President Donald Trump’s executive order targeting mortgages addresses several concerns raised by banks and nonbanks, which have largely welcomed it as a road map for regulatory change. But it’s also receiving pushback from consumer advocates. Friday’s order on “promoting access to mortgage credit” aims to boost lending by community banks (with less than $30 billion…
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New Virginia Gov. Abigail Spanberger’s first-year housing agenda delivered new money and new tools for affordable housing preservation, but it fell short on the package’s biggest supply-side proposal: a statewide push to allow multifamily housing by right in many commercially zoned areas. A pair of bills would have required local zoning codes to allow multifamily…
Compass is dismissing its antitrust lawsuit against Zillow over the listing portal giant’s listing access standards policy. The Robert Reffkin-helmed firm filed its motion to dismiss the lawsuit without prejudice, meaning that Compass could file another lawsuit against Zillow with similar claims in the future, in U.S. District Court for the Southern District of New…
Our transparent real estate market, though not perfect, remains the envy of most of the world because of how efficient it is, Bess Freedman writes.