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Trade groups express concern to FHFA over historic credit data

Housing Wire

The VantageScore dataset that is scheduled to be made available includes information going back to 2013, which is not far enough, the groups assert. FHFA was comfortable approving VantageScore 4.0 for use by the GSEs based on limited historical data,” the letter reads.

Legal 377
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The housing industry’s disparate impact hopes

Housing Wire

Mortgage industry groups on Tuesday made their voices heard in response to the Department of Housing and Urban Development ’s proposed reinstatement of its 2013 disparate impact rule. Numerous industry stakeholders asked HUD to make some changes to the regulation to raise and further explain the threshold for disparate impact claims.

Legal 378
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Visa, Plaid terminate $5.3 billion merger agreement

Housing Wire

We believe the combination of Visa with Plaid would have delivered significant benefits, including greater innovation for developers, financial institutions and consumers. Since its founding in 2013, Plaid has collected $309.3 million in funding.

Investors 347
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Fannie Mae pays $53M to settle recession-era discrimination suit

Housing Wire

As part of the settlement agreement, Fannie Mae will pay $53 million, $35 million of which will go toward access to credit, property rehabilitation, residential development in African American and Latino communities and fair housing education, counseling and outreach. Wells Fargo settled with NFHA over similar claims in 2013, for $39 million.

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FSBO Ethics: What to Consider When Working with FSBOs

McKissock

However, in-person visits are legal. A 2013 Zillow forum asked: “Is it ethical for a Realtor® to advise me that I am unlikely to sell my home using for sale by owner?” Steven has served as Associate Editor for a real estate magazine and is the author of a 104-page e-book on How to Buy, Develop, Lease, and Sell Real Estate.

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6 best Michigan real estate schools for 2024

Housing Wire

Choose from 4 hr elective (Court Cases + Reports) & 2 hr legal update & more Virtual: Required 6 hrs of 1st-yr renewal coursework. Includes recent court case reviews, FBI updates & 2 hour legal update Home Study: Required 6 hrs of 1st-yr renewal coursework. Live class via Zoom on designated dates / times.

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10 Things to Know BEFORE Moving to Clayton NC: Living in Clayton

Raleigh Realty

With more residents deciding to own their own homes over renting, there are a variety of subdivisions and new developments to choose from. As more and more people are deciding to move to Clayton due to its convenient location near Wake County, developers and builders are setting their sights on the area for new construction.