FBI warns of home title theft surge

The Boston division of the FBI is sounding the alarm over a rise in home title theft, aka quit claim deed fraud, a scheme in which scammers forge documents to steal property ownership and cash in on unsuspecting homeowners. “Folks across the region are having their roots literally pulled out from un
Read MoreHomes.com’s Andy Florance hits back at Zillow

The battle over Clear Cooperation, delayed listings, and private networks is reaching a boiling point—and the portals are right in the crossfire. CoStar CEO Andy Florance is the next leader to speak out after Zillow announced that beginning in May, any property publicly marketed must be entered into
Read MoreDid recent wild mortgage rate swings impact housing data?
Last week, the financial markets reminded us of their dynamism as the 10-year yield rose sharply, pushing mortgage rates higher, but did it impact the housing market data? We’ve witnessed a solid year with purchase application data and our pending home sales contract data has shown year-over-year gr
Read MoreCFPB freezes nonbank registry rule after industry pushback

The Consumer Financial Protection Bureau (CFPB) announced on Friday that it’s rescinding a rule from the previous administration that requires nonbank financial services providers to register certain enforcement actions and court orders with a new federal database. The regulation was the target of c
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