Residential
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March 23, 2026
High Court Won't Review Mortgage Firm's $8M CFPB Fine
The U.S. Supreme Court declined Monday to take up a now-shuttered mortgage services firm's yearslong fight against a nearly $8 million Consumer Financial Protection Bureau judgment, rebuffing an appeal tied in part to the agency's past leadership structure.
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March 23, 2026
Judge Unlikely To Halt Evictions In Md. Condo-County Dispute
A Maryland federal judge signaled that he likely wouldn't block Prince George's County from evicting condo owners whose buildings have been without heat since December, but also said he likely wouldn't dismiss the residents' claims that the county — by assisting a nearby homeless encampment — has created numerous problems at the complex.
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March 23, 2026
4th Circ. Finds Mortgage Docs Didn't Violate Bankruptcy Stay
The Fourth Circuit has declined to revive a debtor's lawsuit claiming his mortgage servicers violated bankruptcy protections, finding that none of the monthly account statements, payoff statements and tax statements the servicers sent him were related to debt collection.
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March 23, 2026
Developers Clinch $4.3B Financing For Beverly Hills Project
Cain and Eldridge Industries have secured $4.3 billion in loans through J.P. Morgan and VICI Properties to complete construction for One Beverly Hills, a luxury mixed-use project including residences, hotel rooms, retail and 10 acres of garden space, according to a March 23 announcement.
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March 23, 2026
Homebuyers Accuse Hanna Of 'Reverse Auction' Settlement
A lawsuit in Pennsylvania federal court alleging that real estate firm Howard Hanna participated in a conspiracy to inflate agents' commissions is being undercut by a similar case in Illinois, where another set of plaintiffs allegedly joined in a "reverse auction" to settle for the lowest possible price, the Pennsylvania plaintiffs' lawyers said.
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March 23, 2026
Ex-Tricolor CEO, Trustee Ink Stipulation For Beverly Hills Sale
A Texas bankruptcy judge approved a stipulation allowing for the $2.45 million sale of the Beverly Hills home of the former CEO of subprime auto lender Tricolor Holdings, even as the founder and the debtor's Chapter 7 trustee remain at odds about where the proceeds should go.
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March 23, 2026
NC High Court Nixes Mold Claims Over Contract Limit
The North Carolina Supreme Court has thrown out a couple's suit against a contractor over water and mold damage to their home, finding that a one-year limitation on claims in their work contract applies over the four-year statute of limitations in the state's Unfair and Deceptive Trade Practices Act.
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March 23, 2026
REIT Bidding War Advances With 'Superior' Offer, New Entry
Mortgage servicing-focused real estate investment trust Two Harbors Investment Corp. said an unnamed third contestant has made an offer to acquire the company after it determined on Monday that CrossCountry Mortgage outbid a previous December offer from UWM Holdings Corp. of $1.3 billion.
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March 23, 2026
Zetlin & De Chiara Adds Construction Partner To NY Office
Construction law firm Zetlin & De Chiara LLP said Monday it has added an attorney with three decades of experience advising commercial construction as a partner in its New York office.
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March 20, 2026
SEC's $1B Broad Street Fraud Case Stays In Fla.
A private equity firm the U.S. Securities and Exchange Commission accused of defrauding investors in a $1 billion fund will have to face the lawsuit in Florida, after a federal judge there refused Friday to toss the case or move it to South Carolina, where the firm is based.
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March 20, 2026
Texas Judge Tosses FinCEN Rule On All-Cash Home Sales
A Texas federal judge has found that the U.S. Department of the Treasury's Financial Crimes Enforcement Network can't maintain its directive regarding reporting of all-cash residential real estate transactions, after the agency failed to show how the deals should broadly warrant suspicion.
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March 20, 2026
Freddie Mac Extends $512M To KC, Dallas Multifamily Portfolio
Broker Northmarq said Friday it secured a $512 million Freddie Mac credit facility to refinance and recapitalize a 13-property multifamily portfolio for Kansas City, Missouri-based real estate company Price Brothers.
