The DOJ filed a letter on Monday objecting to the second amended settlement agreement proposed by the home seller plaintiffs and MLS PIN.
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A decline in mortgage rates since November helped end four months of declines in builder confidence.
NAR President Tracy Kasper vowed that NAR will continue to fight the commission lawsuits during an interview with Kelly Evan of CNBC’s The Exchange.
The 10-year yield and mortgage rates fell after the Fed meeting, which gave us mortgage rates under 7% last week.
Finance of America’s stock has fallen out of compliance with NYSE continued listing standards, but the company will aim to cure the issue.
Regarding more reverse mortgage involvement from MBA, its President and CEO Robert Broeksmit said it’s an area of “increasing focus.”