A new ‘uniform’ for Fannie and Freddie aims to help homebuyers, investors

Though relatively obscure among most consumers, the project to create the UMBS has been in the works since at least 2012. Officials have already been prepping investors for the launch of the combined TBA market for months, and during Monday’s phone cal… Continue reading

Good news for CA brokerages as indie contractor bill advances

California lawmakers advanced a proposed law this week that has the potential to upend entire industries that rely on independent contractors. But now, the law has a key tweak: real estate professionals will now be exempt. Continue reading

Redfin says it’s fixing regulatory issue with agent-free service

Both Redfin and the Massachusetts Board indicated that they are working together to resolve the disclosure issue. Continue reading

Agents: Check your bias at the door

Regardless of your beliefs, your political affiliation or your passion for a specific cause, when it comes to real estate, personal bias can easily slip into a conversation. Even the slightest slip in this area can result in violations of the Fair Hous… Continue reading

Airbnb will hand over data on 17K listings to New York City officials

The data has to do with hosts and reservations on Airbnb’s platform and will be partially anonymized, Airbnb confirmed Friday. Continue reading

HUD rule would roll back transgender homeless protections

Transgender people experience homelessness at higher rates than the average population, according to surveys. One recent report by the National Center for Transgender Equality (NCTE), a trans rights advocacy group, found that up to 30 percent of its 27… Continue reading

KW, Realogy, RE/MAX and HomeServices slap back at ‘bombshell’ antitrust lawsuit

Realogy, Keller Williams, HomeServices of America and RE/MAX filed a motion on May 17 to dismiss the class action lawsuit filed by homeseller Christopher Moehrl seeking to upend the traditional commission structure in the real estate industry.  Continue reading

Redfin’s new agent-free service hits regulatory snag

Redfin Direct, a pilot program that allows consumers to make direct offers on homes listed by real estate brokerage Redfin online without being represented by a buyer’s agent, is violating a regulation regarding agency disclosure, according to a Massac… Continue reading

READ: Justice Department’s letter to CoreLogic demanding MLS info

Inman has obtained a letter from the Department of Justice requesting information on multiple listing service data from CoreLogic, a California-based financial services and analytics firm. Continue reading

HUD Secretary slammed for confusing REO with Oreo cookies

Despite the controversy that has swirled around his tenure, following the Oreo incident, Ben Carson attempted to downplay his apparent confusion. Continue reading