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Real estate brokerage Radius unveils mortgage-lending arm

Housing Wire

Tech-focused real estate brokerage Radius , flush with $14 million in venture capital raised this past April, has launched a mortgage lending arm in California that it plans to roll out to additional markets sometime next year. Presented by: Axis Technical Group.

Brokerage 396
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Opinion: Real estate brokers are still buying and selling firms

Housing Wire

Rather than a multi-year average of EBITDA or Gross Margin as the basis for the value of a brokerage firm (or their related counterparts in mortgage, title, escrow, and property management), valuations now are based Trailing Twelve Months (TTM or LTM) results. Earn Outs continue to run for a minimum of two years to a maximum of five years.

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Moehrl commission lawsuit defendants file motion for summary judgement

Housing Wire

had no involvement in the issuance and or enforcement of NAR rules and that it did not impose those rules, including the Cooperative Compensation Rule, upon its franchisee brokerages or their affiliated independent contractor agents,” attorneys for Keller Williams wrote in the motion that both NAR and HomeServices joined.

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Are you prepping for worst-case commission lawsuit outcomes?

Housing Wire

With the scrutiny of The Department of Justice and the Federal Trade Commission and multiple lawsuits concerning how buyers’ brokers get paid, many brokers say it feels like an all-out war on the real estate industry. billion in commissions they paid to buyers’ agents in the past eight years. Judge Stephen R. Bough of U.S.

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This growing IMB aims to capture leads through its proprietary tech, not agent referrals

Housing Wire

To get there, Cliffco, which has been in business since 1987, is going after the non-qualified mortgage ( non-QM ) market and investing in tech to get in front of buyers and non-agent referral partners. Non-QM ripe for the taking Faced with a lack of inventory across the country, lenders have been exploring ways to create new buyers.

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Anywhere and RE/MAX settlements: ‘The industry should breathe a sigh of relief’

Housing Wire

After roughly a month of speculation, Anywhere Real Estate and RE/MAX made the terms of their proposed settlement agreements in the Moehrl and Sitzer/Burnett buyer broker compensation class action suits public on Friday. In addition to the already publicized $83.5 In the Sept. The $55 million is… laughably small.

Agents 370
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Once at the fringes of housing finance, home equity investment companies look to grow their stake

Housing Wire

The market, however, is expected to grow as HEI companies seek to partner with mortgage lenders and real estate brokerages. DBRS Morningstar’s rating of the $224 million securitization opened up new types of bond buyers that have inherently lower costs of capital, Saluda Grade CEO Ryan Craft said.

Finance 391