Tag: real estate regulation
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Fannie Mae and Freddie Mac Boss Faces Investigation—After Accusing Others of Loan Fraud
Real estate developer William (Bill) Pulte directs the Federal Housing Finance Agency (FHFA). Pulte is also the self-assigned chair of the boards of both Fannie Mae and Freddie Mac. Now, an investigation is underway as to whether Pulte (together with select employees) has misused federal authority and resources.
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Can Buyers Waive the Inspection Upfront? Some States Might Jump on the “No” Train
A few U.S. states discourage sellers and agents from expecting homebuyers to waive their right to a home inspection. This is a consumer-protection issue for states. And that’s not all. The inspection companies don’t like to be left out of deals. And they are lobbying for what they call buyers’ Right to Home Inspection (RTHI)…
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Legal News: Oregon Starts Restricting Real Estate Wholesalers
Oregon’s governor has signed H.B. 4058 into law. The point of this new provision? To help people know how brokers work with sellers and buyers in deed transfers. The bill takes effect January 1, 2025. Most notably, the law sets out to regulate residential property wholesaling. Before this, Oregonians could engage in wholesaling without legal…
