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Senator Ted Cruz Pushes to Defund CFPB, Federal Reserve Holds Interest Rates Steady, Japan Begins Accepting Cryptocurrency for Real Estate Transactions

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

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

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

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

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

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 ->

Rob Bonta California AG Charges Realtor® with Price Gouging, Women Lead Luxury Housing Boom, HUD Nominee Turner Pushes for Reform

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

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 ->

Toby Morton Launches Controversial Website, ENRG Realty Launches in Four States, Promising Innovation and Agent Support, U.S. Rents Dip Below $1,700 Amid Surging Supply

Toby Morton Launches Controversial Website, ENRG Realty Launches in Four States, Promising Innovation and Agent Support, U.S. Rents Dip Below $1,700 Amid Surging Supply

OTA Staff - 5 min.
Toby Morton Launches Controversial Website Toby Morton, the writer and voice actor behind South Park and MADtv, is making headlines after launching a controversial website aimed at calling out profiteers during the LA... 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

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 ->

U.S. Foreclosure Filings Drop, FTC and Colorado Sue Greystar for Rental 'Junk Fees', New Robocall Rules Set for 2025 Set to Start

U.S. Foreclosure Filings Drop, FTC and Colorado Sue Greystar for Rental ‘Junk Fees’, New Robocall Rules Set for 2025 Set to Start

Foreclosure Filings Drop In the latest data from ATTOM, foreclosure filings across the U.S. showed a continued decline in 2024. The year-end report reveals that 322,103 properties had foreclosure filings—down 10% from 2023... Read more ->

Newsom’s Wildfire Order Sparks Debate, Wexford County Cyber-Attack Halts Deals, and NAR Names New Senior VP

Newsom’s Wildfire Order Sparks Debate, Wexford County Cyber-Attack Halts Deals, and NAR Names New Senior VP

OTA Staff - 5 min.
Wildfire Order Sparks Debate California Governor Gavin Newsom and Texas Senator Ted Cruz are at odds over a recent executive order aimed at protecting wildfire victims from predatory real estate offers. On Tuesday,... Read more ->

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