High-profile real estate investor Grant Cardone has given Vice President Kamala Harris an F grade for her comprehension of housing issues. “Kamala Harris is either financially illiterate, incompetent, or she believes that her voters are. Her plans come up every...
The Federal Trade Commission (FTC) has announced Invitation Homes, the country’s largest landlord of single-family homes, has agreed to a settlement where the company will turn over $48 million to refund consumers harmed by its deceptive actions. The company was...
The U.S. Department of Justice (DOJ) announced the former mortgage lender James B. Nutter & Company, has agreed to a $2.4 million settlement to resolve allegations that it knowingly underwrote Home Equity Conversion Mortgages (HECM) insured by the Federal Housing...
Columbia, South Carolina-based United Homes Group Inc. (NASDAQ: UHG), a residential builder focused on southeastern markets, announced that Michael Nieri, the company’s founder, chairman, and CEO, will transition to executive chairman on Oct. 1. Jamie Pirrello, a...
Weiss Law, a new boutique law firm specializing in real estate transactions, has opened with offices in Miami and Boca Raton, Florida. The firm was co-founded by Adam J. Weiss, formerly a named partner at Solomon, Cooperman, Recondo & Weiss LLP and an attorney at...
Steven Cook, the former president of SouthernTrust Bank in Marion, Illinois, was fined $6,000 and sentenced to 50 hours of community service and two weekends in Illinois’ Jackson County jail for his role in a real estate fraud. He will also likely receive a lifetime...