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North Carolina Regional MLS is buzzing with its rebrand to Hive MLS

Housing Wire

NCRMLS — a wholesale cooperative MLS founded in 2016 — has announced its plans to rebrand to Hive MLS in conjunction with Hive Solutions. Users now have access to upgraded listing accuracy, better transaction efficiency, training programs for agents and community tools. Our new name represents a spirit of community and growth.

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Wells Fargo pays $96M to settle LO comp lawsuit

Housing Wire

Wells Fargo “failed to pay plaintiff and class members for all hours worked, including but not limited to, mandatory meetings, loan processing, training and coaching sessions, loan tracking, customer surveys, attending open houses, attending events and galas, and working on certain nights or weekends,” Kang’s complaint, filed in 2017, said.

Legal 488
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Steve Harney, founder of Keeping Current Matters, has died

Housing Wire

He became a top-producing real estate agent in the area and in 1991 became the manager of the largest office for Prudential Long Island Realty , training agents throughout the East Coast markets. In 2016, Harney sold KCM to his son and daughter-in-law, Bill and Charlotte Harney, although he remained active as a founder.

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Real Brokerage expands in 13 states with addition of 40-agent team

Housing Wire

RealD2D is led by agent and coach Duane Richins, who brought a unique background to his real estate career that began in 2016. Having knocked on over 100,000 doors and trained numerous rookies of the year, Duane is unmatched in building client relationships through direct engagement,” Real President Sharran Srivatsaa said in a statement.

Brokerage 397
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What’s new in QC and Compliance

Housing Wire

In fact, the critical defect rate for the fourth quarter of 2023 was 1.53%, which ranks amongst the lowest rates we’ve observed since the report’s inception in 2016. From our clients’ perspective, many felt that the writing was on the wall, so to speak, in terms of Fannie Mae’s expectations.

Lending 447
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Recruiting real estate agents: A complete roadmap for 2024

Housing Wire

The data are sobering: The Agent Movement Index , the number of experienced Realtors switching brokerages each month, was at its lowest level since 2016. Newly licensed agents: 25% Newly licensed agents will require extensive training and coaching to start generating revenue for your brokerage.

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Most good things change, and most change is good!

Appraisal Buzz

Heck, appraisal modernization was being discussed by FNMA and Freddie Mac in 2016! Moves to modernize The most recent efforts to “modernize” the appraisal process was highlighted significantly due to the years of the pandemic when appraisal turn times and fees reached all-time highs. Some of these have been around for many years.