A Boston-area real estate investor took to social media to detail how a home seller’s agent refused to do business with him because he drove an automobile from Elon Musk’s Tesla Inc. (NASDAQ: TSLA). Charles Lamplough, who has 97,500 followers on TikTok, recalled what...
Federal Housing Finance Agency (FHFA) Director Bill Pulte has announced his agency is establishing a tip line for the reporting of mortgage fraud activity. In a series of posts on X, Pulte declared this will be part of an increased effort by the FHFA to combat...
First American Financial Corporation (NYSE: FAF) has promoted Chief Financial Officer (CFO) Mark E. Seaton to CEO. Seaton replaces Kenneth DeGiorgio, who departed the company after news broke that he was arrested in Puerto Rico for choking a passenger who insulted his...
Redfin (NASDAQ: RDFN) has followed the example set by Zillow (NASDAQ: Z, ZG) in prohibiting some private listings on its platform. Glenn Kelman, the company’s CEO, announced the policy shift in a blog posting where he declared, “Because we believe that all buyers...
JTE Real Estate has unveiled Arbor Ridge, a new home community located outside Myrtle Beach, South Carolina. Arbor Ridge will offer an 18-unit mix of three- and four-bedroom homes ranging from 1,828 to 2,382 total square feet. The four-bedroom plans include a...
The federal Financial Crimes Enforcement Network (FinCEN) has renewed its Geographic Targeting Orders (GTOs) that requires US title insurance companies to identify the individuals behind shell companies used in non-financed purchases of residential real estate. The...
Hits and Misses for the Real Estate Week of May 11-15
