Rocket Mortgage Sued for Discrimination
OTA Staff
- 5 min.
Rocket Mortgage Sued for Allegedly Discriminating Against Black Homeowners. The U.S. Justice Department has filed a significant lawsuit against Rocket Mortgage Sued and two appraisal firms for allegedly discriminating against a Black homeowner... Read more ->
Taylor Morrison Home Builder Posts Better Than Expected Earnings in Q3
OTA Staff
- 5 min.
Taylor Morrison Reports Strong Q3 Earnings In a strong performance, Taylor Morrison Home, ticker symbol TMHC, has reported better-than-expected sales for the third quarter of 2024. The homebuilder Taylor Morrison posted revenues of... Read more ->
Honolulu City Council Weighs Empty House Tax
OTA Staff
- 5 min.
Honolulu City Council members are looking to Vancouver Canada, as a potential model for their own empty homes tax, aiming to combat a growing housing crisis in Honolulu. Similar to Vancouver's approach, which... Read more ->
New York Community Bancorp Announces 700 Job Cuts Amid Efforts to Regain Profitability
OTA Staff
- 5 min.
Bancorp New York cuts 700 jobs In a significant move to regain profitability, Bancorp New York Community Bancorp announced last week that it will lay off 700 employees at its Flagstar subsidiary. This... Read more ->
New HUD Report Identifies FHA Racial Divide
OTA Staff
- 5 min.
FHA Racial Divide: A New HUD Report Identifies This week, the U.S. Department of Housing and Urban Development released a new report highlighting the significant FHA Racial Divide in federal housing programs. The... Read more ->
84% Believe Homeownership is the American Dream
OTA Staff
- 5 min.
Homeownership: Fannie Mae CEO Warns of Housing Crisis In a recent interview with MarketWatch, Fannie Mae CEO Priscilla Almodovar shed light on the unique and significant challenges plaguing today’s housing market, which deeply... Read more ->
DOJ Sanctions That Could Impact RE “Google My Business” Practices
OTA Staff
- 5 min.
RE Google My Business: DOJ Sanctions That Could Impact RE “Google My Business” Practices In a landmark antitrust case, the Justice Department is calling for sanctions against Google to curb its dominance in... Read more ->
Goldman Sachs Reports 45% Profit in Q3
OTA Staff
- 5 min.
Goldman Sachs Reports In a major boost for Wall Street, Goldman Sachs Reports a staggering 45% increase in third-quarter profits, reaching nearly $3 billion compared to about $2 billion last year. This surge,... Read more ->
Georgia Supreme Court Overthrows Wrongful Death Claim Against Home Inspector
OTA Staff
- 5 min.
Georgia Court Overturns Death Claim Against Inspector In a landmark decision, the Georgia Supreme Court has overthrown a wrongful death claim against a home inspector after a retaining wall collapsed, causing the death... Read more ->
eXp Sued by Shareholders Over Alleged Sexual Misconduct
OTA Staff
- 5 min.
eXp Sued by Shareholders Shareholders have initiated legal action as eXp Sued by Shareholders in a major lawsuit. The case against eXp World Holdings, the parent company of eXp Realty, escalates as eXp... Read more ->
September’s Consumer Price Index Released
OTA Staff
- 5 min.
September Consumer Price Index Released The September Consumer Price Index report revealed a 0.2% increase in September, mirroring the gains seen in previous months. Over the past year, the September Consumer Price Index... Read more ->
Garth Brooks , Mortgage Rates and Earning Calls
OTA Staff
- 5 min.
Garth Brooks, Trisha Yearwood Sell Mansion for $3.34M Amid Claims In entertainment news, Garth Brooks and Trisha Yearwood's stunning Brentwood, Tennessee mansion has recently sold for $3.34 million. This five-bedroom, seven-bathroom home, which... Read more ->
