The government-sponsored enterprises (GSEs) Fannie Mae (OTCMKTS: FNMA) and Freddie Mac (OTCMKTS: FMCC) are reportedly preparing tougher rules for multifamily property lenders and brokers. According to a Wall Street Journal report sourced from unnamed “people familiar...
Hawaii Gov. Josh Green announced a $4 billion settlement resolving all tort claims arising from the Maui wildfires. According to a statement from the governor’s office, the seven defendants – the State of Hawaii, County of Maui, Hawaiian Electric, Kamehameha Schools,...
Massachusetts Gov. Maura Healey has called on the financially ailing Steward Health Care to follow the state’s Department of Public Health regulation that requires hospital owners to provide 120 days’ notice before closing a medical facility. The Associated...
Minnesota Attorney General Keith Ellison announced a $240,000 settlement with Dwell Equities LLC related to compliance errors in the company’s foreclosure rescue services. According to a statement from Ellison’s office, the Rochester, Minnesota-based Dwell approached...
The Connecticut Supreme Court issued a ruling that it makes it easier for the state’s property owners to offer their homes on short-term rental platforms including AirBnb and VRBO. According to a CT Mirror report, the court’s 5-2 ruling determined that a “residence”...
Linden Creek, a Raleigh-based interior design and home staging firm, has launched a franchise program with the opening of its first two franchise locations in Charlotte and Cary, North Carolina. The franchise program provides operational tools – including...
Hits and Misses for the Real Estate Week of June 22-26
