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Connecticut Cities Increase Fines Against Landlords with Blighted Properties

Connecticut Cities Increase Fines Against Landlords with Blighted Properties

by Phil Hall | Aug 15, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A pair of Connecticut cities are taking a tougher new approach to fighting neighborhood blight by upping fines against the owners of the rundown properties. WFSB reports the City of New Haven announced a new plan that increases the fine for a blighted property from...
Two British Columbia Realtors Fined Over Self-Identification in Social Media Accounts

Two British Columbia Realtors Fined Over Self-Identification in Social Media Accounts

by Phil Hall | Jan 13, 2025 | Current News & Events, International Real Estate News, Market Snapshot, Real Estate News, WRE News Exclusive

Two British Columbia realtors have been fined by the provincial regulator due to problems in how they identified themselves on their social media accounts. InfoNews.ca reports the BC Financial Services Authority (BCFCA) decisions fined realtors Xin Bo (Angela) Guo...
CFPB Fines NewDay USA $2.25 Million Over Misleading Costs on Cash-Out Refinance Loans

CFPB Fines NewDay USA $2.25 Million Over Misleading Costs on Cash-Out Refinance Loans

by Phil Hall | Aug 30, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) has fined New Day Financial (NewDay USA) $2.25 million for problems related to active duty servicemembers and veterans seeking cash-out refinance loans. New Day Financial is a nonbank direct mortgage lender headquartered...
Real Estate Investor Fights $180K Fine for Illegal Airbnb at Las Vegas Property

Real Estate Investor Fights $180K Fine for Illegal Airbnb at Las Vegas Property

by Phil Hall | Jun 17, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A real estate investor was who was fined $180,000 by the City of Las Vegas for having an unauthorized Airbnb at his property is blaming his tenant for running afoul of local laws and berating the local authorities for not informing him of this problem earlier....
CFPB Fines NewDay USA $2.25 Million Over Misleading Costs on Cash-Out Refinance Loans

CFPB Penalizes Freedom Mortgage and Realty Connect for Kickback Scheme

by Phil Hall | Aug 17, 2023 | Current News & Events, Industry Updates, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) has levied a $1.75 million fine against Freedom Mortgage Corp., accusing the Boca Raton, Florida-based lender of providing illegal incentives to real estate brokers and agents in exchange for mortgage loan referrals. The...

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