Federal Housing Finance Agency (FHFA) Director Bill Pulte is again targeting New York Attorney General Letitia James, this time filing criminal referrals with the U.S. Department of Justice (DOJ) over alleged insurance fraud. The referrals were sent to two U.S. attorneys — Jason Reding Quinones of the Southern District of Florida and Andrew Boutros of […]
Bill Pulte targets Letitia James with new criminal referrals Read More »
Fannie Mae and Freddie Mac last week enacted updates to condominium project standards and property insurance rules for one- to four-unit properties and larger developments, aiming to lower costs for homeowners. The moves have been met with mixed opinions from mortgage professionals. The updates, which Fannie Mae and Freddie Mac announced on March 18, allow greater leeway
The GSEs updated their rules for condo loans. Will they be helpful or harmful? Read More »
For the past decade, Dallas-Fort Worth’s housing story has been written in bold letters along the U.S. 75 corridor – Frisco, McKinney, Plano and every patch of land north of there that could support a rooftop and a Starbucks. The northeast corner became a symbol of Texas growth: prices soared, commutes stretched and master-planned communities
Fort Worth growth resets the Dallas-Fort Worth housing map Read More »
With the Social Security trust fund less than seven years from insolvency — at which point a 24% across-the-board benefit cut could be triggered — a new proposal suggests capping annual payouts for the nation’s wealthiest retirees. A white paper released by the Committee for a Responsible Federal Budget advocates for a “six-figure limit” that
‘Six-figure limit’ aims to halt Social Security trust fund insolvency Read More »
Five major deals in five days. That’s what happened last week in real estate, and I don’t think anyone has fully processed what just happened. Zillow Preview signed almost 30 brokerages. eXp signed deals with Realtor.com, Homes.com and ComeHome.com. Compass already had its Redfin partnership locked in. Zillow rewrote its listing standards to make the
Did the industry build a machine for reverse steering and call it seller choice? Read More »
California Gov. Gavin Newsom is threatening legal action against cities and counties that do not comply with a 2025 housing reform law that allows higher density near public transit. During a Wednesday press conference, Newsom said his administration has warned 15 cities and counties that they have 30 days to comply with Senate Bill 79
Newsom warns cities of lawsuits over California SB 79 law Read More »
A high-producing Tampa real estate team has returned to eXp Realty after a stint with another brokerage. Maximum Tampa Group — led by Yulia Olivo and Jennifer Rivera — will now operate as FIG Team Maximum Tampa in collaboration with Veronica Figueroa’s FIG Team. The move comes after Maximum Tampa Group had joined LPT Realty
RealTrends Verified Tampa team returns to eXp Realty Read More »
The Council of MLS (CMLS), the trade organization for multiple listing services, is pushing back against the rhetoric currently circulating the housing industry that “sellers benefit when their listings are not broadly exposed, that listing brokerages have a fiduciary duty to withhold facts from other brokers and their buyers, and that MLSs work against real
CMLS warns pre marketing could fragment the housing market Read More »
The U.S. Census Bureau projects that 70% of net new homebuyers between now and 2050 will be Latino — a statistic that Century 21 CEO Mike Miedler said should guide recruiting efforts across the industry. “If we’re going to serve those communities, we also have to get more Hispanic real estate professionals into the business,”
Century 21 CEO: Adding Latino agents is key to serving demand Read More »
Key insight: Fed Gov. Lisa Cook, Gov. Michael Barr and Vice Chair Philip Jefferson said in separate appearances Thursday that uncertainty over tariffs and geopolitical tensions is shifting the balance of risks toward combating a rise in inflation. Expert quote: “The ongoing trade policy uncertainty and geopolitical tensions … pose upside risk to my inflation
Fed Govs. express concern about Iran war-driven inflation Read More »