1+ week, 5+ day ago   (368+ words) REMAX announced on Sept. 1 that Alex Vidal has joined the brand as president. Vidal brings 29 years of experience to the role, most recently serving as brand president of ERA Real Estate, where he was the first Hispanic president of a…...

1+ week, 6+ day ago   (388+ words) Around 16 months after it was filed, Compass announced today that it has reached an agreement to resolve its antitrust lawsuit against Washington-based Northwest Multiple Listing Service (NWMLS), ending what had been a high-stakes and sharply contested dispute that cut to…...

1+ week, 6+ day ago   (940+ words) Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. FTC reaches a settlement with Zillow and Redfin syndication Nearly a year after the Federal Trade Commission (FTC)…...

2+ week, 4+ day ago   (209+ words) HomeServices of America has announced that Prosperity Home Mortgage, LLC, its wholly owned mortgage company, is adding mortgage servicing to the HomeServices portfolio of services. The company aims to extend the company’s relationship with consumers from the beginning of their…...

2+ week, 6+ day ago   (213+ words) RISMedia Mortgage Giant Fannie Mae Fires Multiple Senior Executives: Reports The eliminated roles included core areas such as multifamily lending, capital markets, finance and regulatory affairs. A dozen or so upper-level Fannie Mae employees were dismissed last week, according to…...

3+ week, 2+ day ago   (1074+ words) At 10 a.m. Eastern Time on Monday, August 24, portal rivals Zillow and Redfin will face a judge in Virginia federal court, and defend against allegations from the FTC that the two companies essentially agreed to a buy-out where Redfin would stop competing…...

3+ week, 2+ day ago   (455+ words) CoStar Group announced the completion of its $800 million acquisition of Zonda—a provider of new home construction data, homebuilder software and residential real estate marketplaces. The deal was first announced back in May. CoStar stated in a release that this…...

3+ week, 4+ day ago   (250+ words) REMAX Fine Properties has announced that Don Matheson, founder of The Matheson Team, has been awarded the REMAX Paramount of Excellence Award. According to a release, the Paramount of Excellence Award recognizes REMAX Realtors® who have devoted 30 years to the…...

3+ week, 4+ day ago   (218+ words) The decrease comes as the average 30-year mortgage rate hit 6.77% last week, elevated but still lower than its recent annual high of 6.81%. The average sits at 6.72% as of this writing. “This divergence suggests a market bifurcated by buyer financial capacity:…...

3+ week, 5+ day ago   (458+ words) Above, from left, Chris Lim, Travis Saxton and Erik Carlson With The Real Brokerage’s acquisition of REMAX now officially approved by the shareholders of both companies, REMAX’s President and Chief Growth Officer Chris Lim departed the company after less than…...