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The latest University of Michigan Consumer Sentiment Index, released Oct. 9, fell to 46.3 in October, down 1.8 points from September’s reading of 48.1. It was a five-month low, as various negative factors weigh on the minds of Americans. “Consumer sentiment was little changed this month, inching down a scant 1.8 index points from September,”…

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SmartMLS and Property Shield—a real estate fraud detection and prevention company—announced a new partnership that will bring listing fraud detection and removal tools to more than 20,000 real estate professionals across Connecticut. The new service is expected to launch in mid-October. According to a release, the Connecticut-based MLS will integrate Property Shield’s Listing Fraud Protection…

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The Real Brokerage has announced the launch of Real Young Professionals (Real YP), a new division dedicated to connecting and developing the next generation of real estate professionals. According to a release, Shaylie Fraser will serve as director of Real Young Professionals, with Jana Pierce serving as assistant director. Fraser is co-founder of Coastline Real…

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Above, Sue Yannaccone. Photo by AJ Canaria WASHINGTON, D.C.—Compass International Holdings (CIH) COO Sue Yannaccone has been through a pretty big transition. Serving as president and CEO of Anywhere Brands for six years, she is now leading operations for the largest real estate brokerage in the world, as it seeks to reshape the industry on…

The post Sue Yannaccone Says ‘Different Expectations’ After Merger, Tells Brokers to ‘Keep Powder Dry’ appeared first on RISMedia.

Editor’s Note: The Mortgage Mix is RISMedia’s highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. The numbers: Mortgage rates continue to reach new highs each week, quickly climbing in the 7% range and hitting a “nearly three year high,” as noted by Mortgage Bankers Association (MBA) President and CEO Bob…

The post Mortgage Mix: Rates Rise to Mid-7%; Garg Celebrates Win Over Better appeared first on RISMedia.