HousingWireHousingWire “The standard of living of the average American has to decline,” he said. “I don’t think you can escape that.” These were the words of Federal Reserve Chairman Paul Volcker as he testified before Congress in October 1979. Inflation was 13%. Volcker’s predecessors, Arthur Burns and William Miller, had …
Continue reading →HousingWireHousingWire The National Association of Realtors (NAR) announced Wednesday that it has appointed Jarrod Grasso as its senior vice president of industry relations, a new position created to engage with state and local Realtor associations, in addition to individual Realtors. NAR’s reputation has been under attack over the last few…
Continue reading →HousingWireHousingWire Tal and Oren Alexander are staying in jail. Along with Oren’s twin brother Alon, the two former luxury real estate brokers were denied bond Wednesday on the federal sex trafficking case against them. The three brothers allegedly engaged in a scheme to systematically drug and rape dozens of women…
Continue reading →HousingWireHousingWire Mutual of Omaha Mortgage, which rose to the No. 1 position on the reverse mortgage industry leaderboard for Home Equity Conversion Mortgage (HECM) endorsements in 2024, has responded to a September legal complaint by competitor Longbridge Financial. Mutual is denying allegations that it misled potential customers and is demanding…
Continue reading →HousingWireHousingWire It may be a new year, but Howard Hanna Real Estate Services is picking up right where it left off. On Wednesday, the family-owned brokerage announced its acquisition of Ohio-based Home Experts Realty. Founded in 2011, Home Experts Realty has grown to nearly 400 agents. The financial terms of…
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