Real Estate Agent Tools
CFPB Loses Key IMB Redlining Case
Feb. 3, 2023 (Staff Writer) — Earlier today, a District Court in Chicago ruled in CFPB v. Townstone Financial Inc. and Barry Sturner that the Equal Credit Opportunity Act (ECOA) does not extend to prospective applicants under a plain language reading of the...
See the Full Rankings for WSJ/Realtor.com’s Winter Emerging Housing Markets Index
Source: Mansion Global --- Affordable cities continue to dominate the housing market as rising mortgage rates have made most home purchases less affordable, pushing many buyers out. Homes are still sitting on the market longer, and more sellers are cutting prices. To...
Schumer Slams Trump’s Plan to Take Fannie Mae and Freddie Mac Public
Schumer declared without statistical evidence that Trump’s initiative would add between $1,800 to $2,800 to annual mortgage costs. Continue Reading Schumer Slams Trump’s Plan to Take Fannie Mae and Freddie Mac Public
Arrive Home Debuts New Iterations of Earned Equity Program
The new EEP Pathway designed for “ITIN and certain Visa statuses individuals who may be solid long-term renters looking to move on to homeownership.” Continue Reading Arrive Home Debuts New Iterations of Earned Equity Program
$3.5 Billion Montreal Mixed-Use Development to Include 7,000 Residential Units
Groupe Mach has unveiled its plans for the Langelier project, a $3.5 billion mixed-used development in Montreal that will encompass 7,000 residential units. The 1.45 million-square-foot project will encompass 5,700 market-rate residential units, 1,300 social and...
Investors Say ‘No, Thanks!’ to Buying Condos
While investors are shying away from condos, they are continuing to pursue single-family homes. Continue Reading Investors Say ‘No, Thanks!’ to Buying Condos
Mortgage Application Activity Drops as Home Prices Rise
The first quarter home prices were up on a year-over-year basis in 49 states and the District of Columbia; Hawaii was the lone state with a price decline. Continue Reading Mortgage Application Activity Drops as Home Prices Rise
Buffalo Council Approves 8% Property Tax Hike
Acting Mayor Scanlon put forth the 8% property tax levy increase proposal last month, claiming it would generate around $13.7 million. Continue Reading Buffalo Council Approves 8% Property Tax Hike
Trump Says He Will Take Fannie Mae and Freddie Mac Public
Trump did not provide a timeline or details for this endeavor. Continue Reading Trump Says He Will Take Fannie Mae and Freddie Mac Public
Greece Considers Penalty Tax on Property Owners of Vacant Homes
Among the European Union nations, Greece has the highest percentage of its population burdened by excessive housing costs. Continue Reading Greece Considers Penalty Tax on Property Owners of Vacant Homes
Hundreds of LA Wildfire Victims Not Receiving Aid Due to Loss of Mailing Addresses
“Getting relief into the hands of wildfire victims is a top priority for our Office,” said County Assessor Jeff Prang. Continue Reading Hundreds of LA Wildfire Victims Not Receiving Aid Due to Loss of Mailing Addresses
Strawberry Fields REIT Acquires 9 Missouri Healthcare Facilities for $59 Million
The nine facilities are comprised of 686 licensed beds. Continue Reading Strawberry Fields REIT Acquires 9 Missouri Healthcare Facilities for $59 Million
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