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
Housing market expected to stabilize in 2019: Fannie Mae
Slower economic growth will mean more static interest rates and increasing affordability, a new study from Fannie Mae says
by Patrick Kearns Dec 14
Fannie Mae And Freddie Mac Bailout Projected To Grow
FHFA director nominee Mark Calabria has been vocal in calling for opening up the government's charter to other entities
by Patrick Kearns Dec 12
Kathy Kraninger
The US Senate voted 50-49 on Thursday to approve Kraninger as head of the agency that regulates banks and lenders on behalf of the public
by Patrick Kearns Dec 6
A Trump official with a 6-figure salary is moving to public housing
Lynne Patton, a regional head of the Department of Housing and Urban Development in New York, wants to draw attention to substandard conditions of public housing
by Patrick Kearns Dec 4