The attorneys general of Arizona, Connecticut New York, Virginia, and Washington are following the lead of the Federal Trade Commission (FTC) in suing Zillow (NASDAQ: Z, ZG) and the Rocket Companies (NYSE: RKT) division Redfin over their $100 million rental housing...
Connecticut has become the first state to offer a free online tool that enables residents and businesses to assess their property’s risk from flooding, wildfires, and other weather-related catastrophes. The new tool, created in partnership by the Connecticut Insurance...
President Trump has nominated Travis Hill to serve as chairman of the Federal Deposit Insurance Corp. Hill has been serving as acting chairman since Jan. 20. He briefly served as vice chairman from Jan. 5 to Jan. 20. From 2018 to 2022, he was a senior advisor to the...
The US Supreme Court ruled that Federal Reserve Gov. Lisa Cook can remain in her position until it reviews the case over whether President Trump has the authority to remove her based on accusations of mortgage fraud. The court will hear the arguments in this case in...
Mortgage application activity slowed dramatically during the week ending Sept. 26, according to data from the Mortgage Bankers Association. The Market Composite Index, the MBA’s measure of mortgage loan application volume, dropped by 12.7% on a seasonally adjusted...
The National Association of Realtors (NAR) has warned that a prolonged shutdown of the federal government will imperil the National Flood Insurance Program (NFIP). NAR noted that the shutdown has resulted in the halting of NFIP’s authority to issue new policies, which...
