed to see two things: the labor market getting softer and the mortgage spreads improving. Th

The Federal Reserve did something this week it hadn’t done in more than four years when it lowered the federal funds rate by half a percentage point. But for mortgage industry professionals hampered by fewer sales opportunities since the Fed’s streak of rate hikes began in March 2022, will this be t