What the new Congress means for real estate

Don’t expect sea change coming from the midterm election when it comes to real estate. For one, the housing market, unlike the stock market, does not make sudden moves based on events like elections.

Zillow hires NAR vet Ken Wingert to lead government relations

Ken Wingert is leaving the National Association of Realtors (NAR) to become Zillow’s head of federal government relations, the Seattle-based real estate tech company announced.

NAR makes two new hires, including former Trump treasury official

Shannon McGahn is the first woman to hold the position in NAR’s 110-year-long history. She formerly served as the staff director of the Committee on Financial Services in the U.S. House of Representatives.

HUD resumes its investigation into Facebook over discriminatory housing ads

Facebook is under investigation for housing discrimination, again. The Department of Housing and Urban Development (HUD) reopened an investigation into discriminatory housing advertisements on Facebook, according to a report in Gizmodo.

Watch NAR and experts discuss real estate antitrust on live stream

The Information Technology and Innovation Foundation (ITIF), a think tank that has been funded in the past by Zillow, will hold a public forum for experts in real estate to discuss ways to make the industry more competitive.

Where NAR spends its multimillions in lobbying

Given the proposed increase and the fast-approaching 2018 U.S. midterm campaign season, it’s worth asking: How is NAR spending its lobbying money now …

Trump tariffs on steel and aluminum will be a blow to the construction industry

They would raise the price of everything from canned beer and soda to automobiles and housing, not least of all skyscrapers and multifamily buildings deeply reliant on heavy metals, housing experts told Inman …

How the budget deal will impact real estate

At least one economist predicted those domestic spending initiatives would offer limited benefits to the real estate industry and housing market. …

Exclusive: Congressmen urge government inquiry into real estate competition

Inman has received a copy of the letter, dated Jan. 5, and addressed to Makan Delrahim, assistant attorney general of the DOJ’s antitrust division …

The battle between the Consumer Financial Protection Bureau and PHH is over

On Wednesday, January 31, the Court of Appeals for the District of Columbia Circuit upheld the constitutionality of the Consumer Financial Protection Bureau (CFPB) ending a two-year debate over the CFPB’s power structure, which stemmed from an ongoing lawsuit between the Bureau and New Jersey-based mortgage lender PHH Mortgage Corporation over the lender’s captive reinsurance practices …