Tag Archives: regulations

HUD takes first step to revive Obama-era AFFH rule

By | | Uncategorized
Comments Off on HUD takes first step to revive Obama-era AFFH rule

HUD has filed the notice needed to reinstate Obama-era Affirmatively Furthering Fair Housing enforcement rules, which were repealed in September 2020. Continue reading →

Fannie, Freddie to adopt new underwriting standards for qualified mortgages on July 1

By | | Uncategorized
Comments Off on Fannie, Freddie to adopt new underwriting standards for qualified mortgages on July 1

Mortgage Bankers Association says lenders have been gearing up for changes, and new standards will actually increase access to credit. Continue reading →

18 real estate agents from New York at risk of losing license

By | | Uncategorized
Comments Off on 18 real estate agents from New York at risk of losing license

The New York Department of State has launched 132 investigations into housing bias, which include allegations from Newsday’s “Long Island Divided” report. Continue reading →

HUD sends $690M to states for affordable housing

By | | Uncategorized
Comments Off on HUD sends $690M to states for affordable housing

The Housing Trust Fund is funded by a fee on Fannie Mae and Freddie Mac and devoted to affordable housing for low- and extremely low-income households. Continue reading →

CDC extends national eviction moratorium to June 30

By | | Uncategorized
Comments Off on CDC extends national eviction moratorium to June 30

The Centers for Disease Control and Prevention said the extension is in the best interest of the public’s health as coronavirus cases are on the uptick. Continue reading →

The problem with antitrust litigation as a real estate business strategy

By | | Uncategorized
Comments Off on The problem with antitrust litigation as a real estate business strategy

In the real estate industry, antitrust lawsuits have become more prevalent in the past few years, but perhaps it’s time for litigious parties to take a step back and refocus their energies on sellers and buyers, instead of competitors. Continue reading →

Consumer groups support REX suit against anti-rebate law

By | | Uncategorized
Comments Off on Consumer groups support REX suit against anti-rebate law

The Consumer Federation of America and the Oregon State Public Interest Research Group argue that prohibiting rebates to buyers and sellers stifles commission competition and harms consumers. Continue reading →

Marcia Fudge sworn in as HUD secretary with a fair housing focus

By | | Uncategorized
Comments Off on Marcia Fudge sworn in as HUD secretary with a fair housing focus

NAR looks forward to working with Fudge “to address racial disparities in real estate and our nation’s persistent housing affordability crisis.” Continue reading →