MBA names Madisyn Rhone as VP of legislative affairs

The Mortgage Bankers Association (MBA) appointed Madisyn Rhone as vice president of legislative affairs, the trade organization announced on Monday. In her new role, Rhone will be responsible for advocating on behalf of MBA’s legislative and policy priorities on Capitol Hill, with a primary focus on Democratic members of the

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PennyMac pays $158M to Black Knight in servicing platform dispute

PennyMac Financial Services has paid $158.4 million to Black Knight Servicing Technologies, concluding a five-year legal battle over allegations of trade secret theft involving two of the biggest companies in the housing industry.  An arbitrator issued the final award on Jan. 12, reducing Black Knight’s monetary damages from $155.2 million plus interest, granted as

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Video marketing platform Roomvu launches in the U.S. 

Roomvu, a Canadian-based video marketing platform for residential real estate agents, is partnering with Leading Real Estate Companies of the World (LeadingRE) and Realty One to mark Roomvu’s expansion into the U.S. market. Backed by venture fund Second Century Ventures, Roomvu has been recognized as one of Canada’s 20 most

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Homebuilder confidence improves for the fourth straight month

Strong demand, coupled with a lack of existing housing inventory and comparatively lower mortgage rates continue to drive buyers to new home construction, Homebuilder confidence continued its upward trajectory for the fourth straight month in March as builders await future rate cuts by the Federal Reserve. The National Association of

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Real estate agents continue to change brokerages: Relitix

Relitix’s Agent Movement Index continues to rise on a seasonally adjusted basis as real estate agents continue the trend of switching brokerages at a faster rate than 2023. Additionally, the drop in active agent count, representing those agents with a closing in the last 12 months, has been halted. This

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Opinion: Aren’t real estate agents entrepreneurs?

Generally, people respect entrepreneurs. The show “Shark Tank” takes this notion to a new level as the entire program — successful season after season — glorifies entrepreneurialism and equates it with “The American Dream.” The secular success of Silicon Valley and the enshrinement of venture capital in the edifice of America (and

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