Two new data reports have determined home prices are continuing to rise while rental housing costs are still in decline. Redfin (NASDAQ: RDFN) reported home prices rose from one year earlier in December across all 50 of the most populous metropolitan areas – the first...
The US Department of Housing and Urban Development (HUD) announced a settlement with PHH Mortgage Corporation to resolve allegations that the company violated Federal Housing Administration (FHA) requirements by charging fees to borrowers when the borrower made a...
The Federal Trade Commission (FTC) reportedly preparing to sue Greystar Real Estate Partners, the country’s largest apartment landlord, claiming the firm charged tenants hidden fees. Greystar manages more than 108,000 units. The Wall Street Journal, sourcing its...
Cushman & Wakefield (NYSE: CWK) is pushing back on charges by the US Department of Justice (DOJ) that it has engaged with other companies in conspiring to jack up rents through the use of the RealPage software, arguing it is not a landlord and is not in the...
The death toll in the Los Angeles County wildfires rose to 24 confirmed deaths as more than 150,000 people were forced to evacuate from blazes that incinerated over 40,000 acres. According to combined media reports, the Palisades Fire, the largest of the five fire...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
