Title companies may still have to follow anti-money laundering rule after FinCEN appeal

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 ov
Read MoreEastwood Homes lands Peachtree Building Group in Atlanta

Eastwood Homes’ acquisition of Atlanta-based Peachtree Building Group – announced today – maps out on its surface as a straightforward expansion move. Eastwood Homes, our HousingWire Homebuilder Ranking’s No. 11-ranked private homebuilder, is a fast-growing Charlotte-based builder that, with this de
Read MoreHome equity cap tied to Medicaid eligibility is set to change

A new federal Medicaid rule will place a nationwide cap of $1 million cap on home equity for older adults who seek long-term care coverage, a change advocates say could increasingly affect middle-class homeowners in expensive housing markets. The provision, included in the Budget Reconciliation Act
Read MoreCompass agent with no coding experience builds local real estate hub using AI

A real estate agent with no technical background spent 11 months using artificial intelligence (AI) to build a hyperlocal educational website — aiming to replace what she calls a fragmented online landscape for buyers and sellers. Irina Norrell, who leads Compass’s Irina Norrell Team in the Washingt
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