Jesse Williams

Jesse Williams is content director for RISMedia Premier.

Posts by Jesse Williams

Mortgage

Mortgage Mix: ‘Trigger Leads’ Bill Advances; Fed Projects Fewer Cuts

Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday. -The Senate last week passed a bill that would ban so-called “trigger leads” in the mortgage industry, with the legislation receiving widespread support from the industry. Trigger leads, which allow consumer information to be sold…

Affordability

Affordability Dips, With Qualifying Income Back Above $100,000

Housing affordability worsened slightly in October, according to the latest National Association of REALTORS®’ (NAR) Housing Affordability Index, and the qualifying income to afford a median-priced home rose above $100,000 again after briefly dipping below that benchmark. After the index fell sharply during the summer as mortgage rates climbed above 7% and home prices continued…

DOJ

DOJ Defends Investigation to Supreme Court, Says NAR Petition Lacks Merit

The Department of Justice (DOJ) Antitrust Division appears committed to pushing forward with a long-running investigation into National Association of REALTORS®’ (NAR) policies, despite the looming transition to a new presidential administration, continuing to defend its inquiry all the way to the Supreme Court. After sending a lawyer to speak at the final court hearing…

NAR, the Media and Republican Politics—What Is the APOA, and Why Is It Controversial?

Does the National Association of REALTORS® (NAR) secretly support conservative causes unrelated to housing? That is the question put forth in a recent New York Times article, which highlighted a relatively obscure entity created by NAR that has paid grants (totalling almost $14 million) to various non-housing advocacy groups, including some that oppose abortion rights…

DOJ

DOJ Ends Criminal Investigation Into Algorithmic Price-Fixing in Rental Markets

RealPage, a software and property management company which uses algorithms and data sharing to recommend pricing to landlords, claimed that a Department of Justice (DOJ) antitrust inquiry that focused broadly on algorithmic pricing practices in real estate has been closed, though it was not immediately clear how this would affect separate civil lawsuits against RealPage…

Brokers

‘Active’ Agents Decreasing, but Brokers Looking Past NAR Settlement

Real estate brokers are seeing an exodus of active agents in their markets—though whether this is a response to recent policy changes or just a seasonal fluctuation is currently unclear. According to RISMedia’s latest Broker Confidence Index (BCI) survey, a huge majority of brokers—90%—observed a decrease in the number of agents who are actually present…