Tag Archives: regulations

New drone rules could pave way for listing photos that truly ‘pop’

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The Federal Aviation Administration is proposing new rules that would allow drones to be flown at night and over people without waivers. Continue reading →

Microsoft is putting up $500M to help affordability crisis in Seattle

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Microsoft announced Wednesday a plan to invest $500 million in affordable housing solutions for Seattle and the Puget Sound area in Washington, to alleviate the stress tech job growth is putting on the housing market. Continue reading →

Government raises fines for RESPA violations

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The Consumer Financial Protection Bureau (CFPB) is raising the price of its fines to adjust for inflation, including penalties for violations of the Real Estate Settlement Procedures Act (RESPA). The new fine amounts became law when they were entered i… Continue reading →

NYC mayor sues Manhattan brokerage over allegedly illegal short-term rentals

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The New York City Mayor’s Office of Special Enforcement filed a lawsuit Monday against a Manhattan-based brokerage and property management firm, accusing it of converting units at least five properties it manages or owns into illegal short-term rentals… Continue reading →

Flood insurance freeze halts thousands of US home sales

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The Federal Emergency Management Agency ruled Thursday it will not approve new or renew existing flood insurance plans during the government shutdown. Continue reading →

How the government shutdown is impacting home buyers

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A partial shutdown of the U.S. Government has entered its sixth day as both Democrats, Republicans and President Donald Trump dig in their heels over partial funding for a wall or partition structure along a small portion of the U.S. southern border an… Continue reading →

Fed raises interest rate for the fourth time in 2018

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The Fed’s increase sets a target range for the federal funds rate of 2.25 percent to 2.5 percent. The increase of 25 basis points came as the “labor market has continued to strengthen and that economic activity has been rising at a strong rate,” accord… Continue reading →

Housing market expected to stabilize in 2019: Fannie Mae

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Economic growth is expected to slow in 2019 which means stabilizing home sales and mortgage rates in 2019, according to Fannie Mae’s economic and strategic research group.  Continue reading →

Will Trump’s new housing finance director privatize Fannie and Freddie?

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The Trump administration is preparing to nominate Mark Calabria to head the Federal Housing Finance Agency, the agency tasked with overseeing Fannie Mae and Freddie Mac. Continue reading →

Say hello to your new CFPB director, Kathy Kraninger

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The Consumer Financial Protection Bureau finally has a non-temporary leader. On Thursday, the Senate voted 50-49 along party lines, with no Democrat voting in support, to approve Kathy Kraninger as the new head of CFPB. Continue reading →