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March 20, 2026
Builders Can Proceed As Class In Fee Suit, NC Justices Say
Homebuilders challenging the City of Raleigh's capital facilities fee ordinances can proceed within a certified class action after North Carolina's highest court ruled Friday that state statute requires unlawful fees be returned to the payor regardless of who ultimately shouldered the cost.
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March 20, 2026
Northwest Listing Service Can't Exit Compass Antitrust Suit
Northwest Multiple Listing Service must face Compass Inc.'s claims that Northwest abused its market power by requiring brokerages to list all properties on its platform before marketing them internally, a Seattle federal judge has said, finding Compass has plausibly alleged anticompetitive harm from the rules at issue.
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March 20, 2026
SD Lowers Maximum Property Tax Levies For School Districts
South Dakota lowered maximum property tax levies that may be imposed by school districts under a bill signed by the governor.
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March 19, 2026
Judge Digs Into Counsel Over 'Astronomically High' Fee Bid
Attorneys who represented classes of people who say they received harassing phone calls from real estate agents in violation of federal telemarketing laws are asking for way too much of the $20 million settlement, according to the California federal judge who tore into them Wednesday.
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March 19, 2026
NYC, State Take On Latest Challenge To Rent Regulations
New York and New York City separately urged a federal court this week to dismiss landlords' latest attempt to challenge 2019 changes to the state's rent stabilization laws, alleging the landlords' takings claims aren't ripe because they haven't made use of a hardship exemption yet.
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March 19, 2026
New Polluter Pay Bills Center AG Action On Insurance Costs
Recent bills would give attorneys general in three states more power to sue fossil fuel companies over climate change-related insurance costs. Such lawsuits would likely face challenges.
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March 19, 2026
Investor Home-Flipping Hits Lowest Profits Since 2008: Report
U.S. investors who bought single-family homes and condos to sell within a year for profit saw the lowest median rate of return on investment last year since the Great Recession, ATTOM said in a recent report.
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March 19, 2026
Two Harbors REIT Fields Buyout Offer To Rival UWM Bid
Two Harbors Investment Corp., a real estate investment trust focused on mortgage servicing rights, said Thursday it received a new acquisition proposal from an unnamed bidder, after reaching a deal in December to be bought by mortgage lender UWM Holdings Corp. for $1.3 billion.
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March 19, 2026
Palantir Rolls Out AI-Mortgage Platform In Startup Partnership
Artificial intelligence company Palantir Technologies announced a partnership with startup Moder to build AI-based mortgage operations, starting with Freedom Mortgage, a mortgage originator and servicer, as a pilot customer.
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March 19, 2026
Conn. Class Action Over 'Inflated' Realty Commissions Settles
A putative class action claiming antitrust violations against one of the biggest real estate firms in the Northeast has been settled, according to a judge's order on the Connecticut state court case docket.
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March 18, 2026
Fla. Panel Affirms Zillow's Win In Merger Battle
The co-founder of a real estate software company that was acquired by house-hunting platform Zillow Inc. cannot recover the money he says he is owed from the 2013 merger because his claim is time-barred and is not covered by the Florida Unclaimed Property Act, a Florida appeals court ruled Wednesday.
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March 18, 2026
Zillow Preview Appeases Compass Enough To Drop Ban Suit
Compass dropped its New York federal court antitrust lawsuit against Zillow on Wednesday, satisfied that a new "preview" feature for pre-market home listings was enough of a departure from a contested rule that banned listings from appearing on Zillow if they had been marketed elsewhere for more than a day.
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March 18, 2026
Fed Keeps Rates Steady, To Dismay Of Most In Real Estate
The Federal Reserve on Wednesday voted to keep interest rates steady, dashing any hope the real estate market had for a reduction in interest rates to bring down the cost of borrowing, boost prices and drive transactions.
Expert Analysis
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How Calif. Zoning Bill Is Addressing The Housing Crisis
The recently signed S.B. 79 represents a significant step in California's ongoing efforts to address the housing crisis by upzoning properties near qualifying transit stations in urban counties, but counsel advising on S.B. 79 will have to carefully parse eligibility and compliance with the bill and related statutes, says Jennifer Lynch at Manatt.
