FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

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Launches Rocket Mortgage

Google launches mortgage comparison tool with Zillow

LendingTree will also bring mortgages to Google
Real Estate / The Ticker

Supreme Court refuses to hear NYC rent-control case

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The Supreme Court has refused to hear a challenge to New York’s rent control regulations, according to the American Bar Association and the SCOTUSblog.

A plaintiff in the Fifth Amendment case was James Harmon, a former prosecutor who runs a corporate investigations firm. The high court denied cert on Monday, SCOTUSblog reports.

Harmon inherited his New York brownstone in the 1990s, the ABA said. One of his tenants who pays $1,000 in monthly rent also owns a home near the shore in Southampton.

— Kerry Curry

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