"January 6, 2025" Archives

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Batton plaintiff appeals NAR settlement approval

James Mullis, a plaintiff in the Batton homebuyer commission lawsuit, is joining the growing list of parties that have appealed the final approval of the settlement agreements reached by the National Association of Realtors (NAR) and HomeServices of America. Mullis filed his appeal on Dec. 24 in the Eighth Circuit Court of Appeals. Prior to…

Prosperity’s Justin Messer talks customer satisfaction and 2025 mortgage rate predictions

In the newest episode of the Power House podcast, HousingWire President Diego Sanchez sits down for a conversation with Prosperity Home Mortgage CEO Justin Messer. The duo explore Prosperity’s transition from refinances to purchase mortgage originations, the company’s Realtor affiliate model, servicing partnerships and mortgage rate predictions for 2025. This conversation has been edited for…

NAR faces new lawsuit over membership structure in Louisiana

It may be a new year, but the National Association of Realtors (NAR) is continuing to face legal challenges over its membership structure. The newest suit was filed last week in the U.S. District Court for the Middle District of Louisiana by Carla DeYoung, Tammy Jo Williams, Darlene Currie and Carlos Alvarez. Each of the…

Arc Home doubles down on executive leadership hirings

Nonqualified mortgage (non-QM) and nonagency lender Arc Home on Monday announced the additions of John Gibson as chief production officer and Eamon Cantwell as chief operations officer. Gibson will focus on enhancing Arc Home’s production capabilities, strengthening broker and correspondent relationships while advancing the growth of the company’s non-QM, nonagency and HomeEQ products, according to a company announcement. “I’m honored…

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