NAR study: The U.S. homeownership rate rose to 65.5% in 2021 – but Black ownership (44%) lags white ownership (72.7%) by 29 percentage points.
The U.S. homeownership gap between Blacks and whites widened 1.5 percentage points from 2010 to 2021, according to a study by “Today’s Homeowner.”
CFPB: Websites that claim mortgage lenders “compete for your business” likely break federal laws under RESPA if all the participating lenders pay a fee to be there.
When does a seller’s obligation to disclose hidden defects kick in? That might be the wrong question. Here’s why that approach seems to miss the mark – and why many people correctly embrace the mantra disclose, disclose, disclose.
A website, rules and $5M in funding will help survivors of domestic and dating violence, sexual assault, and stalking under the Violence Against Women Act.
The condominium and cooperative riders will be updated on March 20 due to changes in law. The revisions are limited and address new documents buyers of certain condominiums and cooperatives are entitled to receive from sellers. Redline is attached.
Appraiser Qualifications Board chair: Appraisal bias “a threat to the public’s trust in the appraisal profession.” Proposed changes would mandate fair-housing education.
Some attorneys see a downside to people spending more time at home during the pandemic, saying they’ve seen a lawsuit increase over fences, trees, borders and more.
To fulfill the “promise of the 1968 Fair Housing act,” HUD’s rule requires the submission of “Equity Plans” every five years and “robust community engagement.”
Could you become a victim of phishing, ransomware or worse? Use this information to protect yourself and your clients.
