Moehrl commission lawsuit trial not expected until end of 2024

If you are waiting on another commission lawsuit trial, it looks like you will be waiting a while. Judge Andrea R. Wood of the U.S. District Court in Chicago indicated this past spring that the trial in the Moehrl commission lawsuit would take place during the first half of 2024. But those plans see
Read MoreSenior FDIC official to lead Conference of State Bank Supervisors

The Conference of State Bank Supervisors’ (CSBS) board of directors appointed Brandon Milhorn – current deputy to Federal Deposit Insurance Corporation (FDIC) vice chairman Travis Hill – as its incoming president and chief executive officer (CEO).Milhorn will assume the new role on Dec. 4, succeedin
Read MorePending home sales fall to their lowest level in two decades

Pending home sales in October fell to their lowest level since 2001. As mortgage rates edged near multi-decade highs, pending home sales declined 1.5% in October on a month-over-month basis, according to data released Thursday by the National Association of Realtors (NAR). As a result, NAR’s Pending
Read MoreFidelity says cybersecurity attack is contained but questions remain

After about a week of chaos at Fidelity National Financial (FNF) due to a cybersecurity attack, the firm said the incident was contained on Sunday, November 26. In an updated filing with the Securities and Exchange Commission on Thursday, Fidelity disclosed the company became aware of a cybersecurit
Read MoreMortgage rates fall to levels not seen since September

Mortgage rates headed lower this week as the 10-year Treasury yield dropped below 4.3% for the first time since September, according to new data from Freddie Mac.The 30-year, fixed mortgage rate averaged 7.22% for the week ending Nov. 30, according to Freddie Mac‘s Primary Mortgage Market Survey. Th
Read MoreCFPB’s Chopra addresses mortgage issues in House oversight hearing

The Consumer Financial Protection Bureau (CFPB) wants to address mortgage issues, including affordability and servicing challenges. However, persistently high mortgage rates currently straining affordability prospects will limit what the Bureau can accomplish.This is according to CFPB Director Rohit
Read MoreHow to get a real estate license in Ohio (OH) in 5 steps

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.Wondering how to get a real estate license in Ohio in 2024? Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real esta
Read More7 best real estate classes in Ohio (OH) for 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.If you’re exploring a real estate career in Akron, Cincinnati, Cleveland, Columbus, Toledo, or any other city in the Buckeye State, then your first step is t
Read MoreClear Capital’s Kenon Chen on appraisal modernization

Editor in Chief Sarah Wheeler sat down with Kenon Chen, executive vice president of strategy and growth at Clear Capital, to talk about appraisal modernization and how technology is just part of the solution. Sarah Wheeler: What are some of the biggest challenges right now?Kenon Chen: The challenge
Read MoreFHA proposes changes to 203(k) program

Nine months after requesting input from the industry, the Federal Housing Administration (FHA) issued a proposal on Wednesday to enhance its rehabilitation program. The updates include increases in the maximum rehabilitation costs for the program’s limited version, an extension of the allowable peri
Read MoreZillow predicts more homes for sale, improved affordability in 2024

Tennessee’s Realty Executives gains top-producing family of agents

Knoxville, Tennessee-based Realty Executives have gained some top-producing agents. The founders of RE/MAX Preferred Properties, Ryan, Rich and Patti Levenson, are joining Realty Executives, according to an announcement on Wednesday.The family sold the franchise in October 2021 but remained with RE/
Read MoreGinnie Mae revises definition of high-balance loans in new guidance

Government-owned corporation Ginnie Mae announced on Wednesday that it has revised its definition for high-balance loans, conforming to new limits announced earlier this week by the Federal Housing Finance Agency (FHFA), according to All Participants Memorandum (APM) 23-13.“Under the new definition,
Read MoreNashville breaks into list of top migration destinations for first time since 2021: Redfin

For the first time since 2021 when Americans relocated in droves, Nashville once again is a top migration destination, according to a new report from Redfin.Nashville, also known as Music City, is No. 9 on the list of the most popular destinations for homebuyers looking to relocate to a new metro ar
Read MoreMBA names Rachel Kelley legislative affairs VP

The Mortgage Bankers Association (MBA) has appointed Rachel Kelley as vice president of legislative affairs.In her new role, Kelley will be responsible for advocating on behalf of MBA’s legislative and policy priorities on Capitol Hill, with a primary focus on Republican members of the United States
Read MoreEncompass by ICE Mortgage Technology helps lenders maximize production volume

Assessing key performance indicators and operations during current industry headwinds is a great way for mortgage lenders to set themselves up for success now and in the future. In particular, lenders should take a look at their loan origination system (LOS), as the LOS they use plays a critical rol
Read MoreHow the title industry is addressing the negative effects of heirs’ property

Homeownership is the single greatest contributor to household wealth for American families. From 2010 to 2020, the value of owner-occupied housing in 917 metropolitan or micropolitan metro areas increased by $8.2 trillion.We know homeownership is a significant contributor to generational wealth. A h
Read MoreMichelangelo’s Childhood Villa In Florence, Italy, Finds A Buyer

The historic residence, built between the 14th and 15th centuries, is where the young Michelangelo di Lodovico Buonarroti Simoni grew up and honed his skills.
Read MoreDataDigest: What the latest data says about home prices, construction and sales

Record high home prices continue to inch higher, even as homebuilders offer discounts and build a higher rate than pre-pandemic levels, according to a host of data releases over the last week.Prices were highest in the South and West, the same regions in which builders are most active.New home sales
Read MoreGet more real estate buyer leads in 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. Snatching up first-time homebuyers
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