Regulators move to narrow CRA, drawing fire from advocates
Federal banking regulators released a Community Reinvestment Act (CRA) proposal Friday that narrows how banks earn credit for community development while raising asset thresholds for small and midsized institutions. The plan drew immediate criticism from consumer and housing advocates. The Federal D
Retired judges challenge Tuccori opt-in commission suit settlements
Although a date has been set for a final approval hearing, the real estate brokerages and associations that settled the homebuyer commission lawsuits through the Tuccori suit’s opt-in settlement may still face some challenges. The latest of these challenges is that earlier this week by four retired
Who decides where listings show up, Zillow, Compass or the MLS?
The briefs are in. The witnesses are done. A federal judge in Chicago now holds the question the whole industry keeps asking: who controls where a listing gets seen? Here is the part no ruling will answer for you. Zillow, Compass and Midwest Real Estate Data (MRED) spent the first half of July tradi
Pamela Heman
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