Author name: Ricky Vasquez

Pennsylvania lawmakers are moving to bring home equity investment (HEI) companies under state banking oversight, with a floor vote scheduled June 1. The legislation, House Bill 2120, would subject shared appreciation agreements to similar regulations as those governing traditional lenders. The proposed action comes as a state representative accuses one company of attempting to “mislead” […]

While Chicago-based federal Judge John Tharp, Jr. did order Midwest Real Estate Data (MRED) to restore its listing feeds to Zillow on Friday, amid the listing portal giant’s antitrust lawsuit against the Chicagoland MLS and Compass International Holdings, Zillow’s Chicagoland listings may still be at risk. The order partially granted Zillow’s motion for a temporary

An appeal filed earlier this month by the Financial Crimes Enforcement Network (FinCEN) seeks to reverse a court decision vacating a rule requiring title insurance companies to report details of millions of residential real estate transactions. That nationwide anti-money laundering (AML) rule was overturned March 19 by U.S. District Judge Jeremy Kernodle of the Eastern