Compass Inc. (NYSE:COMP) has agreed to a $57.5 million settlement that will resolve allegations that it conspired to maintain inflated real estate commissions. In a statement, the company said the settlement would not “materially impact its future operations but...
After news reports of a Queens homeowner getting arrested for changing the locks on her property to keep a squatter from accessing the house, a New York legislator has introduced a bill to keep squatters from claiming tenant rights. WABC-TV reported State Assemblyman...
Crow Holdings, a Dallas-headquartered real estate investment and development firm, has acquired a privately owned 46-property, 9,838-pad, all-age manufactured housing portfolio. The acquisition was made through Crow Holdings’ investment management company Crow...
Tim Birkmeier announced his retirement as president of Rocket Mortgage, a division of Detroit-based Rocket Companies (NYSE:RKT). Birkmeier made his announcement on his LinkedIn page – the company did not issue a press statement on the retirement, nor has there been an...
The U.S. Department of Housing and Urban Development (HUD) has announced a publicity campaign designed to trumpet what it describes as the “key milestones and accomplishments since the beginning of the Biden-Harris administration as well as priorities for 2024.” The...
Rep. Alexandria Ocasio-Cortez (D-NY) and Sen. Bernie Sanders (I-VT) announced the relaunch of the “Green New Deal for Public Housing.” Among the provisions of the proposed legislation is the repeal the Faircloth Amendment, a rule that prohibits the U.S. Department of...
Inflation Just Put Mortgage Rates Back in the Crosshairs
