by Michael Parent | May 4, 2021 | Uncategorized
The 100-years-war over real estate commissions The battle raging now is rooted in the National Association of Realtors’ 108-year-old rule. Read Part 1 ➡️ Are U.S. real estate commissions illegal? The Justice Department and private lawyers are zeroing in on real...
by Michael Parent | Apr 28, 2021 | Uncategorized
United Wholesale Mortgage (UWM) is facing a class action lawsuit over the ultimatum they gave their mortgage brokers regarding Rocket Pro TPO and Fairway Mortgage. We’ll see where that goes. And it looks like the $15k tax credit for FTHB’s is on it’s way to being a...
by Michael Parent | Apr 28, 2021 | Uncategorized
Today the CFPB officially delayed compliance with the QM rule until October 2022. The bureau released its proposed rule-making on the matter on March 4, then offered a very short comment period. Despite some serious industry push-back during the comment period, the...