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

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

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

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

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

Chase settles with Black homeowner over alleged discriminatory appraisal

The lender will pay the Chicago homeowner $50K and provide mandatory training to its employees on fair lending and appraisals. Continue reading

What does the $1.9T stimulus bill mean for real estate?

More direct checks, rental assistance and expanded unemployment are all included in the massive $1.9 trillion relief package. Continue reading