New York Real Estate Blog
Click on Post Title to view entire Post
Update: Moehrl Anti-Trust Lawsuit Against National Association of REALTORS and Real Estate Franchisors
Real estate agents and brokers have been eagerly following the Moehrl anti-trust lawsuit No. 19-cv-01610 filed in the District Court for the Northern District of Illinois Eastern Division in March 2019. This lawsuit is against defendants, National Association of...
Federal Housing Finance Agency (FHFA) announces delay in implementation of New Upfront Fees to August 1
Fannie Mae and Freddie Mac have been in the news recently due to a new fee aimed at riskier borrowers who take out loans that may stretch their finances. This fee was set to be implemented on May 1st, but the Federal Housing Finance Agency (FHFA) has since announced...
The Current Housing Market: An Overview of Weekending March 18, 2023
The housing market is constantly fluctuating, and keeping up to date with the latest data is essential for both real estate agents and mortgage loan officers. During the week-ending March 18, 2023, the market had a roller coaster ride as the 10-year yield and mortgage...
Fannie Mae’s New Appraisal Waiver Option for Home Buyers Value Acceptance + Property Data
On April 15th, 2021, Fannie Mae will be launching a new appraisal waiver "Value Acceptance + Property Data" option to simplify the home buying process. This new option will allow qualified buyers to get their loan approved without needing an appraisal. Let’s take a...
Breaking Down the Anti-Trust Lawsuit Between Top Agent Network and National Association of REALTORS
In recent years, the real estate industry has been rife with legal battles and policy changes. One key development is Top Agent Network (TAN)'s anti-trust lawsuit against the National Association of Realtors (NAR), challenging NAR's policy aimed at curbing pocket...
Housing Market Data Week Ending March 10, 2023
Welcome to our weekly housing market update, where we dive into the latest trends and news surrounding the real estate industry. The week ending March 10, 2023, brought some interesting changes, particularly in the areas of purchase application data, inventory levels,...
Fannie Mae and FHA Mortgage Changes
Fannie Mae Considering Alternatives to Title Insurance Fannie Mae is reportedly looking to pilot a program that would bypass traditional mortgage and title insurance requirements. This could be a major shift in the way mortgages are handled, and it could have...
Agents file Lawsuit against one of the largest Coldwell Banker Franchises over franchise fees
Four real estate agents in North Carolina have filed a class-action lawsuit against Coldwell Banker's largest franchisee, alleging that it pocketed commission fees intended for the franchisor. The complaint alleges that Wilmington-based Coldwell Banker Seacoast...
The US Housing Market Last Week: a Look at the Data
The US Housing Market Last Week: A Look at the Data Last week, the US housing market saw a number of changes that have left many real estate agents wondering what to expect in the coming weeks and months. Here's a rundown of some key data points: Purchase application...