HUD Provides Foreclosure Assistance to Flood-Affected Texans
90-day moratorium restricts foreclosures on FHA-insured mortgages in Kerr County's disaster area, providing crucial relief for borrowers facing hardship.
FTC to Compensate Consumers Affected by Home Improvement Financing Firm
FTC to reimburse 960 consumers affected by a home improvement finance firm, providing checks and PayPal payments to impacted individuals.
CFPB Lifts Consent Order Imposed on Fay Servicing
CFPB ends its consent order with Fay Servicing, addressing allegations of illegal foreclosure practices. Implications for private lenders are significant.
Real Estate Weekly Highlights and Lowlights
Explore Missouri's property tax reform, Pope Leo’s childhood home future, and Kim Jong Un’s beachfront resort developments in this week’s real estate overview.
Texas Independent Brokerages Partner with Compass
Vista Real Estate and Halo Group Realty join Compass, enhancing their market presence in Texas with over 100 dedicated agents, expanding service and expertise.
Armando Falcon Discusses FHFA’s Shift Toward Cryptocurrency Mortgages
Armando Falcon, chairman and CEO of Falcon Capital Advisors, discusses the potential for GSEs to responsibly integrate cryptocurrency into the mortgage process.
Joint Venture Plans 243-Unit Rental Community in Denver Suburb
Explore the financing details of a new 243-unit rental community in a Denver suburb, backed by a $57 million construction loan from JPMorgan Chase.
Oregon Establishes Agency to Enhance Housing Production in the State
Oregon aims to enhance housing access and affordability with a new agency focused on boosting housing production, benefiting private lenders in the process.
NWMLS petitions court to dismiss Compass’s antitrust lawsuit.
Compass is accused by NWMLS of leveraging MLS data without contributing listings, raising concerns about fair competition in the real estate market.
Compass to Discontinue Compliance with Clear Cooperation and NAR MLS Policies
In a recent letter, Compass CEO Robert Reffkin expressed that the company views no national rule as "binding" for clients, raising questions about industry standards.