General Electric will pay $1.5 billion over subprime lending

General Electric has agreed to pay $1.5 billion to the U.S. Justice Department over allegations that one of its subsidiary businesses made misrepresentations related to subprime lending. Continue reading

Real estate investor accused of billion-dollar Ponzi scheme

A California luxury real estate developer whose homes have drawn the attention of Hollywood celebrities was arrested on charges of running a $1.3 billion-Ponzi scheme. Continue reading

Low mortgage rates are leading to more affordability: NAR

The National Association of Realtors affordability index ticked up in February, meaning the typical family had more estimated income to afford a home at the national median price. Continue reading

Police launch website asking for tips on Realtor’s unsolved murder

In an effort to finally solve the 2011 murder of a young Realtor, Iowa police have launched a website in which the public can submit tips about the crime. Continue reading

Insurance startup Lemonade raises $300M funding round

Lemonade, a tech-centric insurance startup that uses artificial intelligence, announced Thursday it had raised $300 million in a new round of funding. Continue reading

Marijuana-friendly cities see uptick in home values: Study

Homeowners who live in cities where recreational marijuana is legal can breathe a sigh of relief: Home values in those area have grown by $6,337 more than homes in towns where marijuana remains illegal. Continue reading