The U.S. Department of Veteran Affairs (V.A.) announced on Wednesday morning a program to purchase defaulted V.A. loans from mortgage services and place them in its portfolio at a fixed 2.5% interest rate. The Veteran... Read more »
Keller Williams is named in another class-action lawsuit that contests alterations made to the brokerage’s profit-sharing program. There are now six class-action lawsuits against KW that challenge the company’s profit-sharing program adjustments.... Read more »
The state of California is maintaining its mortgage relief program funded by the 2021 American Rescue Plan, which includes assistance for reverse mortgage borrowers. But the funding is running low and could... Read more »
Earlier this month, President Biden during his State of the Union announced several initiatives to address housing affordability in our country. We have long supported thoughtful efforts to ensure greater housing opportunity... Read more »
Three agents formerly affiliated with Keller Williams Realty — Jerri L. Moulder, David L. Bueker and Robert E. Hill — have taken legal action against the real estate brokerage by filing three... Read more »
The federal government quietly announced it would begin giving loans for conversions of vacant commercial space near public transit into housing last October, but developers who have applied have yet to receive... Read more »
Despite the protests of the title insurance industry, Fitch Ratings does not believe the lender title insurance waiver pilot program for certain refinance transactions announced by the Federal Housing Finance Agency (FHFA)... Read more »
A state-level program in Connecticut that pays caregivers living with loved ones who require special attention, and is designed to facilitate aging in place, is seeing a surge in demand across the... Read more »
Skanska completed a 90-day pilot program using the Volvo EC230 Electric excavator on the Purple (D Line) Extension Transit Project in Los Angeles, at the South Yard of the La Brea station. Skanska’s... Read more »
The U.S. Department of Veteran Affairs is still moving forward with its servicing purchase program, despite a hearing in the U.S. House Committee on Veterans Affairs last week raising uncertainties about its... Read more »