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Justin Ishbia strikes deal to buy Chicago White Sox

1 day ago | housingwire.com | James Kleimann

Sportico reported that per the agreement, Justin Ishbia will make capital infusions into the White Sox as a limited partner in 2025 and 2026. This is designed to reduce existing debt and support operations. Reinsdorf, 89, will have the option to sell the controlling interest to Justin Ishbia between 2029 and 2033. Justin Ishbia already holds a minority stake in the White Sox.
Housing discrimination against LGBTQ+ community is on the rise

1 day ago | housingwire.com | Brooklee Han

In 2025, one-third of responding alliance members reported seeing an increase in housing discrimination since 2022. The most common source of this observed behavior came from real estate professionals discriminating against prospective homebuyers, with 22.2% of respondents choosing this as a type of discrimination visible over the past three years.
NAR board approves changes to hate speech code

2 days ago | housingwire.com | Brooklee Han

The policy, known as Realtor Code of Ethics’ Standard of Practice 10-5, prevented Realtors from using “harassing speech, hate speech, epithets, or slurs based on race, color, religion, sex, disability, familial status, national origin, sexual orientation or gender identity.” Approved in 2020, it applies to all member activities, not just those related to the real estate industry. But the amendments change much of this.
White House expects reverse mortgages to keep performing

2 days ago | housingwire.com | Chris Clow

The guaranteed loan subsidy rate — which measures the receipts produced by the program for the federal government — was -2.87% in 2024. The negative rate indicates that HECMs generated receipts, whereas a positive figure would have required a subsidy from the government on the portfolio, costing taxpayers money. The negative rate is projected to dip slightly this year to -2.65% before rising again in 2026 to -3.13%.
TCB’s appeal against Ginnie Mae will proceed

2 days ago | housingwire.com | Chris Clow

But an oral argument is not guaranteed, and neither party has yet to make any official motions to be ruled upon. TCB initially brought the case against Ginnie Mae and the U.S. Department of Housing and Urban Development (HUD) in late 2023.
French Hill calls for investigation into Little Rock Housing Authority

2 days ago | housingwire.com | Chris Clow

Rep. French Hill (R) — who represents Arkansas’s second congressional district that contains most of Little Rock — called on HUD acting inspector general Stephen M. Begg to initiate an investigation stemming from historic issues that HUD has previously recognized at the public housing authority, and what Hill called his “continued disappointment with the troubled operations” of it.
Compass' Reffkin sees clear cooperation fight as choice vs. control

2 days ago | housingwire.com | Brooklee Han

“This is nothing new, though. I am sure you have heard noise over the years,” he said. “Raise your hand if when Compass came to your market, you heard people say Compass would fail. That’s noise!”In the past, the “noise” surrounding Compass included criticisms of its technology and its lack of profitability, but much of today’s noise is related to Compass’ three-phase marketing plan, and the firm’s strong stance against the National Association of Realtors’ (NAR) Clear Cooperation Policy (CCP).
Vote on Redfin-Rocket deal goes ahead as planned

2 days ago | housingwire.com | Brooklee Han

Chun’s ruling comes after Redfin filed supplemental disclosures with the Securities and Exchange Commission (SEC) late last week due to the objections made by Morano in his motion for a preliminary injunction. “The supplemental disclosures provide the NOL (net operating loss) Projections used in preparing the Fairness Opinion, and moot Plaintiff’s disclosure claim about the NOL Projections,” Chun wrote in his ruling.
Could AI data centers fuel a commercial real estate bubble?

2 days ago | housingwire.com | Chris Clow

But another emerging concern is related to commercial real estate. With the data-center sector having faced consistent challenges stemming from the post-pandemic shift away from business in a dedicated office setting, the appetite for the construction of large data centers at a rapid pace could prove consequential for commercial real estate. This is according to reporting from multiple outlets and a review of various metrics by HousingWire.
DOJ still doesn’t want blanket offers of buyer broker compensation

3 days ago | housingwire.com | Brooklee Han

While blanket offers of buyer broker compensation are still an issue for the DOJ, the agency wrote that this differs from the question of whether a private settlement is satisfactory.