NAR’s decision on what to do about Clear Cooperation? Nothing — for now

The National Association of Realtors (NAR) came to a decision at a meeting last week on what to do about its Clear Cooperation Policy (CCP). That decision is to not make a decision — at least for now. The anti-climactic non-ruling was reached on Friday after the trade group’s MLS technology and emer

LoanSnap troubles continue as California revokes its lender license

A California regulator has revoked the residential mortgage lending license of LoanSnap, the latest in a series of difficulties for the fintech lender. According to a filing from the California Department of Financial Protection and Innovation dated Oct. 18, LoanSnap had its license revoked after it

Dems and GOP agree: The state of retirement in the U.S. is concerning

Despite rampant political polarization, a majority of people affiliated with the Democratic and Republican parties agree that the state of retirement in the U.S. is concerning. This is according to a recent survey conducted by the National Institute on Retirement Security (NIRS). An overwhelming maj

No undue risk! Freddie Mac’s Sonu Mittal on new buyback remedy, appraisal waiver extensions

When asked whether loan buybacks were a more significant issue last year than now, Freddie Mac executive Sonu Mittal says emphatically, “It depends on who you ask.” Freddie Mac has seen a nearly 55% reduction in repurchase requests from its peak in the first quarter of 2023 and a decline of 20% in a