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FTC Sends $62 Million in Refunds to Home Sellers Cheated by Opendoor Labs
The FTC is sending checks to 54,689 consumers impacted by the company. Continue Reading FTC Sends $62 Million in Refunds to Home Sellers Cheated by Opendoor Labs
Housing Costs Help Drive Up Inflation in Latest Consumer Price Index Data
“People keep telling me rents are falling, I keep saying they aren’t,” said financial commentator Mike “Mish” Shedlock. Continue Reading Housing Costs Help Drive Up Inflation in Latest Consumer Price Index Data
Additional Reading: Top Real Estate Industry News & Headlines
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Housing Trade Groups Warn Powell That Fed Policies Fuel ‘Ongoing Market Uncertainty’
“Today, the spread between 30-year mortgage rates and 10-year Treasury yield is at historically high levels,” the trade groups warned. Continue Reading Housing Trade Groups Warn Powell That Fed Policies Fuel ‘Ongoing Market Uncertainty’
NAR’s Chief Economist Warns That Jobs Report Does Not Guarantee a Healthier Economy
Lawrence Yun added that the Federal Reserve needs to reconsider its fiscal policy as quickly as possible. Continue Reading NAR’s Chief Economist Warns That Jobs Report Does Not Guarantee a Healthier Economy
SEC Charges Podcaster in Real Estate Ponzi Scheme
The U.S. Securities and Exchange Commission (SEC) charged Matthew Motil, host of the podcast “The Cash Flow King,” with fraudulently raising approximately $11 million from more than 50 investors in a Ponzi scheme involving notes purportedly backed by residential...
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