Trending News: October 16, 2024

NAR asks the Supreme Court to weigh in on the DOJ fight and Citadel agrees to pay $6.5M to settle the DOJ’s redlining claims. Meanwhile, the impact of Hurricane Helene exposes $96B in RMBS loans to delinquency.

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Show Notes

NAR asks Supreme Court to weigh in on DOJ fight: The trade group’s petition leans heavily on the government’s promise to close investigations into the Clear Cooperation Policy and the Participation Rule. Read more

Citadel agrees to pay $6.5M to settle DOJ’s redlining claims: The case marks the DOJ’s first redlining settlement involving a credit union. Read more

Hurricane Helene has exposed $96B in RMBS loans to delinquency: Bank of America says there are 833,000 mortgages originated in the affected regions, totaling $96 billion in unpaid principal balance. Read more

Music by: Gloria Tells from Epidemic Sound

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