Copycat commission lawsuit plaintiff Robert Friedman has filed a petition for a rehearing after his appeal of the final approval of the settlements in the Sitzer/Burnett and Gibson suits was turned down. In rulings in mid-August and early September, three-judge panels for the Eight Circuit Court of Appeals reaffirmed the final approval of the National […]
Objector petitions for rehearing in NAR settlement appeals Read More »
Key insight: The California legislature has passed a bill empowering the state’s own regulators to enforce fair-lending laws. What’s at stake: The legislation, which has yet to be signed by Gov. Gavin Newsom, arrives as the Trump administration rolls back enforcement of rules against unintentional discrimination. Expert quote: “I think it’s necessary because it’s clear
As feds retreat, California boosts fair-lending enforcement Read More »
Mortgage rates finally had a decent day on Thursday after spending the previous three days inching into the highest levels in more than a year. Part of the improvement was due to comments from Fed Governor Chris Waller who said that it wouldn’t be necessary to hike rates at the next meeting unless inflation data
Mortgage Rates Drop to Week’s Best Levels Read More »