Tag Archives: regulations

Quicken Loans agrees to pay HUD $32.5M

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Quicken Loans confirmed today it has agreed to pay the U.S. Department of Housing and Urban Development $32.5 million to resolve a multi-year legal battle between the lender and HUD. Continue reading →

Trump admin blocking undocumented immigrants from FHA loans

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A Trump administration official confirmed this week that the Federal Housing Administration is not providing mortgages to undocumented immigrants who arrived in the U.S. as children. Continue reading →

NY lawmakers agree on comprehensive rent reform

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New York State lawmakers agreed Tuesday on a massive overhaul of state rent regulations days before the laws protecting rent-stabilized tenants were set to expire.  Continue reading →

California Realtors group warns agents to stay away from lawyer solicitations

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There have been questions over the employment status of real estate agents in California — and possible ramifications or ripple effects nationwide — in the wake of a labor ruling by the California Supreme Court over a year ago. Continue reading →

Keller Williams joins other top brokerages in supporting the Equality Act

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Keller Williams is the latest company to join in support of the Equality Act, legislation that would codify gender and sexual orientation protections into the Civil Rights Act, including the Fair Housing Act.  Continue reading →

Lender slapped with $1.75M fine for bungling demographic data

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Freedom Mortgage reported inaccurate information on race and sex between 2014 and 2017. The firm originated 50,000 mortgages per year during that period. Continue reading →

EXCLUSIVE: Compass, eXp Realty and Redfin voice support for Equality Act

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Just in time for Pride Month, the annual June celebration of LGBTQ rights in the U.S., three major real estate brokerages – Compass, eXp Realty and Redfin— all confirmed to Inman this week for the first time that they support the Equality Act, a propos… Continue reading →

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

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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

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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

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