The lawsuits taking aim at the National Association of Realtors’ (NAR) three-way membership agreement continue to pile up. W. Preston Moore, a former president of the Pennsylvania Association of Realtors (PAR) and an agent with Howard Hanna Real Estate Services, filed his antitrust suit in late November in U.S. district court in Pittsburgh and is…
"January 8, 2025" Archives
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As mortgage rates continue to climb past the 7% mark, applications continued to take a step back following the New Year’s Day holiday. Demand decreased by 3.7% from the week prior, the Mortgage Bankers Association (MBA) reported in its weekly mortgage applications survey for the week ending Jan. 3. While mortgage application volume decreased on…
California-based direct lender AmeriTrust Mortgage announced a new addition to its leadership team. The company welcomed veteran mortgage executive Jett Farrington this week as its new chief operating officer. Farrington joins a C-suite leadership team consisting of CEO Chad Schoep and chief financial officer Tapan Patel. The Arizona State University graduate announced his new role…
Real estate investment trust Redwood has expanded its home equity platform, Aspire, to include alternative loan products amid affordability challenges in the housing market, the company announced Tuesday. The move is part of a repositioning that includes branding of its jumbo loan platform, which will continue to operate under the Sequoia umbrella going forward. Through…