Treasury Secretary Bessent Halts CFPB Operations Amid Controversy, Tiny Homes Market Booms and Mortgage Executive Arrested for Fatal DUI Crash
CFPB Treasury Secretary Amid Controversy Treasury Secretary Scott Bessent has been tapped to run the Consumer Financial Protection Bureau, or CFPB, as acting director, after Rohit Chopra was fired on Saturday. Bessent, a... Read more ->
NAHB Cautions Against Tariffs, New Polls Shows Americans Stay Optimistic About the Economy, Study Reveals Climate Change Threatens Housing Market Stability
OTA Staff
- 4 min.
NAHB Cautions Against Tariffs The National Association of Home Builders (NAHB) has sent a letter to the new administration urging him to reconsider the impact of proposed 25% tariffs on imports from Canada... Read more ->
Senator Ted Cruz Pushes to Defund CFPB, Federal Reserve Holds Interest Rates Steady, Japan Begins Accepting Cryptocurrency for Real Estate Transactions
OTA Staff
- 4 min.
Ted Cruz Pushes to Defund CFPB Texas Senator Ted Cruz is reigniting his push to abolish the Consumer Financial Protection Bureau, or CFPB, with a new effort to defund the agency. Cruz has... Read more ->
New Video Footage Released in Alexander Brothers Case, Homeownership Costs Soar, Study finds 87% of Real Estate Agents Use AI
OTA Staff
- 4 min.
Victim Video Footage : Released in Alexander Brothers Case Prosecutors have released new video footage of alleged victims detailing sexual assault claims against the Alexander brothers, prominent figures in Miami Beach and New... Read more ->
Federal Spending Pause Disrupts Housing Aid, C.A.R. Offers Guidance on Financial Aid, Multigenerational Homes Surge in New England
OTA Staff
- 4 min.
Federal Spending Pause Disrupts Housing A temporary pause in federal spending, ordered by the White House, caused major disruptions for housing providers across the country. The pause, which was set to go into... Read more ->
Anywhere Agrees to $20M Settlement, Fathom Embraces Bitcoin, and Wells Fargo’s CFPB Burden Lifts
OTA Staff
- 5 min.
Anywhere Agrees to $20M Settlement In a major settlement, Anywhere Real Estate has agreed to pay $20 million to resolve a long-running lawsuit under the Telephone Consumer Protection Act. The case stems from... Read more ->
Lawsuit Against Alexander Brothers Dismissed, C.A.R Backs $2.5 Billion Relief Plan, Spain Proposes 100% Foreign Property Buyers Tax
OTA Staff
- 5 min.
Alexander Brothers: Lawsuit Dismissed A lawsuit filed in New York against real estate moguls Tal, Oren, and Alon Alexander, claiming they raped a woman, was dismissed on Wednesday by a federal judge. U.S.... Read more ->
American Real Estate Association (AREA) Welcomes NYRAC, SalesMail Integrates Knock CRM, Colorado Appraiser’s License Revoked in Rocket Mortgage Lawsuit
AREA Welcomes NYRAC The American Real Estate Association (AREA), founded in 2024 by veteran agents Jason Haber and Mauricio Umansky, has welcomed the New York Residential Agent Continuum (NYRAC) as its first local... Read more ->
California AG Charges Realtor® with Price Gouging, Women Lead Luxury Housing Boom, HUD Nominee Turner Pushes for Reform
OTA Staff
- 5 min.
Rob Bonta Charges Realtor® California Attorney General Rob Bonta has charged a Los Angeles-area real estate agent with price gouging after he allegedly raised the rent of a property by 38% following the... Read more ->
Rising Mortgage Rates Stall New Home Sales, Single-Family Rents Hit Record High, Chicago Businessman Sentenced for Elderly Fraud
OTA Staff
- 5 min.
Chicago Businessman Sentenced for Elderly Fraud A Chicago businessman has been sentenced to more than 17 years in federal prison for a scheme that defrauded elderly homeowners. 68-year-old Mark Steven Diamond was convicted... Read more ->
OneUnited Bank Launches $50K Homebuyer Grant, Bill Ackman to Take Howard Hughes Private for $1B, Sixth Suspect Charged in Killing of Markham Realtor Yuk-Ying Mui
OTA Staff
- 5 min.
OneUnited Bank Launches $50K Homebuyer Grant In a move to empower first-time homebuyers, OneUnited Bank, the nation’s largest Black-owned bank, is launching a new program in honor of Martin Luther King Jr. Day.... Read more ->