Mississippi has joined Alabama in creating a law that states that buyers agents and brokers are not required to obtain a signed buyer agency agreement prior to touring a property with a prospective buyer. Earlier this month, Mississippi Governor Tate Reeves signed Senate Bill 2713 into law. Under the new law, buyers and sellers may […]
States push back on buyer agreements as new laws challenge NAR rules Read More »
A former US Mortgage Corp. employee has filed a class-action complaint against the company following a data breach that occurred in May 2025, claiming that the incident could have been avoided if not for the company’s negligence. Richard Bernich, who brought the suit individually and on behalf of a proposed class of all individuals in
US Mortgage hit with class-action suit over May 2025 data breach Read More »
KB Home’s fiscal Q1 2026 results showed weaker revenue and margin performance alongside a strategic shift that management asserts will improve predictability and profitability later this year. Quarterly revenue was $1.08 billion, down nearly 23% year over year. The average selling price fell 3% sequentially and nearly 10% from a year ago. Gross margin fell
KB Home pivots to its build-to-order strengths, but not without risk Read More »