Appraisers raise alarm on AMC revenue-sharing models

In a shrinking mortgage market, fee pressures are the main challenge for appraisers, according to a new survey from the National Association of Realtors. In 2023, nearly half of appraisers surveyed said fee pressure was their biggest challenge, up 20 percentage points since last year. Fee pressure w
Read MoreCFPB reaches $2.7B settlement with credit repair conglomerate

The Consumer Financial Protection Bureau (CFPB) reached a multi-billion dollar settlement with a collection of brands that offer credit repair services to American consumers, the agency announced on Monday.The settlement includes some of the largest credit repair brands in the country, including Lex
Read MoreBetter reports improved net loss of $45.5 million in Q2

Better Home & Finance Holding, the digital lender that debuted on Nasdaq last week, reported a net loss of $135.4 million in the first half of 2023, an improvement from nearly $400 million in the same period last year, according to its 8-K filing with the Securities and Exchange Commission (SEC) on
Read MoreCompass snags two Chicago-based @properties brokers

Anne Hodge and Debra Dobbs are joining the Chicago office of Compass, the company announced Friday. The top agents were previously at brokerage @properties. “We are thrilled to welcome Anne and Debra to our growing Chicagoland team,” Fran Broude, regional vice president at Compass, said in a stateme
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