Tag Archives: regulations

Legislation aimed at banning mortgage trigger leads is back

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Despite lobbying by mortgage trade groups, two previous bills failed to attract cosponsors and died in the House Committee on Financial Services without a second reading. Continue reading →

Tenants in jeopardy as rent hikes outpace value of rental vouchers

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No metro in the U.S. held enough vouchers to meet soaring demand, with Miami and other cities in Florida standing out for disparities between available vouchers and renters who need them. Continue reading →

Clarence Thomas claimed rental income from closed real estate firm

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The U.S. Supreme Court justice claimed hundreds of thousands in income from a real estate company that was dissolved in 2006, according to yet another inquiry into Thomas’s financial disclosures. Continue reading →

Marketing guru’s run for POTUS puts speakers in awkward position

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NAR’s Lawrence Yun is among the prominent figures scheduled to speak at a seminar where Momentifi CEO and U.S. presidential candidate Gibran Nicholas will hawk his book. Continue reading →

Clarence Thomas failed to report property deal with Texas developer

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Crow Holdings chair Harlan Crow, already under scrutiny for his role as a benefactor to the U.S. Supreme Court Justice, reportedly bought three properties from Thomas, including one where his mother still lives. Continue reading →

FTC goes to court to stop ICE’s $11.7B Black Knight acquisition

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Federal antitrust regulators are seeking a preliminary injunction to stop Intercontinental Exchange’s planned $11.7 billion acquisition of mortgage tech provider Black Knight from closing on April 28 — before an administrative hearing to determine its … Continue reading →

Mortgage, tech experts invited to brainstorm ideas at ‘TechSprint’

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Fannie Mae and Freddie Mac’s federal regulator will host Velocity TechSprint, a problem-solving challenge for product developers and data scientists in nation’s capital July 10-13. Continue reading →

Zillow settles shareholder lawsuit over co-marketing program

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Zillow has maintained its agent-lender co-marketing program is RESPA compliant, and admitted no wrongdoing while agreeing to pay $15 million, which was granted preliminary approval Monday Continue reading →

Rocket Homes is target of ‘ongoing law enforcement investigation’

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The Consumer Financial Protection Bureau launched an investigation into Rocket’s real estate brokerage arm in 2020 on eve of the company’s IPO. Three years later, the probe is ongoing. Continue reading →

Fidelity to pay $3.5M in crackdown on ‘no-poach’ agreements

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Five title insurance companies have paid $8.25 million in the last 18 months to settle antitrust allegations leveled by New York Attorney General Letitia James. Continue reading →