Tag Archives: News Brief

Trump admin proposes new tax-break rules for developers

By Patrick Kearns | October 19, 2018 - 6:17 pm |October 19, 2018 Uncategorized

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The Trump Administration proposed new guidelines Friday that would create tax incentives for developers to build in so-called “Opportunity Zones.” Continue reading →

Fair lending policy director to be investigated for racial blog posts

By Veronika Bondarenko | October 19, 2018 - 3:42 pm |October 19, 2018 Uncategorized

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Now that Eric Blankenstein’s old blog post has come to light, the CFBP has asked an independent group to investigate its top enforcement director. Continue reading →

Existing home sales drop in September

By Veronika Bondarenko | October 19, 2018 - 2:38 pm |October 19, 2018 Uncategorized

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Existing-home sales dropped 3.4 percent to a seasonally adjusted 5.15 million units in September, according to the latest National Association of Realtors report. Continue reading →

Here’s why an iBuyer company pretended to run for Senate

By Veronika Bondarenko | October 18, 2018 - 6:47 pm |October 18, 2018 Uncategorized

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If you want to get buyers to notice to your new home-resale startup, there’s always the option of pretending to run for Senate. Continue reading →

Tenant screener RealPage pays $3M for imprecise criminal records tool

By Veronika Bondarenko | October 18, 2018 - 5:52 pm |October 18, 2018 Uncategorized

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After the Federal Trade Commission accused tenant screening company RealPage of falsely linking some prospective renters to criminal records, the company has agreed to shell out $3 million in a penalty settlement. Continue reading →

Fannie Mae is ‘pessimistic’ about the housing market in 2019

By Jim Dalrymple II | October 18, 2018 - 5:48 pm |October 18, 2018 Uncategorized

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In a report released Thursday, Fannie Mae’s Economic and Strategic Research Group painted a picture of a somewhat gloomy near-term future, saying that it’s expectations for the coming year “have become more pessimistic.” Continue reading →

Disaster victims can now find a safe haven in low-income housing

By Lew Sichelman | October 18, 2018 - 4:44 pm |October 18, 2018 Uncategorized

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Housing units normally set aside for low-income residents can now be used to house persons displaced by Hurricanes Florence and Michael and other disasters without regard to their incomes. Continue reading →

Zillow shuffles leadership: Amy Bohutinsky changes jobs, Starbucks exec joins

By Veronika Bondarenko | October 17, 2018 - 11:04 pm |October 17, 2018 Uncategorized

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Longtime veteran Amy Bohutinsky will step away from her role as the company’s chief operating officer to join the Board of Directors. Continue reading →

Mayor convicted of fraud gives up fight for his real estate license

By Veronika Bondarenko | October 17, 2018 - 7:38 pm |October 17, 2018 Uncategorized

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After getting out of prison on parole, former Montreal mayor tried to get courts to reinstate his real estate license before ultimately giving up the fight. Continue reading →

Zillow adds first indie brokerage listings from Alberta, Canada

By Veronika Bondarenko | October 17, 2018 - 7:18 pm |October 17, 2018 Uncategorized

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One day after launching Canadian home listings on its signature property search website, Zillow is adding yet another source of those homes for sale. Continue reading →