Trending News: March 20, 2024

NAR has agreed to pay $418 million in damages to settle the real estate commission lawsuits. We go over the implications and what it means for the real estate industry. And good news, FHA raised lending limits for the Manufactured Home Loan Program.

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Show Notes

NAR settles commission lawsuits for $418 million: The settlement bans NAR from establishing any sort of rules regarding agent commissions. Read more

‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement: The NAR settlement will give LOs a more significant role in the home-buying process and encourage housing pros to pursue dual-licensing, experts said. Read more

FHA increases manufactured home loan limits in affordable housing push: With housing becoming a stated priority for the Biden administration, the loan limits have been increased for the first time since 2008. Read more

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Music by: Gloria Tells from Epidemic Sound

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