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Supreme Court Offers Mixed Ruling in Michigan Equity Theft Case

Supreme Court Offers Mixed Ruling in Michigan Equity Theft Case

by Phil Hall | Jun 23, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

The US Supreme Court provided a partial victory to a Michigan family whose home was sold and seized at below market value to pay relatively small tax bill. According to combined media sources, Michael Pung and his family lost their home over a $2,242 tax debt....
Judge Strikes Down FinCEN Rule Aimed at Money Laundering in Real Estate

Judge Strikes Down FinCEN Rule Aimed at Money Laundering in Real Estate

by Phil Hall | Mar 20, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

A federal court in Texas vacated the Financial Crimes Enforcement Network’s (FinCEN) 2024 residential real estate reporting rule that required for title companies to report non-financed transfers to entities and trusts. The FinCEN rule requires title companies...
CFPB in Settlement with Townstone Financial Over Alleged Chicago Redlining

CFPB in Settlement with Townstone Financial Over Alleged Chicago Redlining

by Phil Hall | Nov 4, 2024 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) has filed a proposed order to resolve charges that Townstone Financial, a nonbank mortgage broker and lender, intentionally discriminated against predominantly Black neighborhoods in Chicago in violation of the Equal...

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