Tag Archives: regulations

A Florida landlord is requiring vaccines for tenants. Is that legal?

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The landlord operates approximately 1,200 rental units but will require vaccines for anyone wanting to move in or renew a lease. Continue reading →

NAR vs. DOJ: A timeline of the battle as it stretches into 4th year

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An analysis of the association’s petition offers a step-by-step timeline of the events leading up to the DOJ’s launch of a new probe into NAR rules. Continue reading →

Regulators loosen reins on Fannie and Freddie

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It’s been an abrupt about-face for Fannie and Freddie, which under the Trump administration were on a path to privatization. Democrats have put the brakes on those plans, seeing an opportunity to use Fannie and Freddie to provide better access to home … Continue reading →

DOJ quietly resumed NAR probe days after settlement withdrawal

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In a 418-page petition filed Monday, NAR contends the antitrust regulator swiftly reopened its investigation into the Clear Cooperation Policy and buyer broker commissions in July. Continue reading →

HUD homes more likely to be in floodplains: Report

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HUD is not required to disclose flood risk to would-be homebuyers, most of whom didn’t learn that the home they were interested in was located in a flood zone until they were told by their lender that they needed to buy flood insurance. Continue reading →

NAR fights back against DOJ efforts to withdraw antitrust settlement

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The trade group accused the Justice Department of reneging on a binding agreement. NAR also said it had already begun implementing policies based on its DOJ settlement. Continue reading →

Wells Fargo fined over mortgage loan modification practices

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Wells Fargo has agreed to pay a $250M fine after an investigation by federal banking regulators found fault with its practices for helping homeowners with mortgage problems. Continue reading →

Why Lower.com is about much more than mortgage rates

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There’s a backstory to Lower that explains why the company believes it can position itself as not just a lender, but “Everything for your home, for Lower.” Continue reading →

Fannie and Freddie must submit equitable housing finance plans

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Having put the brakes on the Trump administration’s plans to reprivatize Fannie and Freddie, Democrats have been pushing for the “government sponsored enterprises” to provide more home loans for underserved borrowers. Continue reading →

Unlicensed mortgage broker siphoned off $4.74M in refi proceeds

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An unlicensed mortgage broker faces up to 30 years in prison after pleading guilty to a fraud scheme in which $4.74 million in mortgage refinancing proceeds were allegedly wired to accounts controlled by the perpetrators. Continue reading →