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NYCB’s surprise $2.7B Q4 loss rekindles regional bank fears

USA Real Estate News-Inman - Fri, 2024-03-01 17:09
Worries about commercial real estate are making jumbo mortgages costlier, since regional banks are a major provider of loans that are too big for Fannie Mae and Freddie Mac.

Sexual assault complaint stresses Sanford’s ‘control’ over eXp agents

USA Real Estate News-Inman - Fri, 2024-03-01 15:21
Judge finds four agents have plausibly alleged that eXp Realty founder and CEO Glenn Sanford attempted a "cover up" of alleged rapes by top agent recruiters in order to financially benefit.

Class-Action Lawsuit Alleges Loan Factory’s Misuse of Personal Information for Business Gain

USA Real Estate News-RISMedia - Fri, 2024-03-01 15:00

California-based Loan Factory and its CEO Thuan Nguyen are in hot water over allegedly using competitors’ names, photos and likenesses who had no affiliation with the company to attract business, according to a new class-action lawsuit filed Thursday in a California court. This news was first reported by National Mortgage Professional. Loan Factory is accused…

The post Class-Action Lawsuit Alleges Loan Factory’s Misuse of Personal Information for Business Gain appeared first on RISMedia.

Compass, eXp notch more big recruiting wins

USA Real Estate News-Inman - Fri, 2024-03-01 14:37
Compass has recruited New York-based brokers Tom Postilio and Mickey Conlon. Meanwhile, eXp added Calgary-based Sahil Chhabra and his team to its ranks.

Better Homes and Gardens Real Estate Names VP of Learning

USA Real Estate News-RISMedia - Fri, 2024-03-01 14:22

Better Homes and Gardens Real Estate LLC has announced the appointment of Karrie-Ann Sheppard as vice president of learning.   In her new role as VP of Learning, BHGRE stated that Sheppard will focus on creating and implementing strategic initiatives to foster the growth of agents and brokers within the Better Homes and Gardens Real Estate®…

The post Better Homes and Gardens Real Estate Names VP of Learning appeared first on RISMedia.

Scarce inventory, falling rates could boost home prices

USA Real Estate News-Inman - Fri, 2024-03-01 14:20
In December, a Pulsenomics panel of more than 100 housing experts expected homes to appreciate by 2.4 percent in 2024. Now they're predicting prices will go up by 3.8 percent.

A CRM and TM System to Measure True ROI (and Everything Else)

USA Real Estate News-RISMedia - Fri, 2024-03-01 14:16

Above, REW CEO Morgan Carey Imagine if your CRM could tell you exactly which sources are providing the best return on investment, and which ones aren’t. Imagine a true measurement of each of your marketing channels that calculates the return on your marketing spend all the way through from the first dollar spent to how…

The post A CRM and TM System to Measure True ROI (and Everything Else) appeared first on RISMedia.

Mortgage rates ease for 2nd consecutive day on inflation data

USA Real Estate News-Inman - Fri, 2024-03-01 14:12
The Federal Reserve's moves to trim $35 billion in mortgages from its balance sheet each month could keep mortgage rates from falling dramatically this year.

Using paid leads? Here’s the FCC change you need to know now

USA Real Estate News-Inman - Fri, 2024-03-01 13:03
Whether your lead gen leans into cold calls, direct mail, door knocking or portals, Bernice Ross talks to REDX President Curtis Fenn to find out what changes are afoot.

Mexicali becomes a tiny home capital with new Samara factory

USA Real Estate News-Inman - Fri, 2024-03-01 12:46
The accessory dwelling unit startup launched in 2022 by an Airbnb cofounder announced this week that it is taking its manufacturing operations in-house.

How far would you go to protect your buyer clients? The Download

USA Real Estate News-Inman - Fri, 2024-03-01 12:46
The Consumer Federation of America, an industry watchdog, says that the buyer agreements you're depending on are woefully inadequate to properly protect homebuyers.
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