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On Tues. April 8, government sponsored-enterprise Fannie Mae announced that over the past few weeks, it had fired over 100 employees due to fraud, including mortgage fraud, against the company. The announcement did not elaborate on the specifics of what the claimed fraud was. William J. Pulte, director of the Federal Housing Finance Agency (FHFA),…
The post Fannie Mae Has Fired Over 100 Employees, Citing Fraud appeared first on RISMedia.
Words like “turmoil” and “uncertainty” rarely describe an environment where people are eager to buy and sell real estate. Unfortunately, right now it is hard to find any analyst, economist or commentator on either side of the political spectrum that isn’t using these words—or some variation, as tariffs have roiled financial markets and consumer confidence…
The post Recession ‘Probably Inevitable’ as Housing Economists Parse ‘Whiplash’ appeared first on RISMedia.
The housing industry has weathered commission lawsuits, scandals and lackluster home sales in recent years. With the Trump administration’s aggressive rollback of Diversity, Equity and Inclusion (DEI) programs, there’s another reckoning for real estate and housing professionals. Brokerages and housing leaders face critical questions about the future of fair housing to protect consumers. There’s also…
The post DEI Under Fire: Real Estate Industry Confronts New Reality as Federal Rollbacks Hit Fair Housing appeared first on RISMedia.
REcore Solutions, a leading provider of MLS SaaS solutions and data licensing, has announced that NorthstarMLS in Minneapolis and the Mid-America Regional Information System MLS (MARIS) in St. Louis have invested in the company, further solidifying REcore Solutions’ position as a driving force in the MLS technology space. The company says this strategic investment highlights…
The post NorthstarMLS and MARIS MLS Invest in REcore Solutions, Backing the Future of MLS Innovation appeared first on RISMedia.
It was during a recent long weekend at the beach with the missus that I finally connected via telephone with a peer in another Tennessee city we are expanding into soon. As someone who obviously knew the market better than us, I sought his input as part of our strategic planning. We have had short…
The post Op-Ed: Cooperation or Disintegration appeared first on RISMedia.
Amid recent economic uncertainty, homebuyers and owners took advantage of falling mortgage rates that dipped to their lowest point since October of last year, driving a 20% surge in purchase applications and a 35% increase in refinance applications. According to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) for the week…
The post Amid Economic Uncertainty, Mortgage Applications Surge After Rates Hit Lowest Point Since October appeared first on RISMedia.