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Ninth Circuit Rejects Rehearing in Realtor.com ‘Fake Leads’ Dispute

Ninth Circuit Rejects Rehearing in Realtor.com ‘Fake Leads’ Dispute

by John G. Stevens | Sep 18, 2026 | Current News & Events

A federal appeals court has refused to reconsider its dismissal of an appeal in the proposed class action accusing Realtor.com operator Move Inc. and related companies of selling real estate agents allegedly fake or deficient leads. The U.S. Court of Appeals for the...
State Farm and Allstate Take Steps Toward Reopening California Home Insurance

State Farm and Allstate Take Steps Toward Reopening California Home Insurance

by John G. Stevens | Sep 18, 2026 | Current News & Events, Real Estate News, U.S. Housing Market

Two of the biggest names associated with California’s retreat from homeowners insurance are moving—cautiously—in the opposite direction. State Farm General and Allstate have filed plans that could allow them to resume writing some new homeowners policies in California...
HUD Lines Up $1.3 Billion Sale of 4,200 Vacant Reverse-Mortgage Loans

HUD Lines Up $1.3 Billion Sale of 4,200 Vacant Reverse-Mortgage Loans

by John G. Stevens | Sep 18, 2026 | Current News & Events, Mortgage Information, U.S. Housing Market

The U.S. Department of Housing and Urban Development is preparing to put roughly $1.3 billion of vacant reverse-mortgage loans into the market, creating one of the more consequential distressed residential note sales on the federal calendar this fall.HUD’s Office of...
Fed’s New Projections Put Housing on Notice: Inflation at 3.7% as Most Policymakers See More Tightening

Fed’s New Projections Put Housing on Notice: Inflation at 3.7% as Most Policymakers See More Tightening

by John G. Stevens | Sep 17, 2026 | Current News & Events, Mortgage Information, U.S. Housing Market

The Federal Reserve’s first rate increase since 2023 was only part of the message housing professionals received Wednesday. The more consequential signal for the months ahead may be in the central bank’s updated economic projections: policymakers now see inflation...
Mortgage Rates Jump to 6.95%, Highest Since January 2025

Mortgage Rates Jump to 6.95%, Highest Since January 2025

by Nathan S. Pierce | Sep 17, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates moved sharply higher this week, pushing the housing market back to the edge of the 7% threshold just as buyers and builders were already confronting renewed pressure from borrowing costs. The average rate on a 30-year fixed mortgage rose to 6.95% as of...
Senate Banking Committee Advances Brian Johnson for CFPB Director

Senate Banking Committee Advances Brian Johnson for CFPB Director

by John G. Stevens | Sep 17, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

The Senate Banking Committee voted Thursday to advance Brian Johnson’s nomination to lead the Consumer Financial Protection Bureau, moving President Donald Trump’s pick one step closer to taking charge of the agency that oversees consumer-finance laws...
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