AD Mortgage flags condo reserve rules in FHFA letter
AD Mortgage has launched a public policy initiative aimed at increasing its engagement with federal and state policymakers on housing finance issues, beginning with recommendations to the Federal Housing Finance Agency regarding condominium financing. The initiative has already taken off running. In
Homeowners in Black, Hispanic Neighborhoods Pay Significantly More for Home Insurance: Consumer Report
Homeowners living in predominantly Black and Hispanic neighborhoods are paying hundreds—even thousands—more per year for the same homeowners insurance coverage as homeowners in white neighborhoods, according to a new research report from the Consumer Federation of America (CFA). The nonprofit resear
COURT REPORT: Compass Targets Zillow With Ethics Complaints; Mega-Landlord Accused of Fair Housing Violations
Compass targets Zillow with consumer ethics complaints in dozens of states Compass filed state-level ethics complaints on July 14 through 30 Realtor® associations, at least 50 MLSs and multiple real estate regulators across 26 states, targeting Zillow and focusing on allegedly misleading property de
How high can mortgage rates go with Iran conflict 2.0?
It’s Monday and the Iran conflict looks like it will hit its 10th day straight of renewed missile and drone attacks. Oil prices are up a smidge today and the question now is: how much higher can mortgage rates go with so much already priced into the markets? 10-year yield and mortgage rates In the
Jazz in the Alley returns to Norcross with two performances this Saturday
Jazz in the Alley, a free, outdoor concert series touring metro Atlanta, is back at Thrasher Park in downtown Norcross this Saturday, July 25, with performances from The Human DJ and Lizzy Kay from 7:30 to 9:30 p.m. As with all outdoor events in and around Atlanta, evening thunderstorms in the forec
Joystick Gamebar’s next chapter begins this fall in East Atlanta Village
Edgewood Avenue cocktail bar and gaming lounge Joystick Gamebar will relocate to East Atlanta Village (EAV) later this fall. The bar, which includes old-school arcade and pinball games, and regularly hosts gaming clubs and game nights, pulled up stakes on Edgewood after 14 years there. Joystick will
NEXA Lending and former partner Mat Grella end legal fight
NEXA Lending CEO Mike Kortas said he has reached a global settlement with former business partner Mat Grella, ending a years-long legal battle over the ownership and control of the brokerage and several related entities. The agreement, reached in mediation and finalized on Monday, resolves “every si
Windermere names Diana Wall chief growth officer
Windermere Real Estate has created the role of chief growth officer and hired longtime industry executive Diana Wall to lead expansion across the company’s independent brokerage platform, the firm announced Monday. Wall brings nearly 30 years of residential real estate experience to the Seattle-base
Behind closed doors: The next phase of Compass’s Code of Ethics complaints against Zillow
As the National Association of Realtors (NAR) frequently stresses, one of the main things differentiating a real estate licensee from a Realtor is the Code of Ethics that Realtors are required to abide by in order to be a member of the trade association. Despite existing quietly in the background o
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