Weekly pending home sales back to year-over-year growth as we head into spring

Weekly pending home sales, which had shown year-over-year growth up until the late-January snowstorm, got back on track with year-over-year growth again last week. One thing to remember about our weekly pending sales data: it takes about 30-60 days to be reflected in the existing home sales data, so not only did the snowstorm delay people from listing their homes and looking at other homes, but some...

Which Pro Should You Hire for Your Project? (11 photos)

Architect, contractor, interior designer, landscape designer — who’s the right home professional for your project? Whether you’re remodeling, building, decorating or landscaping, this guide is a good place to start to find out. Browse this list of 11 home professional types to learn more about what...

Trade groups push for lower MSR capital charges, tailored mortgage risk weights

Eight trade groups representing lenders are urging federal regulators to revise bank capital rules by adopting a more tailored risk weight for mortgages held on balance sheets and by significantly cutting the capital charge applied to mortgage servicing rights (MSRs). In a letter sent Friday to the Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency,...

Zillow seeks dismissal of consolidated RESPA lawsuit in Seattle

Zillow is seeking to have the consolidated Taylor-Armstrong Real Estate Settlement Procedures Act (RESPA) lawsuit dismissed.  The real estate giant filed its motion to dismiss in U.S. District Court in Seattle on Friday. The lawsuit, which was consolidated in early December, began in mid-September, when plaintiff Alucard Taylor filed his initial complaint. Taylor alleged that the portal tricks...

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