A Phil Hall Op-Ed: There is a quip, incorrectly attributed to Albert Einstein, that says, “Insanity is doing the same thing over and over again and expecting different results.” A prime example of that foolishness in motion can be seen at the U.S. Postal Service...
Douglas Elliman Inc. (NYSE: DOUG) has become the latest brokerage to announce a settlement that will resolve class action lawsuits related to real estate agent commission fees. Under the terms of the settlement agreement, Douglas Elliman will pay $7.75 million within...
The Philadelphia-based Republic First Bank, which operated as Republic Bank, was closed on Friday night by the Pennsylvania Department of Banking and Securities, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. This is the first bank...
AIDS Healthcare Foundation (AHF) announced that it notified the receiver for the Los Angeles-based Skid Row Housing Trust that it is not going through with its planned $27 million purchase of six distressed properties. “During the escrow due diligence process, AHF...
HomeServices of America has agreed to a $250 million settlement to resolve the charges brought against the company in the Sitzer/Burnett trial. The company, which is owned by Warren E. Buffett’s Berkshire Hathaway Energy, was the last defendant in the case to agree to...
Rentec Direct has released a new mobile app designed for use with its rental property management software platform. According to the company, the new app provides landlords, investors, and property managers the flexibility to access their Rentec Direct accounts...
