30 August 2024

Mortgage Mix: Fed Rate Cut Closes in as CFPB Fines New Day Financial

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. – A Federal Reserve interest rate cut is looking more and more imminent with this month’s Personal Consumption Expenditures (PCE) price index data. The PCE index increased 0.2% from the previous month, and core-inflation rose… The post Mortgage Mix:...

Happening Tomorrow: RISMedia Will Kick Off Its 36th Annual CEO & Leadership Exchange

Real estate professionals know that attending educational and networking events in-person is one of the best ways to improve and invest in their business by getting actionable takeaways and insights directly from their respected and revered industry leaders.  In a post-NAR-mandate world, the importance of learning from brokerage executives and industry experts who are guiding… The post Happening...

D.C. Attorney General Uncovers Title Insurance Kickback Scheme

An investigation from the District of Columbia Office of the Attorney General has uncovered the use of an illegal kickbacks scheme involving real estate agents across several title insurance companies. Allied Title & Escrow, LLC (Allied), KVS Title, LLC (KVS), Modern Settlements, LLC (Modern) and Union Settlements, LLC (Union) were found to be involved.  “District… The post D.C. Attorney General...

Meet the Northeast Region Real Estate 2024 Rookie of the Year Finalists

Above, from left, Liam Coonahan, George Gatt, Jessica Paulucci, David Super and Tracy Wiley. RISMedia recently announced the Top 25 regional Rookie of the Year finalists for 2024. The third annual Rookie of the Year program, sponsored by Colibri Real Estate, is designed to honor real estate agents who are new to the business, yet… The post Meet the Northeast Region Real Estate 2024 Rookie of the Year...

Deadline Extended for RISMedia’s 2025 Real Estate Newsmakers Nominations

RISMedia has extended the deadline to nominate a 2024 Real Estate Newsmaker to September 15, 2024 at 11:59 p.m. EST. This means that you still have two weeks left to acknowledge and applaud your colleagues and peers for their achievements and contributions this year. RISMedia’s 2025 Newsmakers will be spotlighted in Real Estate magazine early… The post Deadline Extended for RISMedia’s 2025 Real...

COURT REPORT: Realtor.com Requests Injunction Against CoStar; NAR/DOJ Dispute Escalates

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Summer is coming to a close, and with some major deadlines looming in a few of the larger cases facing real estate, courthouses have remained relatively quiet these past few weeks. But one… The post COURT REPORT: Realtor.com Requests Injunction...

More Inflation Data Supports Rate Cuts, but ‘Alarm Bells’ Over Timing

The Federal Reserve’s preferred measure of inflation showed an annual gain of 2.5% in July, within striking distance of the central bank’s long-term mandate of 2%, putting the country firmly on track for a series of rate cuts—likely starting next month. The Personal Consumption Expenditures (PCE) price index increased 0.2% from the previous month, and… The post More Inflation Data Supports Rate...

The September Issue of Real Estate Magazine Is Now Live

The September issue of RISMedia’s Real Estate magazine is now available, and not to be missed are several exclusive features, including an in-depth look at Inside Real Estate’s new path to innovate in real estate technology: BoldTrail. In addition, we look at the CFA’s recently released consumer guidance, the latest RISMedia Broker Confidence Index, and… The post The September Issue of Real Estate...

Consumer Sentiment Rises for the First Time in Five Months

After five consecutive months of declines, consumer sentiment reversed course this month, rising alongside some positive economic signs of lowered inflation and an all-but-guaranteed rate cut by the Fed in September.  According to the University of Michigan’s latest report published Friday, consumer sentiment rose 1.5 index points in August to 67.9, up from a 66.4… The post Consumer Sentiment Rises...

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