Shutdown prompts Fannie Mae to tweak lender requirements

As the government shutdown drags on with no end in sight, Fannie Mae is tweaking its lending requirements to accommodate people who aren’t currently getting paychecks and whose bosses aren’t around to confirm their employment. Continue reading

Zillow will buy and sell homes in five more cities

Zillow Offers, the direct-to-consumer homebuying and selling platform from the Seattle-based real estate tech titan, is coming to Miami, Minneapolis, Nashville, Orlando and Portland this year. Zillow said it will operate in all those markets by the fal… Continue reading

Another big management shuffle: Now its HomeServices

The former founder of Intero Real Estate Services is moving to a new role at the top of HomeServices of America. Gino Blefari, currently the CEO of HSF Affiliates – the subsidiary that operates the Berkshire Hathaway HomeServices and Real Living franch… Continue reading

Government raises fines for RESPA violations

The Consumer Financial Protection Bureau (CFPB) is raising the price of its fines to adjust for inflation, including penalties for violations of the Real Estate Settlement Procedures Act (RESPA). The new fine amounts became law when they were entered i… Continue reading