Robert Redford Sells Coastal Cottage Above $4.1 Million Asking Price in Just 3 Weeks—as He Quits California Amid Retirement

Getty ImagesLegendary actor Robert Redford has started his holiday week in a lucrative fashion after selling off his coastal California cottage for $4.65 million—a half-million above his asking price.According to the Wall Street Journal, the property has been snapped up by Cricket Wardein, the owner

Mortgage groups gear up to get trigger leads bill passed in 2025

The trigger leads bill has become a 2025 priority for the mortgage industry after failing to pass the House of Representatives last week, despite Senate approval. Mortgage trade groups, however, remain optimistic about the bill’s prospects in the 119th Congress.“It would still have to get through th

CFPB sues Rocket, The Jason Mitchell Group over RESPA violations

The Consumer Financial Protection Bureau (CFPB) filed a lawsuit Monday accusing Rocket Homes of orchestrating a kickback scheme to funnel business to its sister companies, Rocket Mortgage and Amrock. The Jason Mitchell Group is also implicated in the alleged violations of the Real Estate Settlement

The homebuilders’ 2025 supply and demand problem

New home sales grew over last month in the latest Census report, but homebuilders are now facing a supply issue — their inventory is building up. This is the reason why housing starts are at recession levels today. Monthly new home sales have been stagnant for the past two years. When mortgage rates