Author name: Ricky Vasquez

Customers slam Hometap with a wave of class action lawsuits

Home equity investment platform Hometap is facing a surge of litigation from its customers over its shared-appreciation contract product that litigants describe as “predatory and abusive.” Processing Content Consumers accuse Hometap of violating the Truth in Lending Act, for failing to treat their product as a mortgage loan. The recent cases create more scrutiny for […]

Customers slam Hometap with a wave of class action lawsuits Read More »

Newsom signs balanced budget with $1.7B locked-in for housing

This time last year, California Gov. Gavin Newsom signed a state budget that included sweeping housing reforms that allowed urban residential developers to avoid rigorous environmental reviews. This year’s budget, which Newsom signed on Monday, does not carry the same historic housing reforms as last year. Instead, it is historic for balancing the budget. “For

Newsom signs balanced budget with $1.7B locked-in for housing Read More »

When AI listing videos look too real: the disclosure test agents need now

In my last HousingWire column, I focused on reviewing AI-generated listing remarks before they reach the MLS. That was about what AI says about a property. This follow-up is about the line between effective marketing and misrepresentation. A listing video may show a drone-style approach, a smooth walkthrough, or a perfectly furnished interior. But what

When AI listing videos look too real: the disclosure test agents need now Read More »