NAR throws support behind CEO Bob Goldberg at emergency meeting

In the wake of the New York Times exposé, which revealed sexual harassment allegations and a “culture of fear” at the National Association of Realtors, the trade organization is throwing its support behind longtime CEO Bob Goldberg.In a statement confirming that a rumored emergency executive committ
Read MorePennymac, RoundPoint report data breach

Pennymac Loan Services and RoundPoint Mortgage Servicing reported this week their customers were exposed to a data breach through the Sovos Compliance software, per filings with the Attorney General in California. Sovos, which provides services to financial companies, said that its vendor Progress S
Read MoreFHFA considers giving nonbank mortgage lenders access to FHLBs: Bloomberg

The Federal Housing Finance Agency (FHFA) is considering giving more financial firms, including nonbank mortgage lenders, access to the $1.4 trillion network of Federal Home Loan Banks (FHLBs), Bloomberg reported, citing people familiar with the matter.The FHFA may stop short of explicitly calling f
Read MoreAugust unemployment jumps to 3.8% as labor cools

The pace of hiring continued to cool in August, with job gains of 187,000, which is lower than both the 204,000 monthly average for the previous six months and the 399,000 average of 2022, said Realtor.com Chief Economist Danielle Hale.Total nonfarm payroll employment increased by 187,000 jobs, just
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