Industry warned to prepare for $40B hit on commissions

Buyer’s agents, and the ecosystem of companies that provide services to them, would bear the brunt of legal challenges to the traditional commission structure, Brian Boero said at Inman Connect. Continue reading

After discrimination reveal, LIBOR to tackle fair housing on Long Island

The Realtor organization’s new campaign comes after a sweeping investigation in which journalists found endemic discrimination among Long Island’s real estate community. Continue reading

The housing outlook is good, but affordability is a growing problem

Harvard’s Joint Center for Housing Studies report, published Wednesday, dives into economic factors shaping current homebuying and renting landscapes. Continue reading

Preventing unintentional housing discrimination

As Realtors, we are responsible for ensuring that our actions do not unintentionally discriminate against any individual or group. Unfortunately, unintentional discrimination can be challenging to identify and even more difficult to avoid. Continue reading

Equifax ‘coding issue’ possibly skews thousands of mortgage credit scores

A “coding issue” reportedly affected about 12 percent of credit scores calculated from March 16 to April 6, 2022. Continue reading

Equifax ‘coding issue’ possibly skews thousands of mortgage credit scores

A “coding issue” reportedly affected about 12 percent of credit scores calculated from March 16 to April 6, 2022. Continue reading

Equifax ‘coding issue’ possibly skews thousands of mortgage credit scores

A “coding issue” reportedly affected about 12 percent of credit scores calculated from March 16 to April 6, 2022. Continue reading

NYC sting embroils more than 120 companies in fair housing lawsuit

The lawsuit accuses brokerages and property owners of telling renters at risk of homelessness that their vouchers would not be accepted. Continue reading

Senate narrowly confirms Sandra Thompson to lead Fannie, Freddie regulator

The 49-46 party-line vote followed a Republican leader’s call to hold a referendum on the Biden administration’s “radical housing policy.” Continue reading

Death knell for disputed love letter ban as Oregon concedes court ruling

Oregon’s ban on homebuyer love letters would be ruled unconstitutional if a judge accepts a deal the state has struck with the brokerage that filed suit against the ban last year. Continue reading