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VA to Publish Circular Addressing Buyer Commission Policy

VA to Publish Circular Addressing Buyer Commission Policy

by Phil Hall | May 22, 2024 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of Veterans Affairs announced plans to publish a circular that would address the buyer commission prohibition on VA loans. The circular, which is planned to be issued by June 12, would address the changes to broker commissions enacted by the...
Commerce Dept. Pushes for More Women in Construction Jobs

Commerce Dept. Pushes for More Women in Construction Jobs

by Phil Hall | May 22, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The U.S. Department of Commerce has published the Million Women in Construction Community Pledge, a new initiative to encourage more employment of women in the construction workforce. U.S. Secretary of Commerce Gina Raimondo has called on the construction industry –...
NAR Seeks Appeal of Decision Reopening Justice Dept. Probe

NAR Seeks Appeal of Decision Reopening Justice Dept. Probe

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

The National Association of Realtors (NAR) is appealing a court ruling that enabled the U.S. Department of Justice (DOJ) to reopen a probe of the organization’s Participation Rule and Clear Cooperation Policy that was resolved in a 2020 settlement. In a filing...
Real Estate Attorney Douglas Heitner Joins Latham & Watkins

Real Estate Attorney Douglas Heitner Joins Latham & Watkins

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

The law firm Latham & Watkins LLP has hired Douglas Heitner as a partner in its real estate practice. Heitner will be based in the firm’s New York City office and will advise clients on real estate transactions including joint ventures, financings, investment...
Elvis Presley’s Granddaughter Fights to Stop Graceland Foreclosure Sale, Claiming Fraud

Elvis Presley’s Granddaughter Fights to Stop Graceland Foreclosure Sale, Claiming Fraud

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

The granddaughter of Elvis Presley is seeking to halt a foreclosure auction of the legendary singer’s Graceland estate, claiming the sale is based on fraudulent paperwork. According to combined media sources, Danielle Riley Keough was granted a temporary restraining...
FDIC Chairman Pledges to Resign When Successor is Confirmed

FDIC Chairman Pledges to Resign When Successor is Confirmed

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

Martin Gruenberg has announced he will resign as chairman of the Federal Deposit Insurance Corp. (FDIC) following an investigation that determined the agency encouraged a workplace environment of sexual harassment, discrimination and bullying. In an internal email...
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