FairPlay lands $4.5M seed round to help lenders combat racial bias
APIs are designed to help lenders discover bias in algorithms and take a second look at rejected applicants
by Matt Carter Nov 15
Los Angeles wants to ban iBuying
The city council just approved an effort that will look for strategies to stop iBuyers such as Opendoor and Redfin
by Jim Dalrymple II Nov 13
Fake landlord and deed fraud scams plague Detroit buyers and renters
Cash sales don't provide safeguards like title searches that mortgage companies insist on when they're financing a deal
by Matt Carter Nov 12
Multiple law firms investigating Zillow for potential securities fraud
The investigations — which are relatively common after a company discloses very bad news — are a response to Zillow's announcement that it will end its iBuying business
by Jim Dalrymple II Nov 12
How equitably is housing wealth distributed in your city?
Interactive tool tracks disparities in homeownership rates, home values and distribution of housing wealth by race and ethnicity
by Matt Carter Nov 12
Regulatory tech provider Azimuth GRC gets boost from Rock Ventures
Atlanta-based Azimuth GRC claims it's the only company that's codified every state and federal law on one platform
by Matt Carter Nov 10
How pocket listings cast aside minority homebuyers
5 housing experts explain how pocket listings impact the struggle for equity and inclusion in US housing stock, creating de facto segregation
by Marian McPherson Nov 2
Pocket listings are still around, but the off-market landscape is evolving
Two years after the National Association of Realtors approved the Clear Cooperation Policy, pocket listings are as strong as ever. This is Inman's first story in a 5-part series
by Jim Dalrymple II Nov 1
China considers something new — mandating a national property tax
The nation remains one of the few world powers without widespread taxes on real estate values — but that could soon change
by Daniel Houston Oct 27
Consumer watchdog: The real estate industry regulates itself
A report from the Consumer Federation of America found that the vast majority of seats on state real estate commissions are held by industry members and not one is held by a consumer or housing advocate
by Andrea V. Brambila Oct 21
Truework authorized by Fannie Mae to help speed up loan approvals
Truework joins Blend, Equifax Mortgage Solutions and Finicity as third-party vendors currently authorized by Fannie Mae as income and employment validation report suppliers
by Matt Carter Oct 20
More lenders jumping the gun on historic Fannie, Freddie loan limits
Rocket Mortgage and United Wholesale Mortgage — the nation's top 2 lenders — and at least 6 others are raising conforming loan limit to $625K ahead of FHFA announcement
by Matt Carter Oct 13
Real estate agent in hot water over costly missing apostrophe
Agent Anthony Zadravic is faced with hundreds of thousands of dollars in court costs after he neglected to place a crucial apostrophe in a Facebook post bashing his former workplace
by Lillian Dickerson Oct 11
Commission rules, lockbox access chief among threats to industry
At Coldwell Banker's Gen Blue Experience event, Kalama Kim predicted that everything from a DOJ antitrust case to 'marginal agents' could soon upend the real estate industry
by Jim Dalrymple II Oct 6
Hundreds of public figures escaped taxes through real estate: Report
A new trove of documents details how the wealthy and well-connected have used shell companies to conceal real estate transactions
by Daniel Houston Oct 5
Zillow wraps ShowingTime deal as feds continue FTC investigation
The $500M deal was first announced in February, and prompted a heated debate among ShowingTime users. Despite the deal closing, the FTC is reportedly still seeking information from the companies
by Jim Dalrymple II Oct 1