Calque, an Austin-headquartered fintech, has debuted the Contingency Buster, its newest “buy before you sell” program. According to the company, the Contingency Buster is designed for homeowners who want to quickly remove home sale contingencies and debt-to-income...
Allstate has been approved for the largest rate increase in California of any major insurer in the past three years. California’s Department of Insurance has approved Allstate’s request to jack up its home insurance rates by an average of 34.1% for its approximately...
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued two rules designed to safeguard the residential real estate and investment adviser sectors from money laundering. The final residential real estate rule will require certain...
Worth Clark Realty announced its acquisition of South Estates Realty, a brokerage based in the Dallas-Fort Worth area. South Estates Realty recorded $54 million in sales volume and 157 transactions in 2023. The financial terms of the deal were not disclosed, and the...
Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) updated their protections for tenants in multifamily properties with mortgages backed by the government-sponsored enterprises (GSEs). Beginning Feb. 28, 2025, all new GSE-backed loans will require multifamily...
The property management software company RealPage Inc. has pushed back at the antitrust lawsuit filed by the U.S. Department of Justice (DOJ) that claimed its products were used to coordinate rent hikes by landlords, claiming the lawsuit “cherry picks” aspects of its...
