Real Estate News
RMLS launches an AI use agents can get behind: getting paid
Real estate agents in Oregon belonging to Regional Multiple Listing Service (RMLS) will be a bit quicker to verify the integrity of their deal documents thanks to the latest artificial intelligence offering by Restb.ai.
Source: Inman
Fed Governor Lisa Cook didn’t commit mortgage fraud: attorneys
Hundreds of economists say Trump adminstration's move to fire Cook "threatens the fundamental principle of central bank independence and undermines trust in one of America’s most important institutions."
Source: Inman
Trump administration ‘in no rush’ to do Fannie, Freddie IPO this year
Democratic Senators Elizabeth Warren, Chuck Schumer and Cory Booker have asked federal regluator to pause any efforts to reprivatize Fannie and Freddie and study potential impact on mortgage rates.
Source: Inman
Texas bans some foreign buyers from purchasing real estate
The law that went into effect on Monday prohibits individuals and companies from China, Iran, North Korea and Russia from buying or leasing property for more than one year.
Source: Inman
NAR fires back at Mauricio Umansky’s PLS in new legal filing
The trade association essentially denied all allegations that The PLS made against it, arguing that Clear Cooperation and NAR policies are "lawful, justified, procompetitive [and] pro-consumer," and that they were conducted with NAR's legitimate business interests in mind.
Source: Inman