Judge orders Oregon to pause its homebuyer love-letter ban
A U.S. district judge agreed these letters can lead to discrimination, but said the state law goes too far in restricting free speech
by Daniel Houston Mar 4
Avoid fair housing violations: How to respond to sticky FAQs
When your buyers and sellers ask questions that may potentially violate fair housing, here’s how to answer them honestly and ethically
by Christy Murdock Feb 23
The real estate industry needs an overhaul … and fast
Opinion
Instead of better policy or procedure, we’re adding more agents to the mix, with some often not understanding the ins and outs of contracts. That leads to massive headaches for clients
by Bret Weinstein Feb 22
Bahrain-based firm acquires 2nd largest US appraisal company
Bahrain-based investment firm, Arcapita Group Holdings, is the new owner of Nationwide Property and Appraisal Services, the second-largest independent AMC in the United States
by Matt Carter Feb 3
400 mortgage officers surrender licenses following education probe
Regulators say education provider Real Estate Educational Services helped originators skirt annual continuing education requirements
by Matt Carter Jan 25
Insurers end coverage for thousands of luxury homes in California
State regulator doesn't allow home insurance companies to set rates based on estimated future losses from climate change risks
by Andrea V. Brambila Jan 20
Oregon love letter ban now in full effect — at least for a month
Listing agents in Oregon now have to comply with a new ban on homebuyer love letters in the state. However, a lawsuit by the libertarian Pacific Legal Foundation seeks to undo it
by Daniel Houston Jan 4
Fannie and Freddie must factor in climate change risks: FHFA
Climate change is seen as 'an emerging and increasing threat to US financial stability,' according to guidance issued by the Federal Housing Finance Agency
by Matt Carter Jan 3
Title rep surrenders license over alleged real estate agent perks
The former employer of the California marketing representative, First American Title, agreed to pay $1.185M in fines and costs to settle inducement allegations
by Matt Carter Dec 29
The biggest mortgage, lending and housing finance stories of 2021
The rise of Power Buying, regulatory battles, Fed tapering and big acquisitions rattled lending decisions and homebuyer game plans during a momentous year for the mortgage industry
by Matt Carter Dec 29
New York state makes remote online notarizations permanent
As more states allow RON, California and North Carolina are among notable holdouts
by Andrea V. Brambila Dec 28
The biggest questions and answers about portals ditching crime data
Redfin, Trulia and realtor.com have all vowed to not use crime data going forward. The companies' stands are now prompting a debate in the industry
by Jim Dalrymple II Dec 23
NYC Council quashes bill to end tenant criminal background checks
The New York City Council refused to vote on Fair Chance for Housing Act, which would prevent landlords from denying tenants based on their criminal records. The bill may go back up for a vote in 2022
by Marian McPherson Dec 16
Biden picks Sandra Thompson to lead Fannie and Freddie regulator
Questions about the future of the mortgage giants remain, but lending industry welcomes veteran regulator to lead FHFA
by Matt Carter Dec 14
Real estate in 2021 was weird, wild and always unpredictable
The year saw explosive rivalries, wild stock market performances and plenty of rage
by Jim Dalrymple II Dec 13
The million-dollar question: Do $1M Freddie Mac mortgages conflict with affordable housing mission?
Redwood Trust, which issues 'jumbo' loans that are off limits to Fannie and Freddie, said in a new critique that costlier markets are better served by private lenders
by Matt Carter Dec 8