HWmember

5 states sue Zillow, Redfin over $100M agreement after FTC suit

Arizona, Connecticut, Federal Trade Commission, HWmember, Legal, New York, Real Estate, Redfin, Regulatory, Virginia, Washington, Zillow / Ricky Vasquez

Zillow and Redfin are facing yet another lawsuit related to their multifamily rental syndication deal. On Wednesday, attorneys general in Virginia, Arizona, New York, Connecticut and Washington filed a lawsuit in U.S. District Court in Alexandria, Virginia, that makes claims identical to those alleged by the the Federal Trade Commission (FTC) in its lawsuit filed […]

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Better launches bank statement HELOC for small business owners

Better, HELOC, Housing Market, HWmember, Mortgage, Vishal Garg / Ricky Vasquez

Better announced on Wednesday the launch of its Bank Statement home equity line of credit (HELOC) aimed at the 36.2 million small business owners in the United States who often don’t fit within traditional underwriting standards. The new program lets self-employed borrowers access home equity without tax returns, W-2s or profit-and-loss statements. Instead, applicants can

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Broker Public Portal’s consumer-facing site becomes Cribio

Broker Public Portal, Brokerage, Cribio, Homebuying, HWmember, MLS, MLS/Associations, Real Estate, Real Estate Agents, Technology / Ricky Vasquez

The Broker Public Portal (BPP) is launching a new chapter in its effort to provide an industry-owned alternative to major home search websites — renaming its consumer-facing national homebuying platform under the name Cribio. However, the Broker Public Portal name will not go away. Leaders behind the project say the move reflects both a commitment

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FinCEN delays implementation of anti-money laundering rule

American Land Title Association, Fidelity National Financial, FinCEN, HWmember, Regulatory, Title, Title insurance / Ricky Vasquez

Title insurance firms gearing up for the implementation of the Financial Crimes Enforcement Network’s (FinCEN) Anti-Money Laundering Regulations for Residential Real Estate Transfers Rule can slow their efforts. On Tuesday, FinCEN announced that it was postponing the implementation of the policy from Dec. 1, 2025, to March 1, 2026. The rule requires title firms to

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CFPB ends multiple lender consent orders, opens few new cases

CFPB, HWmember, LendingLife, Mortgage, Planet Home Lending, Regulatory, Regulatory Compliance / Ricky Vasquez

Under the Trump administration, the Consumer Financial Protection Bureau (CFPB) has been winding down enforcement actions against lenders and servicers while opening only two new cases. On Sept. 18, the Bureau terminated consent orders against Washington Federal Bank, Planet Home Lending, Apple Inc. and U.S. Bank National Association. The cases spanned mortgage rules, credit cards

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Houston MLS enters data share agreement with DFW counterpart

Dallas, Houston, Houston Association of Realtors, HWmember, MLS, MLS/Associations, Real Estate, UnlockMLS / Ricky Vasquez

Transacting business across the Lone Star State just got a bit easier for Texas real estate professionals and consumers. Houston Realtors Information Service, Inc., which is perhaps better known as HAR.com, and North Texas Real Estate Information Systems, Inc. (NTREIS) have entered into a data sharing agreement, according to an announcement on Tuesday. Through this

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Giorgio Bertuol named president of sales at West Capital Lending

California, HWmember, loanDepot, Mortgage, People Movers / Ricky Vasquez

West Capital Lending on Tuesday announced that Giorgio Bertuol is taking on the role of president of sales. Bertoul comes from loanDepot, where he served as the executive vice president of sales since September 2011, per his LinkedIn. loanDepot has been shaking up its leadership since its founder, Anthony Hsieh, returned to the helm. In

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FTC lawsuit claims Zillow–Redfin rental tie-up crushes competition

Federal Trade Commission, HWmember, Legal, MLS/Associations, Real Estate, Redfin, Zillow / Ricky Vasquez

The Federal Trade Commission (FTC) is suing Zillow and Redfin over their rental syndication agreement. In a complaint filed on Tuesday in U.S. District Court in Alexandria, Virginia, the FTC claims that the two firms conspired to eliminate competition in the rental listing space and that their syndication agreement — under which Zillow paid Redfin

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Trump administration plans deep cuts to homeless housing program

Affordable housing, Donald Trump, Homelessness, HUD, HWmember, Multifamily Housing, Politics, Real Estate, Trump administration / Ricky Vasquez

The Trump administration is preparing to slash funding for permanent housing programs aimed at addressing homelessness and shifting billions toward transitional housing that requires work or service participation, according to a report from Politico. The Department of Housing and Urban Development’s (HUD) Continuum of Care program — the nation’s largest initiative to house people experiencing

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