HousingWireHousingWire White-label brokerage Side has accused Official Partners and the Alexander brothers of defaulting on a loan. The brothers say Side manufactured the default. In their first court filing in the case, Official, Oren Alexander and Tal Alexander claim that Side broke the terms on the loan by unilaterally dissociating…
Continue reading →HousingWireHousingWire For more than two years, the title insurance industry has had to exist in what professionals have deemed a ”rather challenging” environment. The issues began in April 2022 when Fannie Mae announced it would accept attorney opinion letters (AOLs) on some mortgages in lieu of a traditional title insurance…
Continue reading →HousingWireHousingWire Ben Carson, the retired neurosurgeon-turned-politician who ran for president in 2016 before becoming President Donald Trump’s U.S. Department of Housing and Urban Development (HUD) secretary, is the frontrunner to lead the agency once again, according to a report published by Politico. Citing sources familiar with the transition, the outlet…
Continue reading →HousingWireHousingWire More than a year after a Missouri jury issued its landmark verdict in the Sitzer/Burnett commission lawsuit, the National Association of Realtors (NAR), HomeServices of America, and all of the MLSs and brokerages that chose to opt into a settlement are hoping to finally get some closure next week….
Continue reading →HousingWireHousingWire As low inventory levels, elevated mortgage rates and rising home prices keep the housing industry stagnant, short-term real estate investors — aka fix-and-flippers — faced market turmoil during the third quarter of 2024. Fix-and-flip lender Kiavi, in partnership with John Burns Research and Consulting, released its Q3 2024 fix-and-flip…
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