HousingWireHousingWire Cyberattacks using gen AI are on the rise, experts warn, and title companies, lenders and real estate firms are all in the crosshairs. On Tuesday, the FBI released a public service announcement warning that bad actors are now enlisting gen AI to commit more sophisticated forms of financial fraud….
Continue reading →HousingWireHousingWire Judge Stephen R. Bough’s ruling that granted final approval to the National Association of Realtors‘ (NAR) commission lawsuit settlement agreement is facing yet another appeal. On Tuesday, Robert Friedman filed an appeal of Bough’s ruling with the Eighth Circuit Court of Appeals. Friedman had previously filed a copycat commission lawsuit…
Continue reading →HousingWireHousingWire A coalition of six federal regulatory agencies, along with state financial regulators, have issued an interagency statement on the realities of elder financial exploitation (EFE) and its potential economic impacts on older Americans. The federal regulators that stamped their names on document include the Consumer Financial Protection Bureau (CFPB),…
Continue reading →HousingWireHousingWire The past year may have been a turbulent one for HomeServices of America, but according to executive vice president Chris Kelly, this just means the company is in an even better position heading into 2025. “When I look back on this year, for me and I think for HomeServices…
Continue reading →HousingWireHousingWire Removing the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac from federal conservatorship — where they have been since the aftermath of the 2008 financial crisis — has been a longtime priority of Republican leaders in government. President-elect Donald Trump has spoken about it during his first term in…
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