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Former Fannie Mae CEO Hugh Frater joins Better board

Better Home & Finance Holding Co. announced Wednesday that it has appointed Hugh Frater, a founding partner of BlackRock and former CEO of Fannie Mae, to its board of directors as the company leans further into its Tinman AI mortgage platform. Frater, whose role became effective March 23, brings experience spanning mortgage-backed securities (MBS), agency […]

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States push back on buyer agreements as new laws challenge NAR rules

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

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US Mortgage hit with class-action suit over May 2025 data breach

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

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