FTC revisits noncompete rules after Biden-era ban blocked
The Federal Trade Commission (FTC) on Thursday issued a public request for information on noncompete agreements as it seeks to identify practices it considers “unfair” and “anticompetitive.”
Regulatory Compliance
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HUD moves to bar non-permanent residents from Section 184 tribal loan program
The U.S. Department of Housing and Urban Development (HUD) has revised residency requirements for the Section 184 Indian Housing Loan Guarantee program to exclude non-permanent resident aliens.
Advalis CEO speaks on expanded FinCEN compliance platform
The platform is designed for title companies, escrow officers and settlement agents facing FinCEN’s Residential Real Estate Reporting Rule.
Caliber Home Loans fined $2.3M for overcharging California borrowers
Caliber will pay $1.8 million in penalties and has refunded more than $550,000 to impacted California consumers.
Arizona homebuilders challenge groundwater restrictions
Developers and regulators are locked in a deepening dispute over how to manage the state’s finite water supplies.
California creates office dedicated to housing, homelessness issues
Restructuring aims to better integrate and administrate response to the state’s housing and homelessness challenges.
State AGs oppose HUD’s plan to roll back fair housing marketing rules
The proposed rule would eliminate federal requirements prohibiting discriminatory marketing of affordable housing.
What agents must know about telemarketing consent
Firms are urged to remember a key distinction — calls that involve a bona fide offer to purchase a home versus calls that promote services.
Mayors back Realtor.com’s campaign to address the housing crisis
The resolution acknowledges the mounting housing affordability crisis and calls for policy reforms at all levels of government.
NAMB issues support for CHLA white paper on LO compensation
NAMB’s letter said that the association opposes the current “rigid” interpretation of loan originator compensation regulations.