In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate’s managing director and a top-producing loan officer. “This is a lot different than 2008 where you needed a credit score and a heartbeat to get a mortgage. Now, you need to be ve

Zillow Group and ShowingTime are taking two multiple listing services (MLSs) to court, due to their allegedly anticompetitive behavior.On Friday, Zillow Group and ShowingTime filed a lawsuit in U.S. District Court in Arizona against Arizona Regional MLS and Wisconsin-based Metro MLS. The lawsuit als

The nation’s second largest title insurer, First American, as well as some of its subsidiaries, remain offline as of Wednesday morning in the wake of the title firm’s Dec. 20 cybersecurity incident. The systems outage has derailed closings across the country over the holidays for homebuyers and sell

In the nearly two months since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, Jason Posnick has fielded a lot of questions about commissions and cooperative compensation from clients.“I’ve been on about 11 listing appointmen