The Bay Area is the country’s 4th-hottest housing market

As of March 29, the San Francisco-Oakland-Fremont metropolitan area was the fourth-hottest housing market in the country. The Bay Area metro had a 90-day average Market Action Index score of 61.19, according to data from Altos Research. In comparison, Seattle-Tacoma-Bellevue, the top-ranked metro ar
Read MoreAppeals court to allow DOJ to reopen its investigation into NAR

A three-judge panel for the U.S. Circuit Court of Appeals in D.C., has ruled that the Department of Justice can reopen its investigation into the National Association of Realtors. In an opinion filed on Friday, Circuit Court judges Florence Pan and Karen Henderson ruled that the settlement agreement
Read MoreHUD issues $13.5M in affordable housing grants

The U.S. Department of Housing and Urban Development (HUD) on Thursday announced a new series of affordable housing grants totaling $13.5 million, which will go to support the creation of homes for low-income, first-time homebuyers as part of HUD’s Self-Help Homeownership Opportunity Program (SHOP).
Read MoreJudge allows bulk of Texas Capital case against Ginnie Mae to proceed

The federal judge overseeing a case brought by Texas Capital Bank (TCB) against Ginnie Mae has dismissed a portion of the bank’s complaint against the government-owned company but will allow the majority of the case to progress, according to court filings reviewed by RMD. Presiding Judge Matthew Kac
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