Both Citibank and Compass are under fire this week in the news. Due to holdings violations, Citibank is facing a fine of $30 million from the OCC. And Compass’ new “coming soon” platform has The Real Estate Board of New York up in arms. On today’s State of the Market, Pat Hiban and co-host Ian Lobas dissect these stories along with other industry news, including Realogy launching a new iBuyer program and New York enacting statewide rent control.
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