Fannie, Freddie to adopt new underwriting standards for qualified mortgages on July 1
Mortgage Bankers Association says lenders have been gearing up for changes, and new standards will actually increase access to credit
by Matt Carter Apr 13
18 real estate agents from New York at risk of losing license
The New York Department of State has launched 132 investigations into housing bias, which include allegations from Newsday's 'Long Island Divided' report
by Marian McPherson Apr 12
HUD sends $690M to states for affordable housing
The Housing Trust Fund is funded by a fee on Fannie Mae and Freddie Mac and devoted to affordable housing for low- and extremely low-income households
CFPB
But Fannie Mae and Freddie Mac continue to extend options to avoid in-person appraisals
by Kelsey Ramírez Apr 2
CDC extends national eviction moratorium to June 30
The Centers for Disease Control and Prevention said the extension is in the best interest of the public's health as coronavirus cases are on the uptick
by Marian McPherson Mar 29
The problem with antitrust litigation as a real estate business strategy
Opinion
In the real estate industry, antitrust lawsuits have become more prevalent in the past few years, but perhaps it's time for litigious parties to take a step back and refocus their energies on sellers and buyers, instead of competitors
by Bob Mathew Mar 18
IRS pushes tax filing deadline back to May 17
The extension comes on the heels of the stimulus bill that could change the way many individuals are filing taxes this year
by Patrick Kearns Mar 17
Consumer groups support REX suit against anti-rebate law
The Consumer Federation of America and the Oregon State Public Interest Research Group argue that prohibiting rebates to buyers and sellers stifles commission competition and harms consumers
by Andrea V. Brambila Mar 16
Marcia Fudge sworn in as HUD secretary with a fair housing focus
NAR looks forward to working with Fudge 'to address racial disparities in real estate and our nation’s persistent housing affordability crisis'
by Andrea V. Brambila Mar 10
A hand moving beads on an abacus
Lender will pay the Chicago homeowner $50K and provide mandatory training to its employees on fair lending and appraisals
by Andrea V. Brambila Mar 10
21st Century ROAD to Housing Act
More direct checks, rental assistance and expanded unemployment are all included in the massive $1.9 trillion relief package
by Patrick Kearns Mar 10
Nearly half of real estate regulatory agency websites ignore consumers
41% of state real estate regulatory agency websites present 'poor' information to homebuyers and sellers while devoting themselves entirely to real estate professionals, according to a new report by the Consumer Federation of America
by Andrea V. Brambila Feb 24
A photo of a pencil and eraser
The Seattle-based brokerage offers homeowners instructions to remove racial restrictions from property deeds
by Andrea V. Brambila Feb 17
HUD's new fair housing guidance is 'a Band-Aid' for LGBTQ+ community
LGBTQ+ Real Estate Alliance CEO Ryan Weyandt said HUD's policy change is the right move, but the Equality Act is the key to long-lasting protection
by Marian McPherson Feb 17
Court grants stay in lawsuit over Trump-era fair housing rule
Biden executive order directs HUD to review the effects of its repeal of the 2015 Affirmatively Furthering Fair Housing rule and weakening of the 'disparate impact' standard
by Andrea V. Brambila Feb 16
Coldwell Banker fends off agent cold call suit, but another springs up
The plaintiff alleges that 'repeated, unwanted calls' from the real estate franchisor violated his privacy and took time away from other activities