Last week, the National Association of Realtors (NAR) announced a settlement agreement in the Sitzer Burnett case that would take effect in July. For those who missed the declarations that this outcome will render transacting real estate almost free, protect consumers and make homeownership affordab

About 65 mortgage professionals have not transitioned from AmCap Home Loans to its acquirer, CrossCountry Mortgage (CCM), and rival New American Funding (NAF) has hired the AmCap personnel to expand its business in Texas, the lender announced last week.Industry veteran Tom Boyd became a divisional e

Like with most things in life, real estate brokerages come in a variety of shapes and size, from white-glove service firms to discount brokerages to flat-fee firms that offer al a carte services. While all types of brokerage models see different levels of success in the current real estate environme

The Federal Reserve’s Federal Open Markets Committee (FOMC) held its short-term policy interest rate steady at a range of 5.25% to 5.5% for a fifth straight meeting on Wednesday.“The Committee does not expect it will be appropriate to reduce the target range until it has gained greater confidence th