jeffhickey6
- Mar 25, 2020
- 1 min read

FHFA Directs Fannie and Freddie to Allow Appraisal Alternatives

On March 23, 2020, the Federal Housing Finance Agency Fannie Mae and Freddie Mac to allow the use of appraisal alternatives to reduce the need for appraisers to conduct interior property inspections for eligible mortgages through May 17, 2020.

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Offerpad confirms it will no longer be making new offers as an iBuyer.

Offerpad confirmed to Inman Monday that it will no longer be making new offers on homes to purchase, following on the heels of Redfin, Opendoor and Zillow, effectively putting an end to the purchasing

Realogy is the latest company to suspend iBuyer program.

Realogy is the latest company to suspend making all-cash offers to prospective sellers through its iBuyer program RealSure, the company confirmed Tuesday to Inman after The Real Deal reported the news

Compass announces lay-off of 15% of its staff

Citing a coming “economic standstill” caused by the COVID-19 pandemic, Compass CEO Robert Reffkin announced Monday that his company had laid off 15 percent of its staff and taken other cost-cutting me