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Pennsylvania AG moves to dismiss Moore membership suit against NAR

Another antitrust lawsuit related to the National Association of Realtors‘ (NAR) three-way membership agreement is facing a motion to dismiss. On Thursday, the Pennsylvania Real Estate Commission, which is a defendant in the Moore suit, filed a motion to dismiss for lack of jurisdiction and/or failure to state a claim. The motion was written by…

MBA lowers 2025 forecast for refinances

The Mortgage Bankers Association (MBA) has revised its previous 2025 mortgage forecast, raising its projection for purchase originations while trimming projections for refinances from its January forecast. Its updated forecast, released Feb. 19, put this year’s total origination volume at a projected $2.055 trillion, up slightly from January’s $2.052 trillion forecast. The MBA still forecasts…

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