At a press conference on Wednesday, April 22 (attended virtually by RISMedia), Director of the Federal Housing Finance Agency (FHFA) Bill Pulte and Housing and Urban Development (HUD) Secretary Scott Turner announced that “effective immediately,” government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac will begin accepting new credit scores, VantageScore 4.0 and FICO 10T, for…

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Spring is the busiest season for home sales, but the ‘dream home’ narrative often ends abruptly once the inspector arrives. Visible mold or a history of moisture issues frequently leads to inspection contingencies, allowing buyers to back out or demand costly repairs, while lenders may refuse financing on affected homes.  Restoration 1 owners Vanessa and…

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With a shareholder vote just days away during the company’s annual meeting on whether to reincorporate from Delaware to Texas, eXp World Holdings filed additional proxy materials with the Securities and Exchange Commission (SEC) early this week, making a pointed argument that its planned departure from its corporate home has nothing to do with the…

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Editor’s Note: The RISMedia series Legislative Round-Up looks at pending and passed federal and state-level legislation that impacts real estate professionals. Illinois Realtors® back Governor JB Pritzker’s housing plan to revise zoning  Illinois Governor JB Pritzker, who has been speculated as a 2028 Democratic presidential candidate, appears to be cultivating a relationship with the Illinois…

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While there have been some stabilizing signs in the housing market—home price appreciation has significantly slowed and inventory is showing year-over-year growth—the construction industry continues to face challenges. Beyond the supply chain and overall economic issues for builders, land prices and inventory have yet to recover from pandemic-era downfalls, according to the latest data from…

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Tuesday morning, the Senate Banking, Housing, and Urban Affairs Committee held a confirmation hearing for Kevin Warsh, President Donald Trump’s nominee to succeed Jerome Powell as chair of the Federal Reserve. Warsh previously served on the Federal Reserve Board of Governors, appointed by President George W. Bush in 2006 and remaining until 2011. He has…

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“I can prove anything by statistics except the truth.” That witticism, attributed to 19th century British orator and statesman George Canning, highlights something that remains extremely relevant today in the information age. While we have nearly unlimited access to data and analysis, they aren’t always—or perhaps often—leading us closer to the answers we seek. Case…

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The potential of a spring boom appears to still be on the table as pending home sales recorded another uptick in March, according to the latest data from the National Association of Realtors® (NAR). The future outlook, however, continues to be on shaky ground as the Iranian conflict persists. NAR’s Pending Home Sales report found…

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Personable and communicative. For agents and clients who’ve worked with Shannon McNulty, those are likely the first qualities that come to mind. McNulty, a 12-year real estate pro and proud military veteran, has a deep respect for the people she serves and works with. She prides herself on her communication skills and reliability. After spending…

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Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. eXp added as a defendant in Zillow RESPA case According to an amended complaint filed last week in Taylor v. Zillow, eXp Realty has been added as a defendant, being accused of supporting…

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