HousingWire

2 days ago | housingwire.com | Brooklee Han

Defendants in the suit include Rocket, Redfin and Redfin CEO Glenn Kelman. Several members of Redfin’s board of directors are also named, inclued Robert Bass, Julie Bornstein, Kerry D. Chandler, Austin Ligon, Brad Singer, James Slavet, Selina Tobaccowala and chairman of the board David H. Lissy. Morano claims that Rocket, Redfin and its board of directors violated both the federal securities law and Delaware fiduciary duty statutes in negotiating Rocket’s acquisition of Redfin.

2 days ago | housingwire.com | Brooklee Han

“We’re thrilled to add Steve to our deep roster of talent at Anywhere, as his unique skill set and long track record of success represents a perfect fit to take our growth to the next level,” Yannaccone said in a statement. “Our industry itself is ripe with opportunity to increase market share and expand our end-to-end transaction platform to better serve both agents and consumers.

3 days ago | housingwire.com | Flávia Nunes

The task would be difficult in any market. But McNaught faces the added obstacle of a fiercely competitive hiring environment driven by the anticipation of a refinance wave that –truth be told– hasn’t really materialized. As a result, bidding wars are back and putting pressure on compensation packages, which places some companies in a difficult position, industry experts told HousingWire. “I always feel compensation is one of those sticky conversations,” McNaught said in an interview.

5 days ago | housingwire.com | Chris Clow

Older homeowners living on a fixed income have a higher chance of seeing their finances destabilized by rising costs, and that can be particularly true of something like property taxes. For homeowners who have either a forward or reverse mortgage on their home, these costs also must be paid in order to keep the loan in good standing. But some states are embracing programs that allow for property tax refunds if a homeowner meets specific requirements.

5 days ago | housingwire.com | Chris Clow

“The workshop will help participants take the first steps to better understand their existing reverse mortgage agreements and the financial and legal implications tied to disaster-related property damage,” according to an announcement distributed by the Arcadia Chamber of Commerce. The event will take place at the MonteCedro Senior Living Community in Altadena on May 10 Saturday from 10 a.m. to noon local time.