District of Columbia Attorney General Brian L. Schwalb announced a settlement where Allied Title & Escrow LLC, KVS Title LLC, Modern Settlements LLC, and Union Settlements LLC will pay a combined $3.29 million after his office investigated illegal kickback schemes...
The California State Senate voted 23-11 to approve a bill that opens a state program for down payment assistance to illegal immigrants. However, it is unclear whether Gov. Gavin Newsom will sign or veto the bill. AB 1840 would require the California Dream for All...
Federal Reserve Bank of Atlanta President Raphael Bostic is seeking to dial down the enthusiasm over a potential rate cut by the central bank next month, arguing there was no rush for such an action. Reuters reported that Bostic used a speech in Atlanta to declare he...
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...
Hits and Misses for the Real Estate Week of June 22-26
