HousingWireHousingWire Zillow will begin a “phased rollout” of its listing access standards policy, which bans publicly marketed listings not entered into the MLS, on May 28. In a blog post on Tuesday, Zillow offered agents some clarifications and guidance on its new policy and how it will be implemented. “Publicly…
Continue reading →HousingWireHousingWire ERS Real Estate Group, the residential arm of Omaha, Nebraska-based Elite Real Estate Systems LLP, is making the move to eXp Realty, according to an announcement on Tuesday. Founded by Jeff Cohn and Renee Mueller, the team has 53 agents and closed 575 transaction sides for $170 million in…
Continue reading →HousingWireHousingWire Housing issues for U.S. veterans continue to be a major topic of conversation among housing advocates and lawmakers. Despite Monday’s passage of a bill to establish a partial claim option for veterans, some are still calling for the reinstatement of the Veteran Affairs Servicing Purchase (VASP) program. VASP was…
Continue reading →HousingWireHousingWire Mortgage rates rose in the past week, but even as they remain close to 7%, there’s little evidence to suggest they’ll move much higher and further constraint housing affordability. On Tuesday, 30-year conforming rates averaged 6.93% while 15-year conforming rates averaged 6.76%, according to HousingWire’s Mortgage Rates Center. In…
Continue reading →HousingWireHousingWire The government-sponsored enterprises (GSEs) have been under the conservatorship of the federal government since the 2008 financial crisis, and for some time now many in the mortgage industry have thought this should end. But what is the goal of ending the conservatorships for Fannie Mae and Freddie Mac? GSE…
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