New eviction moratorium likely coming for most renters

The moratorium comes shortly after the previous eviction ban expired, and could ultimately cover 90 percent of U.S. renters. Continue reading

Strong Fannie, Freddie results set the stage for debate over their future

Both companies benefited from rising home prices, and a resurgence in refinancings prompted by falling mortgage rates, which have come down from 2021 peaks seen in March. Continue reading

New law will limit what teams can call themselves

Dozens of teams will likely have to rebrand thanks to a state law that prohibits the use of terms such as “group” and “LLC.” Continue reading

Low-income tenants sue developer, allege ‘poor door’ discrimination

Tenants who won a lottery to live at Fifteen Hudson Yards are suing the developer for violating New York City’s “poor door” ban, which bans separate entrances for low-income residents. Continue reading

With home prices slow to fall, would-be buyers are getting squeezed out

People who lost income during the pandemic are finding it hard to buy their first homes as real estate prices grew faster than incomes, according to a new Harvard University report. Continue reading

Dueling NAR and REX op-eds hint that DOJ will target commissions

National Association of Realtors: “The Administration has publicly signaled a lack of understanding about the MLS system and the associated commission structure.” Continue reading

StreetEasy arms renters to fight housing voucher discrimination

New pop-up informs renters that it’s illegal to discriminate by legal source of income in New York and New Jersey. Continue reading

3 ways Biden could change real estate

Real estate experts share how President Biden’s latest executive order could impact real estate from licensing to noncompete agreements to antitrust lawsuits. Continue reading

New restrictions on Fannie, Freddie refis blamed for tighter mortgage credit

Mortgage lenders tightened underwriting standards in June, undoing much of the easing seen over the last six months as initial fears about the long-term impacts of the pandemic began to wane. Continue reading

Fannie and Freddie will eliminate mortgage refinancing fee starting Aug. 1

Homeowners looking to refinance their mortgages could have an easier time getting a lower rate, with Fannie Mae and Freddie Mac’s federal regulator eliminating a 50-basis point refinancing fee that was intended to help the mortgage giants cover at leas… Continue reading