November inflation report fuels optimism for Fed interest rate cut by Jeff Andrews for HousingWire

HousingWireHousingWire The likelihood of a third Federal Reserve rate cut got higher with Wednesday’s Consumer Price Index from the U.S. Bureau of Labor Statistics, which met expectations from economists on inflation. Headline inflation in November rose 2.7% year over year and 0.3% compared to October. Core inflation — which excludes…

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Blend hires Srini Venkatramani to lead product and technology growth by Kennedy Edgerton for HousingWire

HousingWireHousingWire San Francisco-based mortgage software development company Blend Labs announced Tuesday that it’s hiring Srini Venkatramani as head of product, technology and customer operations. Venkatramani joins Blend after the company’s profitable third-quarter 2024 performance. The technology leader brings 23 years of experience, including a recent role as chief product and…

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Opposition to approval of NAR’s settlement continues by Brooklee Han for HousingWire

HousingWireHousingWire The appeals of the final approval of the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement by Judge Stephen R. Bough continue to roll in. On Tuesday, attorneys at Knie & Shealy, the law firm representing the Burton copycat commission lawsuit plaintiffs in South Carolina, filed an appeal with the…

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New NAR commission lawsuit, this time from home reno companies by Brooklee Han for HousingWire

HousingWireHousingWire The National Association of Realtors’ (NAR) commission lawsuit settlement agreement may have received final approval, but it looks like NAR’s commission lawsuit woes are not over. On Tuesday, two Ohio-based companies that specialize in the acquisition, renovation and management of distressed real estate properties in Northeast Ohio, Abandoned Homes…

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