Opposition to the NAR settlement agreement continues to roll in by Brooklee Han for HousingWire

HousingWireHousingWire One week after it was granted final approval, the National Association of Realtors’ (NAR) commission lawsuit settlement agreement is facing more challenges. On Monday, settlement objector and University of Buffalo law professor Tanya Monestier filed a motion to intervene in the Sitzer/Burnett suit. And Monty March, the lead plaintiff in…

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CFPB proposes restrictions on sales of consumer information by data brokers by Flávia Furlan Nunes for HousingWire

HousingWireHousingWire In one of its final regulatory efforts under the Biden administration, the Consumer Financial Protection Bureau (CFPB) proposed a new rule on Tuesday that aims to protect consumer financial data from misuse by limiting its sale by data brokers. The proposal has drawn criticism from industry trade groups concerned…

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Cardinal Financial issues first mortgage-backed security using FICO 10 T by Sarah Wolak for HousingWire

HousingWireHousingWire Global analytics software leader FICO on Tuesday announced the launch of the first-ever government-issued mortgage-backed security (MBS) with loans originated using FICO Score 10 T. The MBS pool was issued by Cardinal Financial and included loans from the U.S. Department of Veterans Affairs (VA). FICO Score 10 T utilizes…

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Driving Innovation: How Tech100 honoree CLARIFIRE is shaping the future of mortgage tech by Lesley Collins for HousingWire

HousingWireHousingWire The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s 2025 Tech100 Award are open now through December 16, 2024. Click here to nominate a tech organization. As the mortgage world continues to see rapid tech advancements, staying ahead of the…

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The risks of 1099 contractors in property management by Riley Driggs, Amy Williams for HousingWire

HousingWireHousingWire Multifamily property managers and owner managers face countless challenges and complexities day in and out. From resident relations and legal compliance to property takeover, both established and new property management company executives can quickly become overwhelmed handling all the moving parts required to run the company.  One of the…

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