A group of graduation caps listening to a commencement
A number of real estate development executives were among nearly 50 people charged in a scheme that included cheating on entrance exams and fake athlete profiles
by Patrick Kearns Mar 12
Hurricane Harvey flooding in Port Arthur, TX
The plan comes as officials struggle to reform the federal flood insurance program, which is deeply in debt
by Jim Dalrymple II Mar 12
Gay rights activists
The Equality Act is expected to be introduced next week, for the third consecutive congressional session
by Patrick Kearns Mar 8
Bankrate successor to pay $28M in fines for fraud scheme
Two former executives of the financial services company have been sentenced to jail time for their roles in the scheme
by Patrick Kearns Mar 7
A man handing a stack of $100 bills to an unseen person
Often, fines don’t result from a lack of knowledge but rather a dearth of reasonable care when complacency makes way for negligence
by Albert Anderson Mar 3
NYC Council aims to limit rental broker fees, security deposits
One of the bills introduced in the city would limit the amount that could be charged to an individual upfront to rent an apartment
by Patrick Kearns Feb 13
Court upholds dismissal in Zestimate lawsuit
The U.S. Court of Appeals affirmed a May decision to dismiss a lawsuit over the home valuation tool
by Patrick Kearns Feb 11
PHH to pay $750k over military service member foreclosures
The settlement ends a federal lawsuit accusing the mortgage company of illegally foreclosing on 6 homes
by Patrick Kearns Feb 7
President Trump Speaks On Border Security And The Government Shutdown
President Trump announced the government will reopen for at least 3 weeks, but is that enough time to close stalled transactions?
by Patrick Kearns Jan 25
A man flying a drone
Proposed federal rules, while controversial to some critics, would allow drones to be flown at night and over crowds
by Andrea V. Brambila Jan 23
Microsoft is putting up $500M to help affordability crisis in Seattle
The tech giant is using the money to provide low- and market-rate loans and grants
by Patrick Kearns Jan 17
Money hands
The Consumer Financial Protection Bureau (CFPB) is raising fines across the board for violations of the Real Estate Settlement Procedures Act, which prevents kickbacks between brokers and lenders
by Patrick Kearns Jan 16
NYC mayor sues Manhattan brokerage over allegedly illegal short-term rentals
Metropolitan Property Group is accused of converting units in buildings it owned or managed into illegal short-term rentals
by Patrick Kearns Jan 15
Flood insurance freeze halts thousands of US home sales
NAR estimates 40,000 home sales per month are in trouble as FEMA freezes NFIP during the government shutdown
by Patrick Kearns Dec 28
How the government shutdown is impacting homebuyers
Realtors and loan originators offer advice on navigating the shutdown
by Patrick Kearns Dec 28
Fed raises interest rate for the fourth time in 2018
Interest rates are now at their highest levels since 2008
by Jim Dalrymple II Dec 19