George T. Spyridakis, an associate broker with eXp Realty, alleged Zillow’s StreetEasy allowed multiple brokers to list the same unit on the platform, effectively hiding it from public view.
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Freddie Mac recorded a net income of $3.2 billion for Q4 2024 and $11.9 billion for the full year 2024, it reported this morning. The full-year net income figure marked an increase of 13% from 2023. Comprehensive income increased 11% from 2023 to $11.9 billion. In its earnings call, Freddie Mac’s Executive Vice President and…
California’s Assembly Bill 2747, set to take effect on April 1, 2025, is on track to transform how renters‘ credit histories are built. The bill, which Governor Gavin Newsom signed into law last year, requires landlords to offer tenants the option to have their on-time rent payments reported to credit bureaus. This change addresses a…
The overall defect rate for mortgages declined across all loan types between the second and third quarters of 2024. But errors related specifically to insurance increased significantly, growing to 3.03% of all defects, according to a report released Thursday by ACES Quality Management. ACES releases a quarterly report that uses post-closing quality control data that’s…