Real estate news

• Judge rules DOJ can pursue FHA lending charges against Quicken Loans

  10-03-2017 23:58
  
  A U.S. District judge ruled that the Department of Justice can pursue its charges against Quicken Loans over FHA lending violations. Don’t hold your breath on hearing the case play through though. The trial won’t begin until April 2019.
  
  Read more

• Trump aide, top Republican staffers, BlackRock exec among Mnuchin's top staff at Treasury

  10-03-2017 23:45
  
  A former top aide to the campaign of President Donald Trump, two top Republican staffers, and a former executive at BlackRock will serve as the senior staff to Steven Mnuchin, the Department of the Treasury announced Friday. The four staffers will serve as key advisors on areas ranging from the federal budget, to tax reform, legislative issues, domestic finance, housing finance policy, and regulatory reform.
  
  Read more

• President Trump promises to lift regulations for community banks

  10-03-2017 23:39
  
  President Donald Trump held a listening session Thursday to hear from community banks about their struggles with regulations. He assured the bankers that a rollback in regulations is coming soon, and that community banks could soon hold a seat once again on the Federal Reserve Board.
  
  Read more

• Here’s how HUD’s possible $6B cut could affect housing

  10-03-2017 21:30
  
  The U.S. Department of Housing and Urban Development recently announced a possible $6 billion budget cut. The budget cut isn't final, however a new report from Trulia shows what effects the cuts could have on housing.
  
  Read more

• Advertisement

• HUD sanctions Illinois' Alpine Bank & Trust over fair lending violations

  10-03-2017 21:18
  
  The Department of Housing and Urban Development announced Friday that Alpine Bank & Trust is being sanctioned over fair lending violations. The charges stemmed from a complaint filed by the HOPE Fair Housing Center of Wheaton, Illinois, which filed a complaint with HUD claiming that the lender’s business service areas excluded majority African-American and Hispanic neighborhoods.
  
  Read more

• New bill threatens CFPB's freedom as independent agency

  10-03-2017 20:52
  
  The Consumer Financial Protection Bureau’s freedom as an independent agency to enact regulation could soon change due to a new bill working its way through Congress. This bill, "OIRA Insight, Reform, and Accountability Act," has already made its way through the House and has moved onto the Senate Committee on Homeland Security and Governmental Affairs. Will the industry finally get the regulatory relief it's been asking for if the bill passes?
  
  Read more

• LendingHome rolls out online mortgage for first-time homebuyers

  10-03-2017 19:24
  
  LendingHome, a marketplace lender and HousingWire 2017 Tech 100 winner, announced its new one-stop online mortgage designed with the needs of first-time homebuyers in mind. Barely three years old, here’s the latest installment in the company’s growth.
  
  Read more

• Top trade organizations support barring use of Fannie, Freddie g-fees for federal spending

  10-03-2017 19:10
  
  A consortium of the housing industry’s top trade organizations declared their collective support for an ongoing effort in Congress to permanently bar the use of funds raised from Fannie Mae and Freddie Mac’s guarantee fees to cover federal spending in areas not related to mortgages. Here's the skinny.
  
  Read more

• Advertisement

• Positive jobs report confirms March rate hike

  10-03-2017 18:36
  
  Experts explain that the stronger-than-expected jobs report solidifies the chance of a rate hike in March. In fact, one expert even predicted there will be a total of four rate hikes in 2017. However, experts point out the report was not all good news, and are concerned with the tepid wage growth.
  
  Read more

• Home Depot agrees to $25 million settlement with banks over data breach

  10-03-2017 18:17
  
  Home Depot agreed to pay $25 million to a number of banks in a settlement over the home improvement retailer’s 2014 data breach that impacted more than 50 million consumers. The settlement is just the latest in a string of settlements over the massive data breach, which Home Depot confirmed back in September 2014.
  
  Read more

• Strong February jobs report led by construction boom

  10-03-2017 15:16
  
  February’s employment report came in far above expectations led by a strong gain in construction jobs. This report, which even outpaced January’s strong report, was one of the last economic factors the Fed needed to see before deciding on a March rate hike.
  
  Read more

• Think compliance is hard now? Wait till the new HMDA regs kick in

  10-03-2017 07:28
  
  “I’m amazed that we can’t do HMDA right — it’s been around since the 70s,” Konyk said. “If you can’t get HMDA right now when there are only, for example, three possible demographic answers, God help you next year when there are over 20.”
  
