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The 'attorney model' loophole: How debt relief companies scam people seeking help

Consumer / Home and Consumer News /

Debt settlement companies technically aren’t allowed to charge fees until after lowering a consumer’s debt. But a loophole in the Telemarketing Sales Rule — and a mish-mash of federal and state laws — allows predatory firms the opportunity for exploitation.

A growing corner of the $23 billion debt relief industry has used a workaround ...Read more

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Leave your shoes at the door: Why going barefoot at home can be good for your health

Consumer / Home and Consumer News /

In many households, the transition from outside to inside begins with a simple gesture: shoes off at the door.

For some, it’s a matter of cleanliness. For others, it’s cultural habit. But a growing number of people are embracing another benefit of the practice — the idea that spending time barefoot at home may offer subtle but meaningful ...Read more

Dreamstime/Dreamstime/TNS

Zillow changes course by allowing posting of homes not yet on MLS

Consumer / Home and Consumer News /

Two online real estate rivals seem to be inching closer to finding common ground.

After a yearlong lawsuit over Zillow’s ban on private and early marketing of homes championed by the real estate brokerage Compass, the standoff came to an end Wednesday.

Compass dropped its lawsuit, just a day after Seattle-based Zillow announced it will allow...Read more

Real estate Q&A: Do most HOAs prohibit paying residents to lead community classes?

Consumer / Home and Consumer News /

Q: Our community will not pay a resident to provide a service to the community, such as leading an exercise class or instructing an art class. I was told that this is a rule in all HOA communities in the area. Is this true? — Caroline

A: In Florida, where I practice law, there is no general rule banning all homeowners associations from paying...Read more

Bizuayehu Tesfaye @bizutesfaye/Las Vegas Review-Journal/TNS

Corporate landlords own many Las Vegas homes. Could closing a tax loophole change that?

Consumer / Home and Consumer News /

Closing a loophole within the Nevada commerce tax, which exempts real estate investment trusts, could push large corporate entities to divest from the Las Vegas Valley’s residential real estate market.

Two state assembly members — one a Democract, and one a Republican — are a part of a growing chorus of lawmakers pointing at the exemption...Read more

Dean Musgrove/Los Angeles Daily News/TNS

A Section 8 tenant is filing dozens of $100,000 lawsuits. Is it a discrimination fight or a shakedown?

Consumer / Home and Consumer News /

A gaggle of scorned landlords and real estate agents across Los Angeles have a message: If Alexys Watson messages you on Zillow asking if you accept Section 8 vouchers, choose your next words very, very carefully.

Over the last eight months, dozens of landlords and real estate agents have responded to Watson’s inquiries — and dozens have ...Read more

Bizuayehu Tesfaye/Las Vegas Review-Journal/TNS

'Way more Republicans are leaving': California's exodus driven by politics and housing, study says

Consumer / Home and Consumer News /

More voters who are registered as Republicans have left the state of California between the last two presidential elections (2020 and 2024) than Democrats, according to a new study.

Between that timeframe, approximately 39 percent of those leaving the state registered to vote were registered as Republican (compared to 25 percent Democrat), and ...Read more

Andy Morrison/The Detroit News/TNS

Ford repurchase seeks to stabilize shares as GM buys more

Consumer / Home and Consumer News /

Ford Motor Co. has unveiled a share repurchase program — but it differs from General Motors Co.'s buyback efforts in a big way.

The Dearborn automaker on Friday announced a plan to buy up to 31.7 million common shares of Ford stock. It's an anti-dilutive measure that seeks to minimize impact on its share price from the company's grant of ...Read more

Mario Tama/Getty Images North America/TNS

Jonathan Lansner: Why do 31% of Americans want a housing crash?

Consumer / Home and Consumer News /

If profit motives in the real estate industry could contribute to housing problems, can we acknowledge that personal finances also cloud individuals’ opinions on property matters?

Consider a survey conducted for LendingTree that found, among other things, that 31% of Americans want the housing market to crash.

Contemplate how these polling ...Read more

Fabrice Coffrini/AFP/Getty Images North America/TNS

Palantir's CEO is buyer of $46 million Miami mansion

Consumer / Home and Consumer News /

Palantir Technologies Inc.’s chief executive Alex Karp bought a Miami mansion in June, seven months before the firm’s surprise announcement to move its headquarters to the city, according to a person familiar with the matter.

Public records show the property, located in Miami Beach on a man-made island, was purchased for $46 million by ...Read more

Senate passes housing bill with Trump investor ban, setting up clash in House

Consumer / Home and Consumer News /

The U.S. Senate on Thursday passed a bipartisan bill aimed at boosting the nation’s supply of homes on an 89-10 vote, setting up a showdown in the House over a contentious provision to limit Wall Street’s footprint in the housing market.

The bill bars investors with more than 350 houses from purchasing additional single-family homes — a ...Read more

Real estate Q&A: Can builders put up mini-billboards in my residential neighborhood?

Consumer / Home and Consumer News /

Q: They’ve been building the house at the end of my block for months, and the builder put out these giant signs like mini-billboards, and they look terrible. If we’re not allowed to have billboards in our residential neighborhood, how do they get away with this? — Alison

A: Construction projects can be a common sight in many neighborhoods...Read more

Dreamstime/Dreamstime/TNS

Netflix goes from M&A loser to market winner without Warner deal

Consumer / Home and Consumer News /

Netflix Inc.’s stock price is staging a dramatic reversal triggered by management’s decision to walk away from its proposed acquisition of Warner Bros. Discovery Inc. late last month.

“The core business is phenomenal and they never needed that deal — it was a nice to have, not a must have,” Wedbush analyst Alicia Reese said. “It’...Read more

DREAMSTIME/TNS

Survey: Americans are increasingly entangled in financial scams; experts say AI is contributing to the problem

Consumer / Home and Consumer News /

A growing number of people say they’ve experienced some form of financial fraud over the past year, especially older, white Americans, despite taking a variety of precautions to protect themselves, Bankrate’s latest national survey has found.

Experts said scammers are getting increasingly crafty, using artificial intelligence to clone ...Read more

Todd McInturf/The Detroit News/TNS

Rocket accused of kickback scheme, hiking cost of homebuying

Consumer / Home and Consumer News /

A lawsuit alleging hundreds of thousands of homebuyers overpaid because Detroit-based Rocket Companies' mortgage unit colluded with real estate agents highlights decades-old affordable housing issues and the role of federal watchdogs under President Donald Trump.

Plaintiffs' attorneys in a January lawsuit describe the alleged deal between ...Read more

Justin Sullivan/Getty Images North America/TNS

Sub-6% mortgage rates vanish as Iran war sparks inflation fears

Consumer / Home and Consumer News /

U.S. homebuyers had to act fast last week to nab the first sub-6% mortgage rates in more than three years. Now they’re up, and the new conflict in the Middle East threatens to nudge them higher.

The average for 30-year, fixed loans climbed to 6% from 5.98% last week, which was the lowest point since September 2022, data from Freddie Mac ...Read more