The Federal Trade Commission (FTC) has announced a settlement to resolve its antitrust litigation against Zillow Group (NASDAQ: Z, ZG) and Redfin, a division of Rocket Companies (NYSE: RKT), over their $100 million rental housing agreement. Last October, the FTC and...
Homeowners and commercial real estate owners in Illinois’ Cook County are facing their 32nd consecutive year of property tax increases, according to a report published by Cook County Treasurer Maria Pappas. “School districts, municipalities and other local government...
Lennar Corp. (NYSE: LEN) announced the grand opening of Prentis Branch, a new community of single-family homes in Rome, Georgia. According to the company, the Prentis Branch residences range from 1,274 to 2,023 square feet with three to four bedrooms and two to...
Fannie Mae (OTCQB: FNMA) experience a jolt of senior executive firings last week, though the circumstance behind their terminations remains unclear and the impact of their departures may not be as severe as news reports insisted. The Wall Street Journal, sourcing its...
QXO Inc. (NYSE: QXO), a Greenwich, Connecticut-headquartered distributor and installer of building products, announced the appointment of Ken West as president and chief operating officer, effective Sept. 1. West will report to CEO Brad Jacobs and be responsible for...
loanDepot has received a deficiency notice from the New York Stock Exchange after its Class A common stock fell below the exchange’s minimum continued-listing price requirement. The mortgage lender disclosed Friday that it received written notice from the NYSE on Aug....
Hits and Misses for the Real Estate Week of Aug. 31-Sept. 4
