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...
A 75-year-old widow in Florida who was forced to cancel the sale contract for her home after she broke her leg and was unable to move faced a demand from her real estate broker for the $23,000 sales commission on the terminated deal. According to a report by WFTS ABC...
Fraud and forgery claims represent 21% of the total dollars spent by title insurers on claims expense and losses, with an average claim cost of over $143,000, according to data released by the American Land Title Association (ALTA). A new independent analysis...
Outbound migration is pointing to the Southeast, according to the fourth annual Moving Trends Report published by PODS Enterprises LLC. For the second consecutive year, Myrtle Beach, South Carolina, and Wilmington, North Carolina, tied for the top spots on the list of...
The Iowa Association of Realtors (IAR), in partnership with the Realtors Relief Foundation (RRF), is offering financial assistance to displaced individuals who were severely impacted in last month’s tornadoes. On April 26, more than 300 residences and buildings were...
The mortgage advisory firms Stratmor Group and Teraverde have announced a merger. According to the companies, both firms will operate under the Stratmor brand and will combine their respective programs, technology, and subject-matter expertise. “The mortgage industry...
Hits and Misses for the Real Estate Week of March 23-27
