Veros says its AVM isn’t tripped up by historical redlining boundaries

Study finds that homes located within historically redlined neighborhoods tend to have less living space, smaller lot sizes and more variations in quality. Continue reading

Audits find fault with help provided to FHA borrowers during pandemic

Loan servicer Mr. Cooper is ‘deeply disappointed’ that the HUD OIG audit focused on problems it says were mostly technical, rather than on borrower outcomes. Continue reading

This apartment complex wants to lock residents inside all night long

The Array Apartments in Austin, Texas, has announced a “mandatory” curfew between 10 p.m. and 5 a.m. each night. But legal experts are skeptical such a rule can be enforced. Continue reading

The Texas plan that could win even more new homeowners

High property taxes in Texas have in the past canceled out some of the state’s affordability advantages. But political leaders are looking for ways to reduce homeowners’ tax burden. Continue reading

Quality control standards for AVMs may cover discrimination

Proposed standards would include random sample testing and reviews to ensure a “high level of confidence” in the estimates produced by AVMs. Continue reading

Airbnb sues New York City over ‘de facto ban’ on short-term rentals

Readers who prioritize second homes and investment properties turn to Inman’s weekly Property Portfolio email newsletter, whether they’re agents who work with this special class of clients or investors themselves. This month, we’ll go deeper on e… Continue reading

Private mortgage insurers have friends in high places

House lawmakers ask SEC not to hinder a system that private mortgage insurers have used to transfer nearly $68 billion in risk since 2015. Continue reading

Mortgage rate gap among lenders wider than previously understood

A homebuyer taking out a $300,000 loan could end up overpaying by $1,200 a year — and even more if they’re in the market for a jumbo, FHA or VA mortgage, according to a new CFPB analysis. Continue reading

‘I wouldn’t want you to live here’: 9 fair housing violations to avoid

Prevent being canceled, fined or jailed by understanding fair housing laws and regulations and avoiding violations. Dr. Lee Davenport helps you check yourself. Continue reading

Housing counseling agency sues its founder for alleged fraud

The National Asian American Coalition said only a small percentage of the counseling sessions it billed California $12 million for was actually provided. Continue reading