HousingWireHousingWire In an extraordinary move stemming from a 2020 redlining lawsuit, an official working with the Consumer Financial Protection Bureau (CFPB) at the behest of the White House Office of Management and Budget (OMB) alleges that the bureau improperly sought a lawsuit against Chicago-based nonbank mortgage lender and brokerage Townstone…
Continue reading →HousingWireHousingWire If you’ve been thinking about becoming a real estate agent in Connecticut, you’ve landed on the right page. You’ll need to complete 60 hours of pre-licensing education to be eligible to sit for the real estate exam. After you’ve passed, post-licensing and continuing education courses will be required to…
Continue reading →HousingWireHousingWire Seeking to align with recent executive orders issued by President Donald Trump, the Federal Housing Administration (FHA) announced on Wednesday the publication of a new mortgagee letter (ML) that restricts qualification for FHA-backed mortgages to U.S. citizens or permanent residents. The measure applies to all Title II single-family mortgage…
Continue reading →HousingWireHousingWire While many measurements of retirement readiness suggest that older Americans will fall short of maintaining their quality of life after completing their careers, the overwhelming majority of retirees (92%) report in surveys that they are either “moderately” or “very” satisfied. This disconnect may mean that retirement satisfaction surveys may…
Continue reading →HousingWireHousingWire Under the National Association of Realtors’ (NAR) new Multiple Listing Options policy, the trade group is allowing listing agents, with the signed consent and direct permission of their seller client, to delay publicly marketing a listing through Internet Data Exchange (IDX) feeds and syndication. While this means delayed marketing…
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