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That big Fed rate cut was no panacea for housing: Fitch analysts

USA Real Estate News-Inman - Thu, 2024-09-19 17:39
Fed easing was already priced into mortgage rates, but there's room for more relief if investors who fund most home loans get less skittish about prepayment risk and quantitative tightening.

Alabama Association of Realtors to NAR: Make membership optional

USA Real Estate News-Inman - Thu, 2024-09-19 16:22
"It is time to allow members the ability to choose where they allocate their membership and dues dollars between the local, state and national levels," Alabama Realtors wrote to NAR on Tuesday.

Place acquires all-inclusive platform Livian

USA Real Estate News-Inman - Thu, 2024-09-19 14:30
The two real estate platforms have been growing on the same trajectory at Keller Williams for more than a decade, their founders said, and during this challenging period in the industry, it made sense to combine forces.

DOJ Negotiates Another Settlement in Bank Redlining Initiative

USA Real Estate News-RISMedia - Thu, 2024-09-19 14:18

The Department of Justice (DOJ) has approved a settlement from OceanFirst Bank in relation to a redlining investigation against them. The Conciliation Agreement was announced Wednesday, Sept. 18 by the Department of Housing and Urban Development (HUD).  OceanFirst Bank—located in Toms River, New Jersey—was alleged to have engaged in redlining by restricting access to credit…

The post DOJ Negotiates Another Settlement in Bank Redlining Initiative appeared first on RISMedia.

Broker Spotlight: Mark Nottingham, @properties

USA Real Estate News-Inman - Thu, 2024-09-19 14:17
Find out how this Indiana broker-owner got his start, what he believes is coming next and why partnering with @properties three years ago "was one of the best business decisions" he and his team ever made.
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