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NYC Landlords Should Fight Unlawful Occupancy With 2 Laws
New York City property owners should proactively use the Multiple Dwelling Law and Administrative Code to maintain the integrity of the city's housing market, safeguard tenant safety and keep unlawful occupancy disputes out of the already overwhelmed New York City Housing Court, say attorneys at Rosenberg & Estis.
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Key NY State Grand Jury Rules Can Shape Defense Strategy
As illustrated by recent cases, New York state's grand jury rules are more favorable than their federal counterparts, offering a genuine opportunity in some cases for a white collar criminal defendant to defeat or meaningfully reduce charges that a prosecutor seeks to bring, says Ethan Greenberg at Anderson Kill.
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New Mass. 'Junk Fee' Regs Will Be Felt Across Industries
The reach of a newly effective regulation prohibiting so-called junk fees and deceptive pricing in Massachusetts will be widespread across industries, which should prompt businesses to take note of new advertising, pricing information and negative option requirements, say attorneys at Hinshaw.
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Addressing Legal Risks Of AI In The Homebuilding Industry
Artificial intelligence is transforming the homebuilding industry, but the legal challenges posed by its adoption spread across many areas, including contractual liability and intellectual property issues, so builders should adopt strategies to mitigate the risks and position themselves for success, says Philip Stein at Bilzin Sumberg.
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Compliance Steps To Take As FCRA Enforcement Widens
As the Fair Credit Reporting Act receives renewed focus from both federal and state enforcers, regulatory and litigation risk is most acute in several core areas, which companies can address by implementing purpose processes and quick remediation of consumer complaints, among other steps, say attorneys at Wiley.
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How Calif. Law Cracks Down On Algorithmic Price-Fixing
Gov. Gavin Newsom signed two laws this month significantly expanding state antitrust enforcement and civil and criminal penalties for the use or distribution of shared pricing algorithms, as the U.S. Department of Justice has recently wielded the Sherman Act to challenge algorithmic pricing, say attorneys at Pillsbury.
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New Conn. Real Estate Laws Will Reshape Housing Landscape
With new legislation tackling Connecticut's real estate landscape, introducing critical new requirements and legal ambiguities that demand careful interpretation, legal counsel will have to navigate a significantly altered and more complex regulatory environment, say attorneys at Harris Beach.
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Md. Ruling Spotlights Source-Of-Income Discrimination
In Hare v. David S. Brown Enterprises, the Maryland Supreme Court recently ruled that landlords cannot impose income requirements that disqualify tenants relying on housing vouchers, raising questions about applying the disparate impact doctrine in source-of-income discrimination cases, says Yvette Pappoe at the University of the District of Columbia.
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Colo. Law Brings Some Equilibrium To Condo Defect Reform
Colorado's American Dream Act, effective next year, does not eliminate litigation risk for developers entirely, but it does introduce a process, some predictability and a more holistic means for parties to resolve condominium construction defect claims, and may improve the state's housing shortage, says Bob Burton at Winstead.
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A Primer For Lenders On NY's New Mortgage Disclosure Regs
A recent New York regulation requiring licensed lenders and mortgage bankers to distribute a significant new disclosure pamphlet, essentially a borrower bill of rights, to applicants serves as a reminder to the industry to follow existing best practices, says Scott Samlin at Blank Rome.
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Trump Tax Law Has Mixed Impacts On Commercial Real Estate
The One Big Beautiful Bill Act brings sweeping changes to the real estate industry — and while the permanency of opportunity zones and bonus depreciation creates predictability for some taxpayers, sunsetting incentives for renewable energy projects will leave others with hard choices, says Jordan Metzger at Cole Schotz.
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DOJ Settlement Offers Guide To Avoiding Key Antitrust Risks
The U.S. Justice Department's settlement with Greystar Management shows why parties looking to acquire companies that use pricing recommendation software should carefully examine whether the software algorithm and how it is used in the market create antitrust dangers, say attorneys at Fried Frank.