The National Association of Realtors’ (NAR) commission lawsuit settlement agreement — as well as settlements reached by RE/MAX, Keller Williams, Anywhere, Compass, Redfin, At World Properties and many others — may have received final approval, but the first commission lawsuit settlement to be reached has not been so fortunate. Initially announced in the summer of…
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President Donald Trump wasted no time implementing his agenda after taking the oath of office on Monday. He signed more than 200 executive orders, memorandums and proclamations on the first day of his second term, touching on everything from withdrawing from the World Health Organization to delaying the TikTok ban. And many of them have…
The Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program has long been positioned by reverse mortgage professionals as a viable path for expanding the base of reverse mortgage business. It would allow older homeowners to use a reverse mortgage to purchase a new home. While the required down payment on a home purchased with…
The Mortgage Bankers Association (MBA)’s education division, MBA Education, recently launched its Mortgage Banking Bound (MBB) program at Cleveland State University. The program, which is led by adjunct professor Debbie Hoffman — a visiting assistant professor at the Cleveland State University College of Law — offers a three-credit undergraduate course on residential mortgage origination and…