Nonbanks cement their dominance in agency servicer/seller market
New issuance of agency mortgage servicing pools is down sharply — $555 billion through the first six months of 2025 versus $1.1 trillion in the same period last year — and is reflective of a sluggish origination environment. That’s according to Recursion‘s Agency Mortgage Servicer/Seller Report for
Compass opens exclusive listings to rivals — with strings attached
In a surprising move, Compass announced Friday it will open its exclusive inventory to any real estate brokerage or multiple listing service (MLS) — marking a shift for a firm long known for promoting private listing networks.The offer comes with strict conditions: listings must remain unaltered, wi
House Democrats push back on crypto legislation with ‘anti-corruption’ efforts
Congresswoman Maxine Waters (D-Calif.) and Congressman Stephen Lynch (D-Mass.), announced on Friday that next week will be known as “Anti-Crypto Corruption Week.”During this time, they plan to rally Democrats to push back against Republican efforts to fast-track three pieces of legislation related t
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