Housing Wire
MAY 3, 2024
In a notice published on Friday, Virginia Realtors wrote that “upon analysis of this ‘touring agreement’ form, Virginia REALTORS does not believe it is in compliance with the requirements of Virginia law.” We are in the process of piloting the touring agreement in select markets where it aligns with local rules.
Housing Wire
OCTOBER 19, 2021
The passage of the so-called “heartbeat bill” in Texas and similar laws in other states, access to legal and safe abortions has become a major concern for some recent movers. About one-in-seven people who recently moved said they would not live in a place where abortion is fully legal, according to a Redfin report released this week.
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Housing Wire
OCTOBER 23, 2023
Just prior to the plaintiffs resting their case late Monday afternoon, HomeServices of America , one of the three remaining defendants in the commission lawsuit , filed a motion for judgment as a matter of law. According to Goldberg, NAR takes antitrust law very seriously and it instructs members to not fix or control commissions.
Housing Wire
OCTOBER 26, 2023
During plaintiff lead attorney Michael Ketchmark’s cross examination of Warner, he presented her with some statistics showing that HomeServices affiliated agents in four Missouri markets paid buyer broker commissions of roughly 3% in at least 88% of the transactions completed between 2015 and 2022. We don’t want people unrepresented.”
Housing Wire
NOVEMBER 18, 2022
This article addresses two legal issues relevant to the review: FHFA’s statutory authority to reduce the number of Federal Home Loan Banks, and The application of the FHLBank statutory “super lien”. This provision may be challenged by the affected FHLBank under legal process. imposes market discipline).
Housing Wire
MAY 4, 2022
Rohit Chopra, director of the Consumer Financial Protection Bureau , assured lenders in a statement that the act of collecting the data “does not violate the Equal Credit Opportunity Act” or regulations based around implementing that law. But what the federal government will do with the data after it is collected is less clear.
Housing Wire
APRIL 4, 2023
The Consumer Financial Protection Bureau (CFPB) issued a new policy statement on Monday that outlines standards for the legal prohibition of abusive conduct in consumer financial markets, summarizing over a decade of precedent. Abusive conduct prohibitions were established in the wake of the 2008 financial crisis.
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