Compass adds top-performing team in Dallas-Fort Worth

Compass CEO Robert Reffkin promised on the company’s most recent earnings call to expand market share in its top 30 markets — and the brokerage made a big move in that direction. Faisal Halum Group, a small team in Dallas, has joined Compass and adds a high-performing team to a…

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Office vacancies rise. Can housing fill the void?

Tracy Kozak, principal, ARCove Architects Office space vacancy in New Hampshire has been on the increase for the last several years. At the end of the second quarter in June, the vacancy rate stood at 13.5%, an increase of 2.4% over the same time frame in 2023, according to a…

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NRMLA, MBA submit HMBS 2.0 comments to Ginnie Mae

The National Reverse Mortgage Lenders Association (NRMLA) and the Mortgage Bankers Association (MBA) have submitted a joint letter to Ginnie Mae acting president Sam Valverde, offering their thoughts and perspectives on the government-owned company’s proposed supplemental Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program. That program, referred to by industry…

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Seller impersonation fraud is on the rise: NDP Analytics

Seller impersonation fraud is on the rise. A study conducted by NDP Analytics found that 28% of title companies experienced at least one seller impersonation fraud attempt in 2023, and in April 2024 alone, 19% of firms experienced at least one of these attempts. The study, which was released on…

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