Lawrence Yun, the chief economist for the National Association of Realtors, is warning that today’s mostly positive jobs report should not be embraced as evidence of an improving economy. “The job market continues to crank out jobs in high figures: 336,000 in...
The U.S. Securities and Exchange Commission (SEC) charged Matthew Motil, host of the podcast “The Cash Flow King,” with fraudulently raising approximately $11 million from more than 50 investors in a Ponzi scheme involving notes purportedly backed by residential...
The Federal Reserve has opted to hit the pause button on its rate setting activity. The central bank’s policymaking Federal Open Market Committee voted unanimously to maintain the target range for the federal funds rate at 5.25% to 5.5%. While claiming recent...
“Million Dollar Listing Los Angeles” star Josh Flagg is part of the leadership team of a new media company focused on the real estate industry. According to a Wall Street Journal report, Flagg has teamed with Griff O’Brien, a former content acquisition officer at...
The Consumer Financial Protection Bureau (CFPB) has issued a guidance related to legal requirements that lenders must follow when using artificial intelligence (AI) and other complex models. The CFPB noted that creditors often use complex algorithms with large...
The homebuilder Tri Pointe Homes (NYSE: TPH) is expanding its footprint with the opening of a new division in Utah. The Incline Village, Nevada-headquartered company will base its Utah operations in the greater Salt Lake City region. Tri Pointe Homes cited Utah’s...