
Biden administration’s parting gift to real estate is a lawsuit against Greystar
President Joe Biden is mere days away from leaving office, but his administration is taking one more shot at the real estate industry.The Federal Trade Commission (FTC) announced Thursday that it’s suing multifamily property manager Greystar for allegedly deceiving renters by adding mandatory fees t
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Foreclosure activity subsided in 2024. Is it a sign of housing market stability?
Attom‘s year-end 2024 foreclosure report revealed that 322,103 properties in the U.S. had some type of foreclosure filing — default notices, scheduled auctions or bank repossessions — last year. The data solutions company also reported that in fourth-quarter 2024, one in every 1,671 properties had a
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Longbridge files to remove ads from website in case against Mutual
Longbridge Financial, one of the largest reverse mortgage lenders in the country, is currently embroiled in a lawsuit against competitor and Home Equity Conversion Mortgage (HECM) endorsement leader Mutual of Omaha Mortgage. Now Longbridge has filed a motion in court seeking to take down material it
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