The DOJ wanted to prevent steering in real estate.
So now buyers will have to negotiate a commission with each potential home they want to see on the front end before viewing.
Which will lead to agents not showing homes where the seller isn't offering to pay the buy-side commission.
Which is.....STEERING.
I mean, you CANNOT make this sh*t up.
@RocketProTPO Our top loan officer says this and the rate lock feature are the exact right competitive tools we’ve been missing to compete in this new lending climate. Thank you!!
"They're not making that $60k number. So the confluence of events to peg [first-time homebuyer's assistance] to one standard locks people in an urban market like Miami out of buying into this market.” https://t.co/YL6Z7BxFMt
Nearly 90% of housing assistance still hasn't been distributed and federal unemployment benefits go away for the other half of the county next week.
Brace yourselves.
@morningsidemtg They can only delay foreclosures for so long when people can't pay. Without unemployment or housing assistance, there will be a huge problem.
Honored to share that my company @morningsidemtg is a ninth year partner with @RocketMortgage and listed in their directory as seen in the #SuperBowlLV broadcast tonight.
From Aventura to Florida City, Miami Gardens to Key Biscayne, and all parts in between, we hope everyone in #OurCounty is raising a cafecito cup today for #305Day. Our diversity and local flavor truly make our community one of a kind. #dale
As an independent broker, we will NEVER work with an anti-competitive company like @UWMlending.
Not today.
Not tomorrow.
Not ever. https://t.co/NpVpFdnn5e
In seventeen years as a mortgage broker, I have only seen this kind of thing in the movies. It's like Crazy Eddie meets Jordan Belfort at the end of a bender. Makes me very glad that my firm works with @RocketProTPO and never signed up to work with UWM with this crazy power play.
🗣Join our team!
👋🏽 We’re looking for creative & dedicated college students to be a #TeamTaddeo Fellow this spring!
This virtual fellowship requires only 8 hrs/week & offers 3 tracks to choose from: communications, policy, or community.
Apply here👉🏽 https://t.co/GWQ8pPYljT