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Ex-Employee Sues NAR for Discrimination and Sexual Harassment

Ex-Employee Sues NAR for Discrimination and Sexual Harassment

by Phil Hall | Jun 21, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A former National Association of Realtors (NAR) employee filed a lawsuit against the trade group that claims she was fired and subjected to retaliation for complaining about discrimination and sexual harassment. Real Estate News reported Roshani Sheth, a NAR project...
Ex-Illinois Bank President Admits to Real Estate Fraud Schemes

Ex-Illinois Bank President Admits to Real Estate Fraud Schemes

by Phil Hall | Jun 21, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The former president of an Illinois bank has acknowledged his involvement in a scheme to falsify bank records to enable real estate loans. Steven Cook pleaded guilty in U.S. District Court in Benton to three felony counts of aiding and abetting the making of a false...
GOP Senators Reintroduce Bill Putting CFPB Funding Under Congressional Appropriation

GOP Senators Reintroduce Bill Putting CFPB Funding Under Congressional Appropriation

by Phil Hall | Jun 20, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

U.S. Sens. Katie Britt (R-AL) and Bill Hagerty (R-TN) have reintroduced legislation that would make the Consumer Financial Protection Bureau (CFPB) part of the congressional appropriation process. The proposed Consumer Financial Protection Bureau Accountability Act...
Survey: Nearly Half of Americans Struggling to Maintain Financial Stability

Survey: Nearly Half of Americans Struggling to Maintain Financial Stability

by Phil Hall | Jun 19, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Roughly half of Americans are struggling to remain where they are financially, according to a new nationwide survey published by Monmouth University’s Polling Institute. The poll found 46% of respondents complaining they were having difficulty maintaining financial...
CFPB Proposes $3.95 Million Fine Against Freedom Mortgage Corporation

CFPB Proposes $3.95 Million Fine Against Freedom Mortgage Corporation

by Phil Hall | Jun 19, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) announced it has filed a proposed order that would enact a $3.95 million fine against Freedom Mortgage Corporation for submitting “error-riddled mortgage loan data” to federal regulators. The proposed order would also...
The Best and Worst US Cities Are…

The Best and Worst US Cities Are…

by Phil Hall | Jun 19, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

WalletHub has issued its 2024 listing of the nation’s best- and worst-run cities, with a somewhat under-the-radar city ranking highest and a very prominent metropolis occupying the bottom ranking. For its list, WalletHub compared 148 of the most populated cities...
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