BofA Borrowers Urge High Court To Revisit NY Escrow Suit
New York borrowers have urged the U.S. Supreme Court to again revive their claims for millions in mortgage escrow interest from Bank of America, arguing the Second Circuit's recent decision to free the bank fo... (more story)
Houston Firm Wired Cali Man's $1.3M To Criminals, Per Suit
A California man and a real estate company told a Texas federal judge that a Houston-based law firm improperly distributed money meant to pay off a loan to criminal elements, saying Tuesday that the law firm o... (more story)
NYC Real Estate Resigned To Pared-Down COPA
A newly revised and more narrowly tailored version of a New York City bill, if passed, would give approved nonprofits a chance to buy distressed buildings, but real estate attorneys say the bill would still in... (more story)
NYC Mayor Unveils $22B, Five-Year Affordable Housing Spend
New York City Mayor Zohran Mamdani on Tuesday said the city would spend $22 billion over the next five years as part of a policy proposal to build 200,000 new affordable homes and preserve 200,000 more afforda... (more story)
Zillow's Chicago Home Listings Restored In Antitrust Case
An Illinois federal judge temporarily restored Zillow's access to some 40,000 Chicago-area home listings that the company argued were wrongly withheld by Compass and a multiple listing service after the platfo... (more story)
Texas Justices Say Appeal Bond Cap Applies Per Debtor
A split Texas Supreme Court on Friday found that each debtor of a $400 million judgment is subject to the state's bond cap, finding a joint $25 million bond by a group of three real estate defendants insuffici... (more story)
5th Circ. Seeks 'Sound Basis' To Gauge Water Antitrust Claims
The Fifth Circuit has remanded a real estate developer's antitrust claims over a Texas city's alleged illegal restraint on retail water utility services, saying a lower court did not give the appeals court a "... (more story)