News

Nation's largest lender reboots 1 percent down loans that cover up to $7,000 of the homebuyer's down payment when financing a purchase backed by Fannie Mae or Freddie Mac.

The coworking behemoth says it is on a path to profitability after spending a year negotiating with landlords to eliminate $4 billion in debt and begin to turn a profit, according to a new report on Tuesday.

Purchase loan applications soared 10 percent last week to the highest level since April, even though rates have been stuck in the high sixes, the Mortgage Bankers Association reported Wednesday.

The duo previously led the Grauman Rosenfeld Group at The Agency and have collectively closed more than $3 billion in career sales. The new firm will be focused on client service, they said.

New York City's broker fee bill went into effect on Wednesday, prohibiting property owners from passing broker fees onto renters. REBNY attempted to block the bill's enforcement but failed.

Fort Wayne, Indiana-based Hallmark Home Mortgage is licensed in 18 states. Company founder and CEO Deborah Sturges is joining Fairway as a division manager.

The new allegation of aggravated sexual abuse by force, threat or intoxicant against Oren and Alon brings the total number of counts against the brothers collectively up to 10.

Inflation remained softer than expected in May, with consumer prices rising only modestly, suggesting that President Donald Trump's latest tariffs have yet to ripple through, the Bureau of Labor Statistics reported Wednesday.

The Trump administration is seeking to cut 90 percent of the CFPB's workforce, and has dismissed about 20 active enforcement cases and moved to vacate or weaken several finalized settlements.

Compliance expert Summer Goralik shares a fictional yearbook of “Real Estate High,” because sometimes the best way to understand the industry is to take it back to homeroom.

A price drop is not your only option when the market's slow or the listing's stale. Darryl Davis offers strategies to reboot and relaunch that property.

Agents can help sellers get the most value for their property by presenting a sleek, appealing home that's optimized every single square foot of space, Clever's Luke Babich writes.

Want to add instant charm and value to a listing or investment property? Try one (or more) of these smart updates from Jonathan Pressman.

Boutique firm Acre & Estate has joined Coldwell Banker Hearthside. The merger extends Coldwell Banker Hearthside's reach from 11 to 14 offices throughout Pennsylvania and New Jersey.

Michelle Ressler was fired earlier this year and replaced with Ravi Jani. She now says company leadership suggested she couldn't be both an effective executive and a mother.

Zillow Rentals has partnered with third-party artificial intelligence company, EliseAI, to power its chatbot for renters and property owners. EliseAI will answer questions, schedule tours and send automatic follow-ups to renters.

Better Homes and Gardens Real Estate is strengthening its footprint in California through the addition of Better Homes and Gardens Real Estate Platinum Realty Group, a boutique brokerage based in Tehachapi, California, the firm announced Monday.

The $3.95 million settlement in the Nosalek case removes the option to display compensation to buyer brokers via the MLS and goes up for final approval in September.