The Wall Street Journal is reporting that Fannie Mae (OTCQB: FNMA) maintains a “secret blacklist” of condominium communities that makes it difficult, if not impossible, for these properties to get a mortgage. The new report claims the blacklist “includes condo...
HUD’s new priorities, Gavin Newsom’s financial benefactors and a pair of high-profile acquisition stories – one genuine, one not. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 10-14. Hit: DEI is DOA. Kudos to Housing...
The chief executive of HomeServices of America, a division of Warren Buffett’s Berkshire Hathaway (NYSE: BRK), is denying a report that his company was in discussions to become acquired by Compass (NYSE: COMP). HomeServices President and CEO Gino Blefari sent a...
A Phil Hall Op-Ed: Ever since the National Association of Realtors (NAR) announced its $418 million settlement to settle the charges raised in the Sitzer/Burnett case, there has been a flood of bizarre articles, interviews and opinion pieces in the mainstream media...
Attacks on realtors by the Wall Street Journal and President Biden, a pair of unusual HUD endeavors and Chicago voters rejecting the “mansion tax.” From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 18-22....