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FTC Sues Zillow and Redfin Over ‘Unlawful Agreement’ on Rental Housing Listings
The FTC warned the agreement could create higher prices and worse terms for multifamily unit advertising. Continue Reading FTC Sues Zillow and Redfin Over ‘Unlawful Agreement’ on Rental Housing Listings
CoStar Group Accuses Zillow of Ongoing Copyright Infringement Despite Lawsuit on Using Watermarked Photographs
“Despite being caught red-handed blatantly stealing our copyrighted work, Zillow has double downed to exploit thousands of additional copyrighted images without any shame,” said CoStar founder and CEO Andy Florance. Continue Reading CoStar Group Accuses Zillow of Ongoing Copyright Infringement Despite Lawsuit on Using Watermarked Photographs
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
Report: Rising Construction Costs Fueled Cancelation of HGTV Home Renovation Shows
HGTV has canceled seven shows over the past several weeks. Continue Reading Report: Rising Construction Costs Fueled Cancelation of HGTV Home Renovation Shows
Federal Judge Orders HUD to Resume Fair Housing Grant Funding to Nonprofits
District Judge Sparkle L. Sooknanan, a Biden appointee, gave HUD an Aug. 4 deadline to report how it planned to meet its fiscal year obligations on FHIP grant distribution. Continue Reading Federal Judge Orders HUD to Resume Fair Housing Grant Funding to Nonprofits
A Phil Hall Op-Ed: 10 Questions for FHFA’s Bill Pulte
GSE reform, credit scoring policy and conflicts of interest are discussed. Continue Reading A Phil Hall Op-Ed: 10 Questions for FHFA’s Bill Pulte
UWM and Bilt Partner on Rewards Program for Mortgage Payments
“This platform helps brokers win new, high-intent, leads from Bilt’s ecosystem,” said UWM’s Mat Ishbia. Continue Reading UWM and Bilt Partner on Rewards Program for Mortgage Payments
Experian Offers Free VantageScore 4.0 to Mortgage Lenders
“Experian is dedicated to fostering a more competitive mortgage landscape,” said CEO Brian Cassin. Continue Reading Experian Offers Free VantageScore 4.0 to Mortgage Lenders
PHH Mortgage Debuts FlexIQ Suite of Non-QM Products
FlexIQ will replace PHH’s previously offered Gold/Silver/Bronze non-QM programs. Continue Reading PHH Mortgage Debuts FlexIQ Suite of Non-QM Products
Non-QM Lender Angel Oak Mortgage Solutions Debuts 5- and 7-Year Adjustable-Rate Mortgages
“This launch underscores our commitment to supporting the non-QM ecosystem,” said Tom Hutchens, president of Angel Oak Mortgage Solutions. Continue Reading Non-QM Lender Angel Oak Mortgage Solutions Debuts 5- and 7-Year Adjustable-Rate Mortgages
Mortgage Rates Go Into Decline
The 30-year fixed-rate mortgage averaged 6.30% as of Oct. 9. Continue Reading Mortgage Rates Go Into Decline
Mortgage Credit Availability Edged Up in September
“Mortgage credit availability increased to its highest level in four months,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Edged Up in September
Report: Mortgage Debt Accounted for Nearly Three-Quarters of All Consumer Debt in August
In August, total US consumer debt totaled $17.91 trillion, up 2.1% year-over-year. Continue Reading Report: Mortgage Debt Accounted for Nearly Three-Quarters of All Consumer Debt in August
Mortgage Application Activity Slows Down Again
Among the federal programs, the FHA share of total applications increased to 18.5% from 16.8% the week prior. Continue Reading Mortgage Application Activity Slows Down Again
Second Prosecutor Balks at Trump Pressure to Indict Letitia James for Mortgage Fraud
Elizabeth Yusi has been with the Department of Justice for 18 years and has been a US Assistant Attorney for the last 10 years. Continue Reading Second Prosecutor Balks at Trump Pressure to Indict Letitia James for Mortgage Fraud
First Residential Independent Mortgage, a New Lender, Begins Operations
The new company will specialize in conventional and FHA loans and will offer down payment assistance loan products through its existing partnerships. Continue Reading First Residential Independent Mortgage, a New Lender, Begins Operations
