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Former Florida Title Attorney Pleads Guilty in Scheme Involving Unrecorded Mortgages and Escrow Funds

Former Florida Title Attorney Pleads Guilty in Scheme Involving Unrecorded Mortgages and Escrow Funds

by John G. Stevens | Sep 15, 2026 | Current News & Events, Mortgage Information, Real Estate News

A former Florida attorney who owned a title company has pleaded guilty to three counts of wire fraud in a real estate scheme that federal prosecutors say exploited private lenders, mortgage lenders, escrow accounts and title-insurance representations. Michael Saracco,...
Airbnb Puts $250 Million Behind Stalled Housing Projects — Starting With 201 Affordable Units in Austin

Airbnb Puts $250 Million Behind Stalled Housing Projects — Starting With 201 Affordable Units in Austin

by John G. Stevens | Sep 14, 2026 | Current News & Events, Real Estate News

Airbnb is putting $250 million behind a new effort to get stalled housing developments moving, an unusually direct intervention in the housing-supply debate from a company that has spent years facing criticism over the effect short-term rentals can have on local...
America’s Homebuilding Pullback Is Deepening — and the Sun Belt Is Leading It

America’s Homebuilding Pullback Is Deepening — and the Sun Belt Is Leading It

by John G. Stevens | Sep 14, 2026 | Current News & Events, U.S. Housing Market

The U.S. housing market has spent years arguing that it needs more homes. Builders are now sending a different signal: in many of the markets that produced the most new supply during the pandemic-era boom, they are pulling back. A new Zillow analysis released Sept. 14...
AB CarVal Buys $340 Million Construction-Loan Portfolio as Private Credit Moves Deeper Into Housing

AB CarVal Buys $340 Million Construction-Loan Portfolio as Private Credit Moves Deeper Into Housing

by John G. Stevens | Sep 14, 2026 | Commercial Real Estate News, Current News & Events, Real Estate Investing

AB CarVal is putting $340 million of multifamily and build-to-rent construction debt onto its books, a transaction that offers another window into how private credit is moving into parts of real estate lending where traditional capital has become more selective. Funds...
10-Year Treasury Hits 5% as Mortgage Rates Face Fresh Pressure Before Fed Decision

10-Year Treasury Hits 5% as Mortgage Rates Face Fresh Pressure Before Fed Decision

by John G. Stevens | Sep 14, 2026 | Mortgage Information

The benchmark 10-year U.S. Treasury yield crossed 5% on Monday, a threshold it had not breached since October 2023, adding another jolt to mortgage pricing just one day before the Federal Reserve begins a two-day policy meeting. The move matters immediately to the...
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