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Annualized Bank Repossessions Rise Sharply in the U.S.

Texas, Florida and California had most foreclosure starts in May The U.S. housing market sent conflicting signals in May 2025 as foreclosure activity dipped slightly from the previous month but rose significantly compared to a year ago, according to the latest Foreclosure Market Report from real estate data provider ATTOM. A total of 35,498 U.S. properties were hit with foreclosure filings last month --...

The feud between Robert Reffkin, Zillow rages on

There are still three more weeks before Zillow’s new listing standards policy goes into effect, but Compass CEO Robert Reffkin is not wasting time pushing back against the policy. In a LinkedIn post on Monday, Reffkin claimed that Zillow no longer displays all MLS listings to prospective homebuyers.  “Contact your agent regardless of their firm to get access to all of the MLS listings,” he...

Diane Tomb out, Chris Morton in as CEO of ALTA

The American Land Title Association (ALTA) has appointed Chris Morton as its new CEO effective immediately, the organization announced Tuesday. Morton, who previously served as ALTA’s senior vice president of public affairs and chief advocacy officer, succeeds Diane Tomb, who filled the seat for the past six years. “As the leader of our advocacy efforts, Chris Morton has been the public voice of...

MLS PIN settlement gains preliminary approval … again

The settlement agreement between MLS Property Information Network (MLS PIN) and the Nosalek commission lawsuit plaintiffs has been granted preliminary approval for a second time. Judge Patti B. Saris of U.S. District Court in Boston granted preliminary approval to the fourth amended settlement agreement between the MLS defendant and the home seller plaintiffs at a video conference hearing on...

CFPB enforcement head resigns, citing ‘no intention to enforce the law’

Cara Petersen, who has served as the principal deputy enforcement director at the Consumer Financial Protection Bureau (CFPB) since late 2017, resigned this week with a letter that’s highly critical of the enforcement posture at the bureau under the new administration of President Donald Trump. Petersen’s resignation letter was obtained and initially reported on by American Banker. She reportedly...

These suburbs saw the largest increases in renters during the pandemic

The wave of migration set off by the COVID-19 pandemic pushed home prices through the roof in towns that had previously been relatively sleepy. While data shows that some narratives at the time proved to be a bit overstated, there’s no question that it reshaped housing markets across the country. A recent study from Point2Homes analyzed population data from the U.S. Census Bureau and found that a...

How to Create a Bedroom for Aging in Place (11 photos)

If you’re designing a room you hope to stay in for many years, chances are you’ve thought about the need to make it work for later life. Or perhaps you want to create a sleep space or guest room that older relatives will feel comfortable in. But maybe thinking is as far as you’ve got, wondering if...

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