Launched Monday, Compass One’s aim is to funnel business through private exclusive channels, Brown Harris Stevens CEO Bess Freedman writes — yet it threatens a healthy real estate market.
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Broker and former U.S. Senate legislative correspondent Cara Ameer offers issue-by-issue analysis of the confirmation hearing for Scott Turner, newly confirmed as HUD Secretary.
Former Texas state representative and NFL star Scott Turner will now lead the Department of Housing and Urban Development after being confirmed in a Senate vote of 55-44.
With listings scarce and refinancings sluggish, the strategy of partnering with homebuilders to form joint ventures like Onx X+ Mortgage is to grow loanDepot’s purchase loan business.