HUD reaches agreement with Texas county over alleged misuse of disaster buyout program

The U.S. Department of Housing and Urban Development (HUD) on Friday announced an agreement with Harris County, Texas, to settle allegations of discrimination based on race and national origin in its “design and operation of its Post Disaster Relocation and Buyout Program.”While the county is party
Read MoreWhy new-home sales had such a big beat
The new home sales report had such a big beat today that many people had to double-check the numbers — and I get it. The estimates were for 623,000 but the sales came in at 739,000. This isn’t my first rodeo with new home sales data and I believe these numbers will be revised lower, but a beat is a
Read MoreDOJ thumps RealPage with another antitrust lawsuit over AI-driven rent pricing

The Department of Justice (DOJ) continues to take aim at alleged antitrust violations in the real estate industry.The DOJ filed a civil suit against RealPage on Friday, claiming that the company’s YieldStar and AI revenue management (AIRM) software allowed multifamily landlords to artificially infla
Read MoreMontana’s reverse mortgage program could have room for industry collaboration

Montana’s unique Reverse Annuity Mortgage (RAM) program is a state-sponsored reverse mortgage, with lower interest rates and proceeds along with a higher minimum qualifying age that distinguishes it from the Home Equity Conversion Mortgage (HECM) program through the Federal Housing Administration (F
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