Benchmark shuts down wholesale division Eleven Mortgage, says it will focus on retail

The company announced the wind-down of its wholesale and correspondent channel
Read MoreSometimes leaders have to take the stairs

Small, consistent actions can compound when time is limited by market pressure and day-to-day execution
Read MoreMortgage rates have gone wild, so what’s next for housing?

Rates near 7.5% plus volatility delivered a clear hit to weekly demand
Read MoreCompass asks MLSs to block listing data from recruiting tools

Letter seeks opt-out from non-IDX and VOW vendor feeds, with a 30-day deadline
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NAR sees pent-up demand waiting on lower mortgage rates, better sentiment

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Mortgage rates fell and demand steadied as inventory dipped

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Opendoor says it’s behind schedule but plans to catch up by 2027

Progress Residential to pay $49.8M to settle FTC, state claims over rental practices

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Massachusetts AG issues rule on shared appreciation mortgages, NCLC calls for broader protections

Elizabeth Warren expected to lead Senate banking committee in January

NAR President Kevin Brown warns of outside forces threatening real estate marketplace