  Read more

• Legacy Leaders: ​D'Ann Harper grew her real estate company by caring - San Antonio Business Journal

  10-03-2017 02:00
  San Antonio Business Journal
  Legacy Leaders: ​D'Ann Harper grew her real estate company by caring
  San Antonio Business Journal
  While her residential real estate company has grown to more than 400 Realtors and has facilitated hundreds of thousands of home sales in San Antonio, her goal has stayed the same: to foster a family culture.
  Real Estate Roundup: Domain Northside dishes new eateries; Huge industrial deal closesAustin Business Journal
  Doubts creep into Portland's booming commercial
  
  Read more

• Bluestone real estate firm changes name to Shyft Collective - Columbus Business First

  10-03-2017 01:59
  Bluestone real estate firm changes name to Shyft Collective
  Columbus Business First
  It provides planning, design, project execution and facility relocation services to organizations undergoing real estate changes. “Shyft Collective is a name which reflects what our company does - we are the experts in managing change,” CEO Brandon ...
  
  Read more

• Former real estate executive, wife launch Modern Acupuncture - Austin Business Journal

  10-03-2017 01:57
  Austin Business Journal
  Former real estate executive, wife launch Modern Acupuncture
  Austin Business Journal
  Debi and Tom Etheredge are two Austin franchisees of Modern Acupuncture. Two other locals… more. Let's get right to the point: Tom and Debi Etheredge are opening Modern Acupuncture, a chain of locations where customers can receive healing and ...
  
  Read more

• Carolantic's Moss Withers takes top honor at commercial real estate awards show - Triangle Business Journal

  10-03-2017 01:54
  Triangle Business Journal
  Carolantic's Moss Withers takes top honor at commercial real estate awards show
  Triangle Business Journal
  The Triangle Commercial Association of Realtors held its annual Frontier Awards event Tuesday at PNC Arena in Raleigh, recognizing more than 50 of the Triangle's top-producing commercial real estate brokers in the region. Sponsored by ...
  
  Read more

• Millinocket real estate company says national monument is drawing in business - WCSH6.com

  10-03-2017 01:42
  
  WCSH6.com
  Millinocket real estate company says national monument is drawing in business
  WCSH6.com
  MILLINOCKET, Maine (NEWS CENTER) — Just last month, Gov. LePage sent a letter to President Trump asking him to reverse the order signed by President Obama that designated land in the Katahdin Region as a national monument. The Governor fears it ...and more »
  
  Read more

• Real estate investment company leaves homeowners in foreclosure - WSPA.com

  10-03-2017 00:25
  
  WSPA.com
  Real estate investment company leaves homeowners in foreclosure
  WSPA.com
  GREENVILLE CO., S.C. (WSPA) – For some homeowners desperate to sell their homes, a Greenville real estate investment company seemed like the answer to their prayers. The company, called Kingdom Connected Investments, offered a solution to keep ...
  
  Read more

• White House Weighs a $6 Billion Cut to HUD

  10-03-2017 00:00
  The Trump administration reportedly is considering cuts at the Department of Housing and Urban Development of more than $6 billion, which could...
  
  Read more

• Watch Out for This When It Comes to Flips

  10-03-2017 00:00
  Home flipping is growing again, and some real estate pros are warning buyers to be cautious and do their homework before purchasing a flip.
  
  Read more

• Only 1 in 10 Have Smart Home Gadgets So Far

  10-03-2017 00:00
  If your sellers have smart-home devices, they’re still ahead of the curve. Connected home solutions are still in the early adopter phase...
  
  Read more

• Mortgage Rates Zoom to 2017 High

  10-03-2017 00:00
  Borrowers were met with the highest mortgage rates of the year this week. 
  
  Read more

• Buy vs. Rent Index Says ‘Buy’

  10-03-2017 00:00
  "This is great news for homeownership and the financial returns to ownership,” according to economists detailing the latest findings...
  
  Read more

• 6 People Real Estate Pros Should Know

  10-03-2017 00:00
  If you want to make a living in real estate, you can't rely on friends, family, and former clients to keep your funnel of leads full. You need...
  
  Read more

Follow @RealEstate_Nws_ on Twitter!