Tag: real estate agent

Republican members of the U.S. Senate have introduced new legislation designed to expand the oversight of federal housing programs, make changes to loan officer compensation for the origination of small-dollar mortgages, and create additional counseling requirements for homebuyers. The Renewing Opportunity in the American Dream … Continue readingRepublican senators introduce bill to expand federal oversight of housing programs

The Federal Reserve lowered its benchmark interest rate on Wednesday by 50 basis points (bps) to a range of 4.75% to 5%, turning an important corner in the central bank’s fight against inflation. The cut is the first since March 2020 after the Fed raised interest … Continue readingFed goes big, slashing interest rates by 50 bps

Democratic lawmakers in both the U.S. House of Representatives and the Senate have introduced a new bill into both chambers with a stated goal of constructing and preserving affordable housing. They also seek to create a new national housing development authority to provide an “alternative … Continue readingHouse, Senate Democrats introduce bill to preserve and build homes

After Hanna Holdings, the parent company of Howard Hanna Real Estate Services, filed a motion to dismiss, the Davis commission lawsuit plaintiff could have either filed a reply brief or an amended complaint. On Monday, the court got its answer, with the plaintiff’s counsel filing … Continue readingSlew of plaintiffs added to amended Davis homebuyer commission suit

Dawn Pfaff is a free-market evangelist, and that informs how she runs MyState MLS. The privately owned multiple listing service has taken a laissez faire approach since its launch in 2009, as it promises no fines and fewer rules than MLSs owned by Realtor associations. … Continue readingGame of chicken: Private MLSs stare down DOJ over settlement terms