Wells Fargo Faces HUD Probe Over Efforts To Boost Black Homeownership

The Department of Housing and Urban Development is probing Wells Fargo to determine whether its efforts to boost Black homeownership violate fair-housing laws. HUD sent a letter to Wells Fargo CEO Charlie Scharf stating that it would examine whether the mortgage giant violated fair-lending laws with

As Housing Picture Dims, Agents Should Use Local Data to Tell the Right Story: Bright MLS Economist

WASHINGTON, D.C.—Housing has been on a rollercoaster ride in the last two years, and 2027 is shaping up to be more of the same. Even though real estate has certainly seen its down cycles, this time is different, a leading economist told real estate executives last Friday at RISMedia’s 38th Annual CE

Price Cuts Reach September Record as Inventory Nears Pre-Pandemic Levels

Higher mortgage rates are reshaping the fall housing market, pushing more sellers to reduce prices while fewer buyers move forward with a purchase, according to the recently released Realtor.com® September 2026 Monthly Housing Trends Report. The share of active listings with a price reduction rose t

Another MLS Defies Compass, Says Brokerage Privately Endorsed Rules

One day after Compass’s deadline for MLSs to change rules or get sued, another listing service is defying the mega-brokerage, with Texas-based Unlock MLS alleging Compass mischaracterizes its rules—and has also privately praised those same policies before threatening litigation. In a letter from Ell