Spam call lawsuits continue to plague brokers and lenders as litigants have filed yet another wave of the class action cases against the industry. Processing Content Consumers in the past two months have filed 11 Telephone Consumer Protection Act complaints against mortgage firms, according to federal court records. While the latest defendants include large players […]
Mortgage TCPA lawsuits surge with 11 new cases Read More »
The Council of Multiple Listing Services (CMLS) has asked federal antitrust regulators to explicitly recognize multiple listing services (MLSs) as pro-competitive collaborations as the government updates guidance on how competitors can work together. In a May 26 comment letter to the U.S. Department of Justice (DOJ)’s Antitrust Division and the Federal Trade Commission (FTC), CMLS
CMLS urges antitrust regulators to back MLS collaboration Read More »
New data from the U.S. Census Bureau indicates that new home sales fell well short of economists’ and investors’ expectations in April, amid a challenging spring selling season marked by elevated mortgage rates, persistent inflation and broader economic and geopolitical uncertainty. Sales of newly built single-family homes fell to a seasonally adjusted annual rate of
New home sales stumble in April, as affordability pressures mount Read More »