CFPB alerts consumers on home equity contracts and reverse mortgage features.
CFPB's latest spotlight examines home equity investments (HEIs), highlighting how they provide lump sum payments in exchange for equity stakes in homes.
California AG Files Price Gouging Charges Against Real Estate Agent After Fires
Criminal charges have been filed against agent Mike Kobeissi for alleged price gouging against a couple affected by the Eaton fire, raising ethical concerns.
Preliminary Settlement Approval Hearing Scheduled for MLS PIN
Judge Patti B. Saris signals a shift in the Nosalek commission lawsuit, emphasizing the need for resolution after extensive deliberations.
Steve Murray examines changes in M&A and brokerage team structures.
In this episode, Tracey Velt and Steve Murray delve into mergers, team brokerage models, commission trends, and new growth avenues for agents and brokers.
New York State Experiences Record-Low Housing Inventory Levels
Housing inventory in New York has declined, raising concerns for buyers and opportunities for lenders amidst a tightening market. Explore this trend further.
Vermont Must Build 7,000 Homes Annually to Meet Housing Demand
Vermont's aging housing stock highlights a pressing need for 7,000 new homes annually to meet rising demand and support market stability for lenders.
Connecticut Reviews Statewide Landlord Registry and Rent Cap Proposals
Connecticut sees an 8.2% rise in home prices, prompting discussions on a statewide landlord register and potential rent caps during property transfers.
Lone Wolf announces rebranding and launch of Proptech Advisory Board.
Lone Wolf's rebrand introduces a Proptech Advisory Board featuring 28 leaders from the real estate sector, enhancing insights and innovation for private lenders.
NAR and News Corp. Request Dismissal of Bandy Lawsuit
NAR and News Corp, including subsidiaries like Move and OpCity, seek dismissal of the Bandy fraud lawsuit, highlighting ongoing regulatory challenges in real estate.
New Home Sales Reach Highest Point Since 2021
New home sales increased to an annual rate of 698,000, reflecting a 6.7% year-over-year growth and a 3.6% rise from the previous month, signaling market strength.