Market News
- Will the negative jobs report hold off a September rate hike? August 7, 2026July payrolls fell 23,000 and revisions cut 103,000, while wage growth slowed to 3.2%, sharpening the Fed’s September decision.Logan Mohtashami
- Trump reportedly renews bid to oust Fed Gov. Lisa Cook August 7, 2026President Donald Trump is moving forward with a renewed attempt to remove Federal Reserve Gov. Lisa Cook over mortgage fraud allegations.HousingWire Automation
- UWM downgraded by Fitch after Q2 loss, Oaktree deal August 7, 2026Fitch Ratings downgraded the long-term issuer default ratings of United Wholesale Mortgage (UWM) to B+ from BB-, citing a sharp increase in leverage driven by second-quarter losses and higher borrowings.Flávia Furlan Nunes, HousingWire Automation
- REMAX, Keller Williams win final approval of Batton 1 settlement August 7, 2026Judge Hunt granted final approval to REMAX and Keller Williams Batton 1 settlements totaling $28.5 million, claims due Aug. 25, 2026.Brooklee Han
- The off-MLS debate moves to Washington, and agents need a clear script August 7, 2026A House panel reviews private listing networks, while Compass cites 4.6% gains and other studies show off MLS homes sell for less.Darryl Davis